<SEC-DOCUMENT>0001001807-15-000028.txt : 20151029
<SEC-HEADER>0001001807-15-000028.hdr.sgml : 20151029
<ACCEPTANCE-DATETIME>20151029091807
ACCESSION NUMBER:		0001001807-15-000028
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20151029
FILED AS OF DATE:		20151029
DATE AS OF CHANGE:		20151029

FILER:

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

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14406
		FILM NUMBER:		151182002

	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>6-K
<SEQUENCE>1
<FILENAME>telkom_fsq32015.htm
<DESCRIPTION>PT TELKOM INDONESIA (PERSERO) TBK
<TEXT>

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<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=eyinterstate lang=IN style="font-size:14.0pt;font-weight:normal;">&nbsp;</font></p>

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

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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;">UNITED STATES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;">SECURITIES AND
EXCHANGE COMMISSION</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Washington, D.C.
20549</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><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;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:18.0pt;">Form 6-K</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><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;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;">REPORT OF FOREIGN
PRIVATE ISSUER PURSUANT TO RULE 13 a-16 OR 15d-16</font></b></p>

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

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;">UNDER THE
SECURITIES EXCHANGE ACT OF 1934</font></b></p>

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

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;">For the month of October,
2015</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><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;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:18.0pt;">Perusahaan Perseroan (Persero)</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:18.0pt;">PT </font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:18.0pt;">Telekomunikasi
Indonesia Tbk</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=EN-US style="background:white;font-size:11.0pt;">(Exact name of Registrant as
specified in its charter)</font></p>

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

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

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=EN-US style="background:white;font-size:11.0pt;">(</font><font color=windowtext face="Times New Roman" lang=IN style="background:white;font-size:11.0pt;">A&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> </font><font color=windowtext face="Times New Roman" lang=EN-US style="background:white;font-size:11.0pt;">state-owned public limited liability </font><font color=windowtext face="Times New Roman" lang=IN style="background:white;font-size:11.0pt;">Company</font><font color=windowtext face="Times New Roman" lang=EN-US style="background:white;font-size:11.0pt;">)&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(Translation of registrant&#8217;s name into English</font><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">)&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" 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 color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">J</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:11.0pt;">l.&nbsp;</font></b><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> Japati No. 1 Bandung 40133</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:11.0pt;">, Indonesia</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(Address of principal executive office)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" 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 color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Indicate by check mark whether the registrant files or
will file annual</font></b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> </font><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">reports under
cover of Form 20-F or Form 40-F</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:11.0pt;">:&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><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;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Form 20-F </font></b><b><font color=windowtext face=wingdings lang=EN-US style="font-size:11.0pt;">&#254;&nbsp;</font></b><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> &nbsp;</font></b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Form 40-F&#160; </font></b><font color=windowtext face=wingdings lang=EN-US style="font-size:11.0pt;">&#168;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" 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 color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" 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 color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Yes </font></b><font color=windowtext face=wingdings lang=EN-US style="font-size:11.0pt;">&#168;&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">No </font></b><b><font color=windowtext face=wingdings lang=EN-US style="font-size:11.0pt;">&#254;&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" 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 color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Yes </font></b><font color=windowtext face=wingdings lang=EN-US style="font-size:11.0pt;">&#168;&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">No </font></b><b><font color=windowtext face=wingdings lang=EN-US style="font-size:11.0pt;">&#254;&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

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

<p style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;"><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;">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 color=windowtext 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:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Date </font><u><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">October 29, 2015</font></u><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">                              &nbsp;</font></p>
  </td>
 <td width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=IT style="font-size:10.0pt;">Perusahaan Perseroan (Persero)</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=IT style="font-size:10.0pt;">PT </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Telekomunikasi
  Indonesia Tbk</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=IT style="font-size:10.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=IT style="font-size:10.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">-----------------------------------------------------</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">(Registrant)</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">By:      /s/ Heri Sunaryadi</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">----------------------------------------------------</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">(Signature)</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Heri Sunaryadi </font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Director of Finance</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

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









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<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:72.0pt;">&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:72.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=eyinterstate lang=IN style="font-size:14.0pt;font-weight:normal;">Perusahaan
Perseroan (Persero)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=eyinterstate lang=IN style="font-size:14.0pt;">P</font><font color=windowtext face=eyinterstate lang=EN-US style="font-size:14.0pt;">T&nbsp;</font><font color=windowtext face=eyinterstate lang=IN style="font-size:14.0pt;"> Telekomunikasi Indonesia Tbk
</font><font color=windowtext face=eyinterstate lang=EN-US style="font-size:14.0pt;">and its subsidiaries</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=eyinterstate lang=IN style="font-size:18.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;vertical-align:baseline;"><font color=windowtext face=eyinterstate lang=IN style="font-size:13.0pt;">Consolidated financial statements as of September 3</font><font color=windowtext face=eyinterstate lang=EN-US style="font-size:13.0pt;">0</font><font color=windowtext face=eyinterstate lang=IN style="font-size:13.0pt;">, 2015 (unaudited) and for
the nine months period then ended (unaudited)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="eyinterstate light" lang=EN-US style="font-size:22.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="eyinterstate light" lang=EN-US style="font-size:22.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:191.4pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:13.0pt;">&nbsp;</font></b></p>









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<p style="background:white;margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Statement of the Board of Directors</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">regarding the Board of Director&#8217;s
Responsibility for</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Consolidated financial statements as
of </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">and for </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">nine&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> months period ended (unaudited)</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Perusahaan Perseroan (Persero) PT
Telekomunikasi Indonesia Tbk and its </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">S</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ubsidiaries&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=DE style="font-size:10.0pt;">On behalf of the Board of Directors, we undersigned:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=DE style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=DE style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=DE style="font-size:10.0pt;">1.&#160; Name&#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; :</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Alex J. Sinaga</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:99.0pt;margin-right:5.85pt;margin-top:0in;text-align:justify;text-indent:-94.5pt;"><font color=windowtext face=arial,sans-serif lang=PT-BR style="font-size:10.0pt;">&#160;&#160;&#160;&#160; Business address&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160; :</font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">Jl. Japati No.1 Bandung 40133</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=PT-BR style="font-size:10.0pt;">&#160;&#160;&#160; Address</font><font color=windowtext face=arial,sans-serif lang=IN 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; &nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; :Jl. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Anggrek Nelimurni B-70 </font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">No. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">38Kelurahan Kemanggisan</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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; Kecamatan
Palmerah, Jakarta Barat</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">&#160;&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Phone&#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; :(022)
452 7101</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=PT-BR style="font-size:10.0pt;">Position&#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; </font><font color=windowtext face=arial,sans-serif lang=EN-AU style="font-size:10.0pt;">:President Director</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=DE style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=DE style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160; Name&#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; :</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Heri Sunaryadi</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:99.0pt;margin-right:5.85pt;margin-top:0in;text-align:justify;text-indent:-94.5pt;"><font color=windowtext face=arial,sans-serif lang=PT-BR style="font-size:10.0pt;">&#160;&#160;&#160;&#160; Business address&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160; :</font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">Jl. Japati No.1 Bandung 40133</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=PT-BR style="font-size:10.0pt;">&#160;&#160;&#160; Address</font><font color=windowtext face=arial,sans-serif lang=IN 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; &nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; :</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Jl. Graha Taman Blok HC8 No.5 Bintaro
Jaya Sektor 9</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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; Kelurahan
Pondok Pucung Kecamatan Pondok Aren</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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; Tangerang
Selatan</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Phone&#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; :(022)
452 7201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">/ 021 520
9824</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=PT-BR style="font-size:10.0pt;">Position&#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; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">:Director of Finance</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">We
hereby state as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160; We are responsible for the
preparation and presentation of the consolidated financial statement of PT
Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) and its subsidiaries;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-right:4.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160; The Company and its subsidiaries&#8217;
consolidated financial statement have been prepared and presented in accordance
with Indonesianfinancial accounting standards;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-right:4.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3.&#160; All information has been fully and
correctly disclosed in the Company and its subsidiaries&#8217;consolidated financial statement;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:31.5pt;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-27.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4.&#160; 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:31.5pt;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-27.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">5.&#160; We are responsible for the Company
and its subsidiaries&#8217; internal control system.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:4.0pt;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">This
statement is considered to be true and correct.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:4.95pt;margin-right:5.85pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">Jakarta, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">October</font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></p>

<p style="background:white;margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="background:white;margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="background:white;margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="background:white;margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="background:white;margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:6.75pt;margin-right:6.75pt;width:100.0%;">
 <tr style="height:.2in;">
  <td valign=bottom width=28% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="background:white;margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">/s/ Alex Sinaga</font></p>
  </td>
 <td valign=bottom width=29% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="background:white;margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=43% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="background:white;margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">/s/ Heri Sunaryadi</font></p>
  </td>
 </tr>
<tr style="height:.2in;">
  <td valign=top width=28% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Alex J. Sinaga</font></b></p>
  </td>
 <td valign=top width=29% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=43% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Heri Sunaryadi</font></b></p>
  </td>
 </tr>
<tr style="height:.2in;">
  <td valign=top width=28% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">President Director</font></b></p>
  </td>
 <td valign=top width=29% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=43% style="height:.2in;padding:0in 5.4pt 0in 5.4pt;">
  <p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director
  of Finance</font></b></p>
  </td>
 </tr>
</table></div>

<p style="background:white;margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>





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<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">These consolidated
financial statements are originally issued in Indonesian language</font></i></p>

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

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk AND
ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">CONSOLIDATED FINANCIAL STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">AS OF SEPTEMBER 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> AND</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> FOR THE </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NINE&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> MONTHS PERIOD THEN ENDED (UNAUDITED) </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><a name=TOC></a><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">TABLE OF CONTENTS</font></b></p>

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

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif 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=81% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Page</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=81% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><a href="#CSFP"><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">Consolidated Statement of Financial
  Position</font></u></a></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1-3</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=81% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><a href="#CSPLCI"><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">Consolidated Statement of </font></u><u><font color=blue face=arial,sans-serif lang=IN style="font-size:10.0pt;">P</font></u><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">rofit or </font></u><u><font color=blue face=arial,sans-serif lang=IN style="font-size:10.0pt;">L</font></u><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">oss and </font></u><u><font color=blue face=arial,sans-serif lang=IN style="font-size:10.0pt;">O</font></u><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">ther
  </font></u><u><font color=blue face=arial,sans-serif lang=IN style="font-size:10.0pt;">C</font></u><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">omprehensive </font></u><u><font color=blue face=arial,sans-serif lang=IN style="font-size:10.0pt;">I</font></u><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">ncome&nbsp;</font></u></a></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=81% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><a href="#CSCE"><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">Consolidated Statement of Changes in
  Equity</font></u></a></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5-6</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=81% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><a href="#CSCF"><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">Consolidated Statement of Cash Flows</font></u></a></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">7</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=81% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><a href="#NCFS"><u><font color=blue face=arial,sans-serif style="font-size:10.0pt;">Notes to the Consolidated Financial
  Statements</font></u></a></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">8-</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">131&nbsp;</font></p>
  </td>
 </tr>
</table></div>

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









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<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">These consolidated
financial statements are originally issued in Indonesian language</font></i></p>

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

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk  AND ITS
SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><a name=CSFP></a><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">CONSOLIDATED STATEMENT OF FINANCIAL
POSITION</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 (unaudited), December 31, 2014
(restated) and January 1, 2014 (restated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in tables are expressed in
billions of rupiah, unless otherwise stated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN 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;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN 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 valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">January 1, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:9.0pt;">2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">ASSETS</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">CURRENT ASSETS</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2c,2e,2u,4,3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">,4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">26,264</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">17,672</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">14,696</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Other current financial assets</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2c,2d,2e,2u,5,3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">,4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,9</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">97&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,797</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6,872</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Trade
  receivables - net of provision for</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;"> impairment of receivables</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2g,2u</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6,16,19,20,28,42&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Related
  parties</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2c,36</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">624</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">873</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,103</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Third
  parties</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">8,790</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6,124</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">5,520</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Other
  receivables - net of provision for impairment of receivables</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2g,2u,4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">456</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">383</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">395</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Inventories
  - net of provision for</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;"> obsolescence</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2h,7,1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">19</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">,20&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">690</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">474</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">509</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Advances and prepaid</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;"> expenses</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2c,2i,8,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">36&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">4,186</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">4,733</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">3,937</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Claim for tax refund</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2t,3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">66</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">291</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Prepaid taxes</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2t,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">30&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">513&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">890</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">525</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Asset held for sale</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2j,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">10&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">57</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">105</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Total Current Assets</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">45,586</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">34,294</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">33,672</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">NON-CURRENT ASSETS</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Long-term investments</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2f,2u,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">762&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,767</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">304</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Property
  and equipment - net of</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;"> accumulated depreciation</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2d,2l,2m,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2n,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">16,19,20&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">98,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">900&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">94,809</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">86,761</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Prepaid pension benefit costs</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2s,3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,0</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">58&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,170</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">949</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Advances and other non-current</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;"> assets</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2c,2i,2l,2n,2u,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">11,36,39,42&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">7,271</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6,479</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">4,795</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Claims
  for tax refund - net of current portion</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2t,3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">852</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">745</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">499</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Intangible
  assets - net of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">accumulated
  amortization</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2d,2k,2n,12</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">828&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,463</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,508</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Deferred tax assets - net</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2t,3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">137</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">95</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">67</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Total Non-current Assets</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">112,808</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">107,528</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">94,883</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">TOTAL ASSETS</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">15</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">8,394&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">141,822</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">128,555</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face="Times New Roman" lang=FR style="font-size:9.0pt;">&#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; </font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>





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





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">The

accompanying notes to the consolidated financial statements form an integral

part ofthese consolidated financial statements taken as a whole.</font></p>



<div style="">



<div align=left><table cellpadding=0 cellspacing=0 border=0 style="width:0px;">
 <tr>
  <td align=left valign=top style="padding-bottom:0in;padding-left:0in;padding-right:0in;padding-top:0in;">

  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif style="font-size:10.0pt;"></font></font><font face=arial,sans-serif style="font-size:10.0pt;">1</font></p>

  </td>
 </tr>
</table></div>



</div>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=IN style="font-size:10.0pt;">&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_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;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">These consolidated
financial statements are originally issued in Indonesian language</font></i></p>

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

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk  AND ITS
SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">CONSOLIDATED STATEMENT OF FINANCIAL
POSITION</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 (unaudited), December 31, 2014
(restated) and January 1, 2014 (restated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in tables are expressed in
billions of rupiah, unless otherwise stated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE 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;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE 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=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">January 1, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:7.0pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:9.0pt;">2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">LIABILITIES AND EQUITY</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">CURRENT LIABILITIES</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Trade payables</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2o,2r,2u,13,42</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Related parties</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,36</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">1,195</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">89</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,0</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">29&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:14.0pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Third parties</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">10,648</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">11,46</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">11,16</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Other payables</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2u,42</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">1,657</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">114</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">388</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Taxes payable</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2t,30</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">3,202</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2,376</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,698</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Accrued expenses</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,2r,2u,14,26,33,36,42</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">8,128</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,211</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,264</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Unearned income</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2r,15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">485&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3,963</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3,490</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Advances from customers and suppliers</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,36</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">586</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">583</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">472</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Short-term bank loans</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,2p,2u,16,36,42</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">427</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,810</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">432</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Current maturities of long-term liabilities</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,2m,2p,2u,17,36,42</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">4,582</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,899</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,093</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Total Current Liabilities</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">33,910</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">32,318</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">29,034</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">NON-CURRENT LIABILITIES</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Deferred tax liabilities - net</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2t,30</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">2,216</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2,703</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2,908</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Other liabilities</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2r</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">306</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">394</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">472</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Long service award provisions</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2s,34</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">432</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">410</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">336</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Post-retirement
  health care benefit costs provisions</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2s,35</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">624</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">441</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">993</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Pension and other
  post-employment benefits</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2s,33</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">833&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3,674</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3,265</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Long-term
  liabilities - net of current maturities</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2u,17,42</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Obligations under finance leases</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2m,10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">083&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4,218</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4,321</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Two-step loans</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,2p,18,36</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">442&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,408</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,702</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Bonds and notes</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,2p,19,36</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">9,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">507&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2,239</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3,073</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Bank loans</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2c,2p,20,36</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">14,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">956&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">7,878</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,635</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Total Non-current Liabilities</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">37,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">399&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">23,365</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">22,705</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">TOTAL LIABILITIES</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">71,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">309&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">55,683</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">51,739</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">The

accompanying notes to the consolidated financial statements form an integral

part ofthese consolidated financial statements taken as a whole.</font></p>



<div style="">



<div align=left><table cellpadding=0 cellspacing=0 border=0 style="width:0px;">
 <tr>
  <td align=left valign=top style="padding-bottom:0in;padding-left:0in;padding-right:0in;padding-top:0in;">

  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif style="font-size:10.0pt;"></font></font><font face=arial,sans-serif style="font-size:10.0pt;">2</font></p>

  </td>
 </tr>
</table></div>



</div>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=IN style="font-size:10.0pt;">&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_8"></a><a name="_bclPageBorder8"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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<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>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">These consolidated
financial statements are originally issued in Indonesian language</font></i></p>

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

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk  AND ITS
SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">CONSOLIDATED STATEMENT OF FINANCIAL
POSITION</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 (unaudited), December 31, 2014
(restated) and January 1 2014 (restated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in tables are expressed in
billions of rupiah, unless otherwise stated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE 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;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif 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=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">January 1, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:9.0pt;">2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">EQUITY</font></b></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Capital stock -
  Rp50 par value per Series A Dwiwarna share and Series B share Authorized
  - 1 Series A Dwiwarna share and 399,999,999,999 Series B shares Issued
  and fully paid - 1 Series A Dwiwarna share and
  100,799,996,399 Series B shares</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1c,22</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,040</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,040</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,040</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Additional paid-in capital</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2d,2v,23</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2,899</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2,899</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2,323</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Treasury stock</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2v,24</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(3,836</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(3,836</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(5,805</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Effect of change in
  equity of associated companies</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2f</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">386</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">386</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">386</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Unrealized holding
  gain on available-for-sale securities</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2u</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">35</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">39</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">38</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Translation
  adjustment</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2f</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">632</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">415</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">391</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Difference due to
  acquisition of non-controlling interests in subsidiaries</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1d,2d</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(508</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(508</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(508</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Other reserves</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1d</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">49</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">49</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">49</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Retained earnings</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Appropriated</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">32</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">15,337</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">15,337</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">15,337</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Unappropriated</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">50,757</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">47,995</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">42,633</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Net Equity
  Attributable to Owners of the Parent Company</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">70,791</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">67,816</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">59,884</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Non-controlling Interests</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">2b,21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">16,294</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">18,323</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">16,932</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">TOTAL EQUITY</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">87,085</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">86,139</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">76,816</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">TOTAL LIABILITIES AND EQUITY</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">15</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">8,394&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">141,822</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">128,555</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">The

accompanying notes to the consolidated financial statements form an integral

part ofthese consolidated financial statements taken as a whole.</font></p>



<div style="">



<div align=left><table cellpadding=0 cellspacing=0 border=0 style="width:0px;">
 <tr>
  <td align=left valign=top style="padding-bottom:0in;padding-left:0in;padding-right:0in;padding-top:0in;">

  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif style="font-size:10.0pt;"></font></font><font face=arial,sans-serif style="font-size:10.0pt;">3</font></p>

  </td>
 </tr>
</table></div>



</div>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></font></p>





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</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%">

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<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>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">These consolidated
financial statements are originally issued in Indonesian language</font></i></p>

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

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><a name=CSPLCI></a><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">CONSOLIDATED STATEMENT OF PROFIT OR
LOSS AND OTHER COMPREHENSIVE INCOME</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For the Nine Months Period Ended
September</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014 (unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of rupiah, unless otherwise stated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">REVENUES</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2c,2r,2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">5</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">75,719</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">65,841</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Operations,
  maintenance and telecommunication service expenses</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2c,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2h,</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2r,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">7,</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">7</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">21,295&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(16,764</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Depreciation and
  amortization</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2k,2l,2m,2r,1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(13,504</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(12,036</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Personnel expenses</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2c,2r,2s,1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">5</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(9,207</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(7,398</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Interconnection
  expenses</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2c,2r,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">29</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,700</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(3,680</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">General and
  administrative expenses</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2c,2g,2r,2t,6,2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">8</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(3,273</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,390</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Marketing expenses</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2r</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,170</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,314</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Gain (l</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">oss</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> on foreign exchange
  &#8211; net</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2q</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">77</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">203&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other income</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2r,10c</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">688</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,292</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other expenses</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2r,1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">c&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(343</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(399</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">OPERATING
  PROFIT</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">23,992</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">21,949</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Finance income</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2c,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">980</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">928</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Finance costs</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2c,2r,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1,658</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1,333</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Share of </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">profit (</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">loss</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> of associated companies</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2f,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(1</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">PROFIT BEFORE
  INCOME TAX</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">23,320</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">21,532</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">INCOME TAX
  (EXPENSE) BENEFIT</font></b></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2t,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Current</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(6,157</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(5,505</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Deferred</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">174</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">74</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(5,983</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(5,431</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">PROFIT FOR THE </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">PERIOD&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">17,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">16,101</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">OTHER
  COMPREHENSIVE INCOME (LOSS)</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other
  comprehensive income to be reclassified to profit </font></i><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">o</font></i><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">r loss in subsequent period:</font></i></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Foreign currency translation</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">1d,2b,2f</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">217</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">13&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Change in fair value of
  available-for-sale financial assets</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2u</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other
  Comprehensive Income &#8211; net</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">213</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(12</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">TOTAL
  COMPREHENSIVE INCOME FOR THE </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">PERIOD&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">17,550</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">16,089</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Profit for the </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">period&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> attributable to:</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Owners of the
  parent company</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">11,545</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">11,268</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Non-controlling
  interests</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2b,2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">5,792</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4,833</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">17,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">16,101</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total
  comprehensive income for the </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">period&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> attributable to:</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Owners of the
  parent company</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">11,758</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">11,256</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Non-controlling
  interests</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2b,2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">5,792</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4,833</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">17,550</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">16,089</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">BASIC AND
  DILUTED EARNINGS PER SHARE</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(in full amount)</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Net income per
  share</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2x,3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">117.60</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">115.53</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Net income per ADS
  (</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">200&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> Series B shares per ADS)</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">23,518.21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">23,105.79</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">                &nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>









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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">The

accompanying notes to the consolidated financial statements form an integral

part ofthese consolidated financial statements taken as a whole.</font></p>



<div style="">



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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif style="font-size:10.0pt;"></font></font><font face=arial,sans-serif style="font-size:10.0pt;">4</font></p>

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</table></div>



</div>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></font></p>





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</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="arial italic" lang=EN-US style="font-size:8.0pt;">These consolidated financial statements are
originally issued in Indonesian language.</font></i></p>

<p align=left style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=X-NONE style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><a name=CSCE></a><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">CONSOLIDATED STATEMENT OF </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">CHANGES IN EQUITY</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For the nine months period Ended
September</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014 (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of rupiah, unless otherwise stated)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif 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;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:102.82%;">
 <tr>
  <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=21 valign=bottom width=73% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Attributable to
  owners of the parent company</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=5% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=5% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:27.75pt;">
  <td rowspan=2 valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Descriptions</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=7% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Notes</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Capital</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">stock</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=4% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Additional
  paid-in capital</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Treasury</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">stock</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Effect of
  change in equity of associated</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">companies</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Unrealized
  holding gain on available - for-sale securities</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td rowspan=2 valign=bottom width=4% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Translation</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">adjustment</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Difference due to acquisition of non-controlling interests in subsidiaries</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Other reserves</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Retained earnings</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Net</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Non-controlling interests</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Total equity</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:21.75pt;">
  <td valign=bottom width=7% style="border-bottom:solid windowtext 1.0pt;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Appropriated</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Unappropriated</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Balance,
  December 31, 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">5,040</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">2,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">899&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3,836&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">386</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">9&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">415</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(508</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">49</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">15,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7,986&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">6</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">807&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8,318&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">86,125</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Adjustment in
  relation to implementation of
  Statement of Financial
  Accounting Standards (PSAK) No. </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">24
  Employee benefits </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(Revised 2013)</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2ab</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">14</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Balance,
  January 1, 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">, restated</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">5,040</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">2,899</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(3,836</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">386</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">39</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">415</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(508</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">49</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">15,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7,995&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">6</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7,816&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">18,3</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">23&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">86,1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">39&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Paid in capital for
  associated companies</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Cash dividends</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2w,32</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(8,78</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(8,78</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(7,830</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(16,613</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Comprehensive
  income for the </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">period&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">1d,2b,2f,2q,2u,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">21&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=4% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">217</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">11,545</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">11,758</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,792</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">17,550</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Balance, June
  30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,040</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,899</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(3,836</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">386</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">63</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(508</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">49</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">15,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">50,757</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">70,791</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">16,294</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">87,085</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>









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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">The

accompanying notes to the consolidated financial statements</font><font face=arial,sans-serif style=""><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> &nbsp;</font></font><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">form an integral part

of</font><font face=arial,sans-serif style=""><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> &nbsp;</font></font><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">these

consolidated financial statements taken as a whole.</font></p>



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



<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">5</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></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;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="arial italic" lang=EN-US style="font-size:8.0pt;">These consolidated financial statements are
originally issued in Indonesian language.</font></i></p>

<p align=left style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=X-NONE style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">CONSOLIDATED STATEMENT OF </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">CHANGES IN EQUITY</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For the Nine Months Period Ended
September</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014 (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of rupiah, unless otherwise stated)</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN 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;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=21 valign=bottom width=70% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Attributable to
  owners of the parent company</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:27.75pt;">
  <td rowspan=2 valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Descriptions</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td rowspan=2 valign=bottom width=6% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Notes</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Capital stock</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Additional paid-in capital</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Treasury stock</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Effect of
  change in equity of associated companies</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Unrealized
  holding gain on available-for-sale securities</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td rowspan=2 valign=bottom width=6% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Translation
  adjustment</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=6% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Difference due to acquisition of non-controlling</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">interest in
  subsidiaries</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Other reserves</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Retained
  earnings</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Net</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Non-controlling
  interests</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Total equity</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=1% style="height:27.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:21.75pt;">
  <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Appropriated</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Unappropriated</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Balance,
  December 31, 2013</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">5,040</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">2,323</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(5,805</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">386</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">38</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">391</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(508</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">49</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">15,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">43,291</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">60,542</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">16,882</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">77,424</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Adjustment in
  relation to implementation of Statement of Financial Accounting Standards (PSAK)
  No. </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">24 Employee benefits </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(Revised 2013)</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2ab</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(658</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(658</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">50</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(608</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Balance,
  January 1, 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">, restated</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,040</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,323</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(5,805</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">386</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">38</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">391</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(508</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">49</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">15,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">42,633</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">59,884</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">16,932</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">76,816</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Paid in capital for associated
  companies</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">35</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">35</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Cash dividends</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">2w,32</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(9.943</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(9,943</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(5,485</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(15,428</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Sales of treasury
  stock</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">24</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">576</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,969</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,545</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,545</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Comprehensive
  income (loss) for the </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">period&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">1d,2b,2f,2q,2u,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">21&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">13&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><u><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></u></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">11,268</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">11,256</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4,833</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">16,089</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Balance,
  June 30, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,040</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,899</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(3,836</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">386</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">39</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">78&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(508</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">49</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">15,337</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">43,958</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">63,742</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">16,335</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">80,077</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></sup></p>









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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">The

accompanying notes to the consolidated financial statements</font><font face=arial,sans-serif style=""><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> &nbsp;</font></font><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">form an integral part

of</font><font face=arial,sans-serif style=""><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> &nbsp;</font></font><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">these

consolidated financial statements taken as a whole.</font></p>



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



<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">6</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif 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;text-align:justify;"><font style=""><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></font></p>





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><a name=CSCF></a><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">CONSOLIDATED STATEMENT OF CASH
FLOW</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> &nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For the Nine Months Period Ended
September</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014 (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.02%;">
 <tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CASH FLOWS FROM
  OPERATING ACTIVITIES</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Cash receipts from:</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Customers</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">68,888</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">60,479</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Other operators</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,379</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3,690</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total cash receipts
  from revenues</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">71,267</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">64,169</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Interest income
  received</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">969</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">924</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Payment for
  value added tax &#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">88</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">492</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Cash p</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">ayments for expenses </font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(24,181</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(24,342</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Cash p</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">ayments to employees</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(8,760</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(7,381</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Payments for </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">corporate
  and final </font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">income
  taxes </font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(6,080</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(5,939</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Payments for
  interest costs</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(1,804</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(1,293</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Other cash
  receipts </font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(189</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">734</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Net cash provided by
  operating activities</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">31,310</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">27,364</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CASH FLOWS FROM
  INVESTING ACTIVITIES</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Proceeds
  from sale of property and equipment </font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">313</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">154</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Proceeds
  from insurance claims</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">88</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">62</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Decrease in
  advances and other assets</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">11</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">31</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">126</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Cash
  dividends receipts from associate entity</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">17</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Proceeds from time
  deposits</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6,200</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Business
  acquisition net of cash received</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">100</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Acquisition of
  property and equipment</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(18,136</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(17,446</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Acquisition of
  intangible assets</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">12</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(1,003</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(608</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Increase in advances
  for purchases of property and equipment</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">11</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(319</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(1,774</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">P</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">lacements in </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">time deposit
  and </font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">assets
  available for sale</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(199</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(909</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Increase of
  long-term investments</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1,431</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Net cash used</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> in </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">investing activities</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(19,218</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(15,726</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CASH FLOWS FROM
  FINANCING ACTIVITIES</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Proceeds from bank loans</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">8,966</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5,982</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Proceeds
  from bonds</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6,985</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Proceeds from
  short-term bank loans</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,099</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3,080</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Proceeds
  from medium term notes</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">20&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Capital contribution of non-controlling
  interests in associated companies</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">55</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Proceeds
  from sales of treasury stock</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">24</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,546</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Proceeds from
  promissory notes</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">19</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Cash dividends paid
  to the Company&#8217;s stockholder</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">32</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(8,78</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(9,943</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Cash dividends paid
  to non-controlling interests of subsidiaries</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(6,288</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5,485&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Repayments of short-term
  bank loans</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">16</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(3,571</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(909</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Repayments of
  two-step and bank loans</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">,2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(2,742</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(3,119</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Repayments
  of bonds</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(1,005</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Payments of
  obligations under finance leases</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(457</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(514</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Repayments of
  promissory notes</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(60</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(213</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Net cash used in
  financing activities</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(4,527</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(8,499</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">NET
  INCREASE IN CASH AND CASH EQUIVALENTS</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">7,565</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3,139</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">EFFECT
  OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,027</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CASH
  AND CASH EQUIVALENTS AT BEGINNING OF YEAR</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">17,672</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">14,696</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CASH
  AND CASH EQUIVALENTS AT END OF </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">PERIOD&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">26,264</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">17,834</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">The

accompanying notes to the consolidated financial statements, form an integral

part ofthese consolidated financial statements taken as a whole.</font></p>



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



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  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="display:none;"><font face="Times New Roman" style="font-size:10.0pt;"></font></font><font face="Times New Roman" style="font-size:10.0pt;">7</font></p>

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<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></font></p>





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<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>
<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="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><a name=NCFS></a><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

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<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">1.&#160;&#160;&#160;&#160; GENERAL</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">a.&#160;&#160;&#160;&#160; Establishment
and general information</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Perusahaan
Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) was
originally part of </font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8220;Post en Telegraafdienst&#8221;</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 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. Decree
No. 7 was published in State Gazette No. 52 dated April 3, 1884.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In
1991, the status of the Company was changed into a state-owned limited
liability corporation (&#8220;Persero&#8221;) based on Government Regulation No. 25/1991.
The ultimate parent of the Company is the Government of the Republic of
Indonesia (the &#8220;Government&#8221;) (Notes 1c and 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">).&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">n compliance with the Financial
Services Authority Regulations and the Ministry of State-Owned Enterprises
Regulations and Circulation Letters, addition of main and supplementary
business activities of the Company, addition of special right of Series A
Dwiwarna stockholders, revision regarding the change in authority limitation of
the Board of Directors which requires approval from the Board of Commissioners
in performing such managing activities of the Company as well as improvement in
the editorial and systematic of Articles of Association related to the addition
of Articles of Association substance based on notarial deed No. 20 dated May
12, 2015 of Ashoya Ratam, S.H., MKn</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
latest amendment was accepted and approved by
the Ministry of Law and Human</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
Rights of the Republic of Indonesia (&#8220;MoLHR&#8221;) in its Letter </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">No. AHU-AH.01</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.03</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">-</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0938775&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> date</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">d June 9, 2015 and MoLHR decision&#8217;s No.
AHU-0936901.AH.01.02.Th.2015 dated June 9, 2015. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In
accordance with Article 3 of the Company&#8217;s Articles of Association, the scope
of its activities </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">are&nbsp;</font><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Main
business:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Planning,
building, providing, developing, operating, marketing</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">/</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">selling</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">/</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">leasing</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and maintaining telecommunications and information networks </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">in a broad sense </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">in accordance with prevailing </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">regulations</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ii.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Planning,
developing, providing, marketing</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">/</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">selling</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and improving telecommunications and information services </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">in a broad sense </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">in accordance with prevailing </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">regulation</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iii.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Making investments including capital
participation in other companies in line with achieving the purposes and
objectives of the Company</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Supporting business:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif 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:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ii.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif 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 moving assets, information systems, education
and training, and repairs and maintenance facilities.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">iii.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Collaborat</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">ing&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;"> with other parties in
order to optimize the information, communication or technology resources, owned
by other parties as information, communication and technology industry players
in line with achieving the purposes and objectives of the Company.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
Company&#8217;s head office is located at Jalan Japati No. 1, Bandung, West Java.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">8</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160; GENERAL</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<ol start=1 type=a style="margin-bottom:0in;margin-top:0in;">
 <li style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Establishment and general information</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></li>
</ol>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
Company </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">was
granted</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> several </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">networks and/or services</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> licenses by the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">G</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">overnment
which are valid for an unlimited period of time as long as the Company complies
with </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">prevailing
laws </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">and fulfills the
obligation stated in those
licenses. For every
license, an evaluation is performed annually and an overall evaluation is
performed every 5 (five) years.
The Company is obliged to
submit reports of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">networks
and/or </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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,
Internet Inter</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">c</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">onnection Service, and Internet Access
Service, there </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">are&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> additional information</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> required such as operational
performance, customer segmentation, traffic, and gross revenue.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Details
of these licenses are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.5in;width:96.38%;">
 <tr>
  <td width=25% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:9.0pt;">License</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:9.0pt;">License No.</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Type of services</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:9.0pt;">Grant
  date/latest </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">renewal
  date</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate local fixed line and
  basic telephone services network</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">381/KEP/M.KOMINFO/10/2010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Local fixed line and
  basic telephone services network</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">October 28, 2010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate fixed domestic long
  distance and basic telephone services network</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">382/KEP/M.KOMINFO/10/2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Fixed domestic long
  distance and basic telephone services network</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">October 28, 2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate fixed international and
  basic telephone services network</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">383/KEP/
  M.KOMINFO/10/2010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Fixed international and
  basic telephone services network</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">October 28, 2010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate fixed closed network</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">398/KEP/M.KOMINFO/11/2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Fixed closed network</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">November 12, 2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate internet telephone
  services for public purpose</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">384/KEP/DJPT/M.KOMINFO/11/2010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Internet
  telephone
  services
  for
  public
  purposes</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">November 29, 2010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate as internet service
  provider</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">83/KEP/DJPPI/KOMINFO/4/2011</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Internet service
  provider</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">April 7, 2011</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate data communication
  system services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">169/KEP/DJPPI/KOMINFO/6/2011</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Data communication system
  services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">June 6, 2011</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate packet switched based
  local fixed line network</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">331/KEP/M.KOMINFO/07/2011</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Packet switched based
  local fixed line network</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">July 27, 2011</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">License to operate network access point</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">331/KEP/M.KOMINFO/09/2013</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Internet
  connection
  services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">September 24, 2013</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160; GENERAL (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; Company&#8217;s Board of Commissioners,
Board of Directors, Audit Committee, Corporate Secretary and </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">e</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">mployees &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160; Boards
of Commissioners and Directors</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Based
on resolutions made at </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Annual
General Meeting (&#8220;AGM&#8221;) of Stockholders of the Company as covered by notarial
deed No. 26 of </font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">of
Ashoya Ratam, S.H., MKn.,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
dated on April 17, 2015, and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Extraordinary
General Meeting (&#8220;E</font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">GM</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#8221;)&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;"> as covered by notarial deed No. 35 of
Ashoya Ratam, S.H., MKn., dated on December 19, 2014</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he composition of the Company&#8217;s Boards of Commissioners
and Directors as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively, w</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ere&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=33% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=32% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">President Commissioner</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Hendri Saparini</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Hendri Saparini</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Commissioner</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Dolfie Othiel Fredric Palit</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Dolfie Othiel Fredric Palit</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Commissioner</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Hadiyanto</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Hadiyanto</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Commissioner</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Margiyono Darsasumarja</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Imam Apriyanto Putro</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Independent Commissioner</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Rinaldi Firmansyah</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Virano Gazi Nasution</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Independent Commissioner</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Parikesit Suprapto</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Parikesit Suprapto</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Independent Commissioner</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Pamiyati Pamela Johana Waluyo</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Johnny Swandi Sjam</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">President Director</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Alex Janangkih Sinaga</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Alex Janangkih Sinaga</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director of Finance</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Heri Sunaryadi</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Heri Sunaryadi</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director of Innovation and Strategic Portfolio</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Indra Utoyo</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Indra Utoyo</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director of Enterprise and Business Service</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Muhammad Awaluddin</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Muhammad Awaluddin</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director of Wholesale and International Services</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Honesti Basyir</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Honesti Basyir</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director of Human Capital Management</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Herdy Rosadi Harman</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Herdy
  Rosadi Harman</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director of Network, Information Technology and
  Solution</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Abdus Somad Arief</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Abdus Somad Arief</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Director of Consumer Services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Dian Rachmawan</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Dian Rachmawan</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:67.5pt;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; Audit
Committee and Corporate Secretary</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
composition of the Company&#8217;s Audit Committee and the Corporate Secretary as of September
30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">December 31, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, were as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=33% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015*</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=32% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Chair</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Rinaldi Firmansyah</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Johnny Swandi Sjam</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Secretary</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Tjatur Purwadi</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Tjatur Purwadi</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Member</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Parikesit Suprapto</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Parikesit Suprapto</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Member</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Dolfie Othniel Fredric Palit</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Virano Gazi Nasution</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Member</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Agus Yulianto</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Agus Yulianto</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Corporate Secretary</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Andi Setiawan</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Honesti Basyir</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:63.0pt;text-align:justify;text-indent:-9.0pt;vertical-align:baseline;"> <font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">*</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">  </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">The change of Audit
Committee is based on Commissioner Regulation</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> No. 06/KEP/DK/2015
dated May 7, 2015</font></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</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%">

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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:center;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160;  GENERAL (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; Company&#8217;s Board of Commissioners,
Board of Directors, Audit Committee, Corporate Secretary and employees </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3.&#160;&#160; Employees</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
of September 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,
2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
the Group had </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">24,583
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">employees and 25,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">284&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> employees (unaudited), respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Public offering of securities of
the Company</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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. 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In
December 2001, the Government had another block sale of 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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&nbsp;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 align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:11.0pt;">.</font></p>









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<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><i><font color=windowtext face="arial italic" lang=EN-US style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160;
GENERAL (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">c.&#160;&#160;&#160;&#160; Public offering
of securities of the Company (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">During
the EGM held on December 21, 2005 and the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Annual General Meeting (&#8220;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">AGM</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#8221;)&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> held on June 29, 2007, June 20, 2008, and May 19, 2011,
the Company&#8217;s stockholders approved phase I, II, III and IV plan, respectively,
of the Company&#8217;s program to repurchase its issued Series B shares (Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> O</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">n July 30, 2013, the Company has sold
all such shares </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(Note
24).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.35pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.35pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">At</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> the AGM held on April 19, 2013 as
covered by notarial deed No. 38 dated April 19, 2013 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> phase III </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, MKn</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
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 color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">On May 16 and June 5, 2014, the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">C</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ompany deregistered from Tokyo Stock
Exchange </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(&#8220;TSE&#8221;)&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and delisted from the
LSE,respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, all of the Company&#8217;s Series B shares are listed on the
IDX and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">45,289,150 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ADS shares are listed on the NYSE
(Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:6.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">June 25</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2015&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> the Company issued </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the second rupiah bonds </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">with a nominal amount of Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,005&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion for Series A, a five-year
period and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,995&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion for Series B, a ten-year
period, respectively, are listed on the IDX (Note </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">19</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a).&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of June 16, 2015, the Company issued Continuous Bond I
Telkom Phase I 2015, with a nominal amount Rp2,200 billion for Series A, a
seven-year period, Rp2,100 billion for Series B, a ten-year period, Rp1,200
billion for Series C a fifteen-year period and Rp1,500 billion for Series D a
thirty-year period, repectively, are listed on the IDX (Note 19a).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">d.&#160;&#160;&#160;&#160; Subsidiaries</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:3.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the Company has consolidated the
following directly or indirectly owned subsidiaries (Notes 2b and 2d):</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">(i)&#160;&#160;&#160; </font></i></b><b><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Direct subsidiaries</font></u></i></b><b><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">:&nbsp;</font></u></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=25% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif style="font-size:6.0pt;">Percentage of
  ownership interest</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=22% style="border-bottom: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=arial,sans-serif style="font-size:6.0pt;">Total assets before
  elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=25% style="border-bottom: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=arial,sans-serif style="font-size:6.0pt;">Subsidiary/place of
  incorporation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">Nature of
  business/date</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">of incorporation or
  acquisition</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">by the Company</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:6.0pt;">Date of start of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">commercial
  operations</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:6.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">,&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif lang=IN style="font-size:6.0pt;">December 31,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:6.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">,&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">December 31,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">PT Telekomunikasi Selular (</font><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&#8220;Telkomsel&#8221;</font></b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">)
  </font><i><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">Telecommunication &#8211; provides
  Telecommunication facilities and mobile cellular services using Global
  Systems for Mobile Communication (&#8220;GSM&#8221;) technology/May 26, 1995</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">1995</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">65</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">65</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">82,756</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">7</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">8,654&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font><font face=arial,sans-serif style=""><font face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:10.0pt;">1.&#160; GENERAL
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Subsidiaries</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)&#160;&#160; </font></i></b><b><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Direct subsidiaries</font></u></i></b><b><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">:&nbsp;</font></u></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=25% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Nature of
  business/ date of incorporation </font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Date of start
  of</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=22% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">Percentage of
  ownership interest</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=22% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">Total assets
  before elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=25% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">Subsidiary/place
  of incorporation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">or
  acquisition by the Company</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">commercial
  operations</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">December 31,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">December 31,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Dayamitra Telekomunikasi (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Dayamitra&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecommunication/May 17, 2001</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1995</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8,740</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8,836</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Multimedia Nusantara(</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Metra&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Multimedia and </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">network&nbsp;</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> telecommunication
  services/May 9, 2003</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1998</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">7,528</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">6,256</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Telekomunikasi</font><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;"> Indonesia International (</font><b><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">&#8220;TII&#8221;</font></b><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">),</font><i><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecommunication/</font><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">July 31, 2003</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1995</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,529</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4,549</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Telkom Akses (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Telkom Akses&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Construction, service and trade in the field of
  telecommunication/November 26, 2012</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3,594</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,089</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Graha Sarana Duta (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;GSD&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">),&nbsp;</font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Leasing of offices and providing building management and
  maintenance services, civil consultant and developer/April 25, 2001</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1982</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3,487</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,310</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">PT P</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">INS Indonesia </font><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">(</font><b><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">&#8220;P</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">INS</font></b><b><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">&#8221;</font></b><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">)&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;"> previously PT Pramindo Ikat Nusantara </font><i><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">Telecommunication construction and
  services/August 15, 2002</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">1995</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IT style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3,208</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3,129</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Infrastruktur Telekomunikasi</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">
  Indonesia </font><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(&#8220;Telkom Infratel&#8221;) </font></b><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Construction, service and trade in the field of
  telecommunication/</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">January 16, 2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">708</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">331</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Patra Telekomunikasi Indonesia (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Patrakom&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">
  Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecomunicatio</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">n-&nbsp;</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> provides </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">satellite&nbsp;</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> communication system, </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">services and
  facilities/</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">September 28, 1995</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1996</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">502</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">345</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Napsindo Primatel Internasional (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Napsindo&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecommunication - provides Network Access Point (NAP),
  Voice Over Data (VOD) and other related services/December 29, 1998</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1999; ceased
  operations on January 13, 2006</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160; GENERAL
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Subsidiaries (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii) </font></i></b><b><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Indirect subsidiaries:</font></u></i></b><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:1.0pt;">&#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; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:49.5pt;width:95.04%;">
 <tr>
  <td valign=bottom width=25% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Nature of
  business/date of incorporation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Date of start
  of</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=22% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">Percentage of
  ownership interest</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=22% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">Total assets
  before elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=25% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">Subsidiary/place
  of incorporation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">or
  acquisition by the Company</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">commercial
  operations</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=Arial,sans-serif style="font-size:7.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">December 31,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=Arial,sans-serif style="font-size:7.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">December 31,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Sigma Cipta Caraka (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Sigma&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Tangerang,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Information technology service &#8211; system implementation
  and integration service, outsourcing and software license maintenance/May
  1,1987</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1988</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,860</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,515</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telekomunikasi Indonesia International Pte. Ltd., </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Singapore&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecommunication/December 6, 2007</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2008</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,654</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,058</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Infomedia Nusantara (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Infomedia&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Data and information service &#8211; provides telecommunication
  information services and other information services in the form of print and
  electronic media and call center services/September 22,1999</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1984</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,573</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,354</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Telkom Landmark Tower (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;TLT&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Service for property development and management/February
  1, 2012</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2012</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">55</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">55</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,099</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">828</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telekomunikasi Indonesia International (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;TL&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)
  S.A.,</font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> Timor Leste</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecommunication/September 11, 2012</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2012</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">930</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">832</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Metra Digital Media (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;MD Media&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Directory information</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> services/</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">January 22, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">702</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">723</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Finnet Indonesia (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Finnet&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Jakarta</font></i><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">, </font></i><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Indonesia&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Information Technology services/October 31, 2005</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2006</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">462</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">208</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telekomunikasi Indonesia International Ltd., </font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Hong Kong</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecommunication/December 8, 2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">321</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">242</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telekomunikasi Indonesia Internasional Pty Ltd. </font><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(&#8220;Telkom, Australia&#8221;)
  </font></b><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Australia&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telecomunication/January 9, 2013</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2013</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">251</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">190</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Administrasi Medika (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&#8220;Ad Medika&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">),&nbsp;</font><i><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Health insurance administration services/February 25,
  2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2002</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">75</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">75</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">169</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">136</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">PT Nusantara</font><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;"> Sukses Investasi (</font><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&#8221;NSI&#8221;</font></b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">)&nbsp;</font><i><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">
  Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Trade and service / September 1, 2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">168</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">115</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:3.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160; GENERAL (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Subsidiaries (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii) Indirect subsidiaries:(continued)</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&nbsp;</font></i></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=25% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Nature of business/date of incorporation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Date of start of</font></b></p>
  </td>
 <td valign=bottom width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></b></p>
  </td>
 <td colspan=3 valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Percentage of ownership interest</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Total assets before elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=25% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Subsidiary/place of incorporation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">or acquisition by the Company</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">commercial operations</font></b></p>
  </td>
 <td valign=bottom width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">September </font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">,&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">December 31,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">,&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">December 31,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">PT Graha Yasa Selaras (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&#8220;GYS&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">)&nbsp;</font><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">
  Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Tourism service/April 27, 2012</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">2012</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">51</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">51</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">142</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">88</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">PT Metra Plasa (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&#8220;Metra Plasa&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">), </font><i><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Network &amp; e-commerce services/April 9, 2012</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">2012</font></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">76</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">88</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Telekomunikasi Indonesia International (</font><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&#8220;Telkom
  </font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">USA</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">) Inc.</font><i><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> USA</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Telecommunication/December 11, 2013</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">2014</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">68</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">PT Metra-Net (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&#8220;Metranet&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">),&nbsp;</font><i><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Multimedia portal service/April 17, 2009</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">2009</font></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">49</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">42</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">PT Pojok Celebes Mandiri (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&#8220;PCM&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">) </font><i><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Tour agent/bureau services/August 16, 2013</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">2008</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">51</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">51</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">18</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">13</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">PT Satelit Multimedia Indonesia (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&#8220;SMI&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">) </font><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Satellite services/March 25, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">2013</font></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">10</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">7</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">PT Metra Digital</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;"> Investama</font><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;"> (</font><b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">&#8220;MDI&#8221;</font></b><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">)
  </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">previously PT Metra Media </font><i><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Jakarta,
  Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Trade service, information&amp; technology multimedia,
  entertainment &amp; investment/</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;"> January 8, 2013</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">2013</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">99.</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">PT Metra TV </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">(</font><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&#8220;Metra TV&#8221;</font></b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">) </font><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">Pay TV</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;"> services/January 8, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">2013</font></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.83</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">99.83</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">PT Nusantara Sukses Sarana (</font><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&#8221;NSS&#8221;</font></b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">)&nbsp;</font><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;"> Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">Hotel and building management services etc/</font><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">September
  1, 2014</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">,&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">PT Nusantara Sukses Realti (</font><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&#8221;NSR&#8221;</font></b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">)&nbsp;</font><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;"> Jakarta, Indonesia</font></i></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">Trade and sevice/</font><font color=windowtext face=Arial,sans-serif style="font-size:6.0pt;">September 1,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;"> 2014</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">99.99</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="Times New Roman" lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">15</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_21"></a><a name="_bclPageBorder21"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI
INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160; GENERAL (continued)</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:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Subsidiaries (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Metra&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">On June 5, 2014, based on the Circular Resolution of the
Stockholders&#160; 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 the change of name from PT Metra Media to PT Metra Digital Investama
(&#8220;MDI&#8221;).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">On
December 12, 2014, based on the Circular Resolution of the Stockholders of
Metra as covered by notarial deed No. 24 dated December 12, 2014 of N.M. Dipo
Nusantara</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Pua Upa</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, S.H., M.Kn.,
which has been approved by the MoLHR through its Letter No.
AHU-09792.40.21.2014 dated December 17, 2014, Metra&#8217;s stockholders approved an
increase in its authorized capital to 350,000,000 shares, amounting to Rp3.5
trillion </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">which
was </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">taken </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">proportionately </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">by each of the shareholders and
approved an increase in its issued and paid capital</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> to</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 273,307,349 shares amounting to Rp2.7 trillion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">b</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">)&#160; Sigma</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Sigma has amended its </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Articles of Association</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> several times, the latest amandment of which was
notarized by deed No. 02 dated December 4, 2014 of Utiek Rochmuljati
Abdurachman, SH., MLI., Mkn., regarding the changes in the authorized capital,
stock and the issued and fully paid capital stock. The latest amandment of the
Articles of Association was approved by MoLHR through its Letter No.
AHU-12707.40.20.2014 dated December 11, 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (c)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Dayamitra&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&#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; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Regarding the Conditional Shares Exchange Agreement
(&#8220;CSEA&#8221;) with PT Tower Bersama Infrastructure Tbk. (&#8220;TBI&#8221;), the transaction was
terminated by the Company due to nonfulfillment of the terms stated in the
CSEA.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:54.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160;&#160; GENERAL (continued)</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:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Subsidiaries (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (d)&#160;&#160; Telkom Infratel</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">On January </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">16</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 2014 the Company established a wholly owned subsidiary
under the name PT Telkom Infrastruktur Telekomunikasi Indonesia
which </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">was&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> approved by the MoLHR through its
Decision Letter </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">No.
AHU-0</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3196</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.AH.0</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.0</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.201</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> dated </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">January
23</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
with 100% ownership.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> Telkom Infratel is engaged in
providing construction</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">service and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">trade in the field of
telecommunication</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:31.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:31.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(e)&#160;&#160;&#160; GSD</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">AHU-22722.40.10.2014&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> dated </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">September 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2014, GSD established a
subsidiary, PT Nusantara Sukses Sarana (&#8220;NSS&#8221;) with 99.99% ownership. NSS is
engaged in </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">building and
hotel service</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s
management</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and other
service</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s. As of
th</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e date of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">approval and authorization for
the issuance of the consolidated financial statements, NSS has not commenced
operational activities.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">AHU-2272</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.40.10.2014&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> dated </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">September
1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2014, GSD established a subsidiary,
PT Nusantara Sukses Realti (&#8220;NSR&#8221;) with 99.99% ownership. NSR is engaged in
service and trading. As of th</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e
date of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">approval
and authorization for the issuance of the consolidated financial statements,
NSR has not commenced operational activities.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">AHU-2272</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.40.10.2014&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> dated </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">September
1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2014, GSD established a subsidiary, PT
Nusantara Sukses Investasi (&#8220;NSI&#8221;) with 99.99% ownership. NSI is engaged in
service and trading.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e.&#160;&#160; Authorization for the issuance of
the consolidated financial statements</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The consolidated financial statements were prepared and
approved for issuance
by the Board of
Directors on October 27, 2015.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:11.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The consolidated financial statements of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">he Company and subsidiaries
(collectively referred to as &#8220;the Group&#8221;) ha</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
been prepared in accordance with </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial
Accounting Standards (&#8220;Standar Akuntansi Keuangan&#8221; or &#8220;SAK&#8221;) including </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Indonesian Financial Accounting
Standards </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(&#8220;Pernyataan
Standar Akuntansi Keuangan&#8221; or &#8220;PSAK&#8221;) and Interpretation of Financial
Accounting Standards (&#8220;Interpretasi Standar Akuntansi Keuangan&#8221; or &#8220;ISAK&#8221;) in
Indonesia published by Financial Accounting Standard Board of Indonesian Institute
of Accountants </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">and
Regulation No. VIII.G.7</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the Capital
Market and Financial Institution Supervisory Agency (&#8220;Bapepam-LK&#8221;) regarding
the Presentation and Disclosures of Financial
Statements of Issuers or Public Companies, enclosed in the decision letter KEP-
347/BL/2012</font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">.&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Basis
of preparation of financial statements</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 for
certain accounts, which are measured using the basis mentioned in the relevant
notes herein.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The consolidated statements of cash
flows are prepared using the direct method and present the changes in cash and
cash equivalents from operating, investing and financing activities.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Figures in the consolidated financial
statements are presented and rounded to billions of Indonesian rupiah (&#8220;Rp&#8221;),
unless otherwise stated.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The consolidated financial statements
provide comparative information in respect of the previous period. In addition,
the Group presents an additional statement of financial position at the
beginning of the earliest period presented when there is retrospective
application of an accounting policy, a retrospective statement, or a reclassification
of items in the financial statements. An additional statement of financial
position as of Januari 1, 2014, is presented in these consolidated financial
statements due to the retrospective application of PSAK 24, Employee Benefits
(Revised 2013) and PSAK 50, Financial Instruments: Presentation (Revised 2014)
(Note 2ab).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Changes to PSAKs and ISAKs</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">On January 1, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
the Group adopted new and revised PSAKs, which were effective in 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Changes to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he
Group&#8217;s accounting policies have been made as required in accordance with the
transitional provisions in the respective standards and interpretations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;vertical-align:baseline;"><font color=windowtext face=symbol lang=IN style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 1
(2013)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, &#8220;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Presentation of Financial
Statements</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The revised standard requires the entity to change the
title of the &#8220;Statement of Comprehensive Income&#8221; to the &#8220;Statement of Profit or
Loss and Other Comprehensive Income&#8221;. Furthermore, the entity is required to
present the other comprehensive income based on the following categories:</font></p>

<p style="margin-bottom:0in;margin-left:85.05pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-85.05pt;"><font color=windowtext 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Items that
will never be reclassified to profit or loss</font></p>

<p style="margin-bottom:0in;margin-left:85.05pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-85.05pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ii.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Items that can
be reclassified subsequently to profit or loss when certain conditions are met.
</font></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font color=windowtext face="arial bold italic" lang=EN-US style="font-size:6.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Basis
of preparation of financial statements (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Effective beginning on or after January 1, 2015
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;vertical-align:baseline;"><font color=windowtext face=symbol lang=IN style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 24
(2013)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, &#8220;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Employee Benefits</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The revised standard,
changes, among other things, the accounting for defined benefit plans. Some of
the key changes that impacted the Group include the following:</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Recognition
of actuarial gain (losses) directly to other comprehensive income.</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">All
past service costs are recognized at the earlier of when the
amendment/curtailment occurs or when the related restructuring or termination
costs are recognized. As a result, unvested past service costs can no longer be
deffered and recognized over the future vesting period.</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The
interest cost and expected return on plan assets used in the previous version
of PSAK 24 are replaced with a net interest amount, which is calculated by
applying the discount rate to the net defined benefit liability or asset at the
start of each annual reporting period.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;vertical-align:baseline;"><font color=windowtext face=symbol lang=IN style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 50
(2014), &#8220;Financial Instrument: Presentation&#8221;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The revised standard clarifies additional criterias to
have</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> a legally
enforceable right to offset the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">amount
of financial assets and liabilities, as follows:</font></p>

<p style="margin-bottom:0in;margin-left:94.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The right of set-off
must not be contingent on a future event; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">and&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:94.5pt;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ii.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">M</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ust be legally enforceable in all of
the following circumstances:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:112.5pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the normal course
of business;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:112.5pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the event of
default; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:112.5pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the event of
insolvency or bankruptcy of the Group and all of the counterparties.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;vertical-align:baseline;"><font color=windowtext face=symbol lang=IN style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 67</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, &#8220;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Disclosure of Interest in Other
Entities</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The revised standard requires, for each joint venture and
the associates that is material to the reporting entity, the reporting entity
shall disclose the financial summary of the joint venture and associate. The
financial summary represents the amount presented in the financial statements
of those joint venture or associate using the equity method:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.25in;text-align:justify;text-indent:-1.25in;vertical-align:baseline;"><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For each
of subsidiaries that have non-controlling interests that are material to the
reporting entity, reporting entity discloses the name of the subsidiary, the
principle place of business, the proportion of ownership interest held by
non-controlling interests, the proportion of voting rights held by
non-controlling interests, the profit or loss allocated to non-controlling
interests, accumulated non-controlling interests, and summarised financial
information about the subsidiary.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.25in;text-align:justify;text-indent:-1.25in;vertical-align:baseline;"><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ii.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The entity
shall provide a reconciliation of the summarized financial information
presented to the carrying amount of its interest in the joint venture or associate.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:40.5pt;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The
application of standards</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">new/revised
interpretations
and revocation of
the following standards have no significant implicatian to consolidated
financial statements</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PSAK
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4
(2013)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&#8220;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Separate
Financial Statements</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK
15 (2013)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&#8220;&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Investments
in Associates and Joint Ventures&#8221;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PSAK
46 (2014),</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
&#8220;Income Tax&#8221;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PSAK
48 (2014),&#8221;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
Asset Impairment</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PSAK
55 (2014),&#8221;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
Financial Instrument: Measurement and Recognition</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PSAK
60 (2014),&#8221;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
Financial Instrument: Disclosure</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK
65</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&#8220;&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Consolidated
Financial Statements</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK
66</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&#8220;&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Joint
Arrangements</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK
68</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&#8220;&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Fair Value
Measurement</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ISAK
26 (2014),&#8221;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
Revaluation of Embedded Derivatives</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font></p>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI
INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Basis
of preparation of financial statements (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=#222222 face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Circular Letter of The
Financial Services Authority (&quot;FSA&quot;)</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=#222222 face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">On September 1, 2015,
The FSA published the Financial Services Authority Circular Letter No.
27/SEOJK.04/2015 on &quot;Accounting Treatment of Leased Telecommunication
Tower Assets&quot;. FSA Circular Letter stated that the leased
telecommunications tower assets of the issuers or public company and/or its
subsidiaries shall be recognized as an Investment Property. This FSA Circular
Letter effective for financial statements covering period ending on or after
December 31, 2015. Upon this, The Group is currently assessing the impact of
this FSA Circular Letter to the consolidated financial statements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; Principles
of consolidation</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Intercompany balances and transactions
have been eliminated in the consolidated financial statements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.5pt;text-align:justify;text-indent:13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In case of loss of control
over a subsidiary, the Group:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.05pt;text-align:justify;text-indent:-11.25pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:49.05pt;text-align:justify;text-indent:-11.25pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">derecognizes the
carrying amounts of any non-controlling interests of its former subsidiary on
the date when it loses control;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.05pt;text-align:justify;text-indent:-11.25pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:49.05pt;text-align:justify;text-indent:-11.25pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:49.05pt;text-align:justify;text-indent:-11.25pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">recognizes any
surplus or deficit in profit or loss that is attributable to the Group.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">20</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</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%">

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Transactions
with related parties</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">The Group has
transactions with related parties. The definition of related parties used is in
accordance with the Bapepam-LK&#8217;s Regulation No. VIII.G.7 regarding the
Presentations and Disclosures of Financial Statements of Issuers or Public
companies, enclosed in the decision letter No. KEP-347/BL/2012. The part</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">y&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">
which </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">is&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">
considered as a related party </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">is&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;"> a person or entity
that is related to the entity that is preparing its financial statements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Under the Regulation of Bapepam-LK No. VIII.G.7
regarding the Presentations and Disclosures of Financial Statements of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Issuers or Public companies</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, enclosed in the decision letter
No.KEP-347/BL/2012, a government-related entity is an entity that is
controlled, jointly controlled or significantly influenced by a government.
Government in this context is the Minister of Finance or the Local Government,
as the shareholder of the entity. Formerly, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he
Group in its disclosure applied the definition of related party used based on
PSAK 7 &#8220;Related Party&#8221;. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he 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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Business combinations</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.0pt;text-align:justify;text-indent:-24.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 net assets acquired is
in excess of the aggregate consideration transferred, the Group re-assess
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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">gain is recognized in
profit and loss.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">21</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&#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; &nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2. SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Business
combinations (continued)</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In a business combination achieved in
stages, the acquirer remeasures its previously held equity interest in the acquiree
at its acquisition-date fair value and recognizes the resulting gain or loss,
if any, in profit or loss.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
&nbsp;</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Based
on PSAK 38 (Revised 2012), &#8220;Common Control Business Combination&#8221;, the transfer
of assets, liabilities, shares or other ownership instruments among the
companies under common control would not result in a gain or loss. Since the
restructuring transaction between entities under common control does not result
in a change of the economic substance of the ownership of assets, liabilities,
shares or other instruments of ownership, which are exchanged, assets or
liabilities transferred are recorded at book value using the
pooling-of-interests method. In applying the pooling-of-interests method, the
components of the financial statements for the period during which the
restructuring occurred must be presented in such a manner as if the
restructuring has occurred since the beginning of the earliest period
presented. The excess of consideration paid or received over the carrying value
of interest acquired, net of income tax, is directly recognized to equity and
presented as &#8220;Additional Paid-in Capital&#8221; under the equity section of the
consolidated statement of financial position.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">At
the initial application of PSAK 38 (Revised 2012), all
balances of the Difference In Value of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">r</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">estructuring
Transactions of Entities under Common Control was reclassified to &#8220;Additional
Paid-in Capital&#8221; in the consolidated statement of financial position.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e.&#160;&#160; Cash and cash
equivalents</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Cash and cash equivalents comprises
cash on hand and in banks and all unrestricted time deposits with an original
maturity of three months or less at the time of placement. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Time deposits with maturities of more
than three months but not more than one year are presented as </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">part of &#8220;O</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ther </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">C</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">urrent
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">F</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">inancial </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">A</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ssets&#8221;&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> in the consolidated statement
of financial position</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">22</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&#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; &nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">f.&#160;&#160;&#160; Investments in
associated companies</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; The
Group&#8217;s investments in its associates are accounted for using the equity
method. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">These
assets are included in &#8220;Long-term Investments&#8221; in the consolidated statements
of financial position.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
functional currency of 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;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">translation adjustment</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221; in the equity section of the consolidated statements of
financial position.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">g.&#160;&#160; Trade
and other receivables</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">h.&#160;&#160; Inventories</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 boxes, wireless broadband modems, and blank prepaid
vouchers, which are expensed upon sale. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The costs of inventories comprise of
the purchase price, import duties, other taxes, transport, handling, and other
costs directly attributable to their acquisition. Inventories are 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Cost is determined using the weighted
average method.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The amounts of any write-down of
inventories below cost to net realizable value and all losses of inventories
are recognized as 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Provision
for obsolescence is primarily based on the estimated forecast of future usage
of these items.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.&#160;&#160;&#160; Prepaid
expenses</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Prepaid expenses are amortized over
their future beneficial periods using the straight-line method.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">j.&#160;&#160;&#160; Assets held for
sale</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Assets that meet the criteria to be
classified as held for sale are reclassified from property and equipment and
depreciation on such assets is ceased</font><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:66.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">k.&#160;&#160; Intangible assets</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Intangible assets </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">mainly </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Intangible assets are stated at cost
less accumulated amortization and impairment</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, if any</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. 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;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Intangible assets are amortized using
the straight-line method, based on the estimated useful lives of the assets as
follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><u><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">Years</font></u></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">Software</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">3-6</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">License</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">3-20</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">Other
  intangible assets</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">1-30</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:94%;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">tatement
of profit or loss and other comprehensive income. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">l.&#160;&#160;&#160; Property and
equipment</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Property
and equipment directly acquired are stated at cost less
accumulated depreciation and impairment losses.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Property and equipment, except
landrights, are depreciated using the straight-line method based on the
estimated useful lives of the assets as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><u><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Years</font></u></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Buildings</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">15-40</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Leasehold
  improvements</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">2-15</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Switching
  equipment</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">3-15</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Telegraph,
  telex and data communication equipment</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">5-15</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">3-25</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Satellite,
  earth station and equipment</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">3-20</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Cable
  network</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">5-25</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Power
  supply</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">3-20</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Data
  processing equipment</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">3-20</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Other
  telecommunications peripherals</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">5</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Office
  equipment</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">2-5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Vehicles</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">4-8</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">Asset
  Customer Premise Equipment (&#8220;CPE&#8221;)</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">10</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:93%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Other equipment</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2-5</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Significant expenditures related to leasehold
improvements are capitalized and depreciated over the lease term.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> &nbsp;</font></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</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%">

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





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">l.&#160;&#160;&#160; Property and
equipment</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The depreciation method, useful life
and residual value of an asset are reviewed at least at each financial year end
and adjusted, if appropriate. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The
residual value of an asset is the estimate</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> amount that t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he Group</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> would currently obtain from disposal
of the asset, after deducting the estimated costs of disposal, if the asset is
already of the age and in the condition expected at the end of its useful life.
</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 value unless (i) the exchange
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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">When assets are retired or otherwise
disposed of, their cost and the related accumulated depreciation are
derecognized from the consolidated statement of financial position and the
resulting gains or losses on the disposal or sale of the property and equipment
are recognized in the consolidated </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">tatement
of profit or loss and other comprehensive income.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Certain computer hardware can not be
used without the availability of certain computer software. In such
circumstance, the computer software is recorded as part of the computer
hardware. If the computer software is independent from its computer hardware,
it is recorded as part of intangible assets.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The cost of maintenance and repairs is
charged to the consolidated </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">tatement of profit or loss and other
comprehensive income as incurred. Significant renewals and betterments are
capitalized.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Property under construction is stated
at cost until 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">m.&#160; Leases
</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> of the contract. 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Assets
and liabilities under a finance lease are recognized in the consolidated
statement 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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">are&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
added to the amount recognized as assets.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">26</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</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%">

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">m.&#160; Leases
</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(continued)&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he Group will obtain ownership by the
end of the lease term, the leased assets are fully depreciated over the shorter
of the lease term and their economic useful lives.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">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 align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">n.&#160;&#160; Deferred charges -
land rights</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:45.0pt;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">C</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">osts
incurred to process the initial legal land rights are recognized as part of the
property and equipment and are not amortized</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Costs incurred to process the extension or renewal of
legal land rights are deferred and amortized over the shorter of the</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> legal</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> term of the land rights or the
economic life of the land.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">o.&#160;&#160; Trade payables</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Trade payables are obligations to pay
for goods or services that have been acquired </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">from suppliers </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Trade payables are recognized
initially at fair value and subsequently measured at amortized cost using the
effective interest rate method.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">p.&#160;&#160; Borrowings</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Borrowings are recognized initially at
fair value, net of transaction costs incurred. Borrowings are subsequently
carried at amortized cost; any difference between the proceeds (net of
transaction costs) and the redemption value is recognized in the consolidated </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">tatement of profit or loss and other
comprehensive income over the period of the borrowings using the effective
interest method.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Fees paid on obtaining loan facilities
are recognized as transaction costs of the loan to the extent that it is
probable that some or all of the facilities will be draw</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">n down</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. 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 facilities will be drawn down, the fee is capitalized as a pre-payment
for liquidity services and amortized over the period of the facilities to which
it relates.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">q.&#160;&#160; Foreign
currency translations</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The functional currency and the
recording currency of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he Group are both the Indonesian
rupiah, except for the functional currency of Telekomunikasi Indonesia
International Pte. Ltd., Hong Kong, Telekomunikasi Indonesia International
Pte., Singapore, and Telekomunikasi Indonesia International S.A., Timor Leste
whose accounting records </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">are
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">maintained in U.S. dollars</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and Telekomunikasi Indonesia
International, Pty.Ltd., Australia whose accounting records is maintained in
Australian dollars</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Transactions in foreign currencies
are translated into Indonesian rupiah at the rates of exchange prevailing at
transaction date. At the consolidated statement of financial position date,
monetary assets and liabilities denominated
in foreign currencies are translated into Indonesian rupiah based on the buy
and sell rates quoted by Reuters prevailing at the consolidated statement of
financial position date, as follows:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:4.0pt;line-height:97%;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=32% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;"> 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=32% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">December 31, </font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">Buy</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">Sell</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">Buy</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">Sell</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">U.S</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">.&nbsp;</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;"> dollar (&#8220;US$&#8221;) 1</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">14,645</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">14,655</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">12,380</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">12,390</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">Australian dollar</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;"> (&#8220;AU$&#8221;) 1</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">10,301</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">10,311</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">10,143</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">10,155</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">Euro 1</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">16,439</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">16,453</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">15,044</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">15,059</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;line-height:97%;">Yen 1</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">121.80</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">121.89</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">103.53</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">103.64</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">The resulting foreign exchange gains
or losses, realized and unrealized, are credited or charged to the consolidated
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">tatement of profit or loss and other
comprehensive income of the current year, except for foreign exchange
differences incurred on borrowings during the construction of qualifying assets
which are capitalized to the extent that the borrowings can be attributed to
the construction of those qualifying assets (Note 2l).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">r.&#160;&#160;&#160; Revenue and
expense recognition</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:97%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">i.&#160;&#160;&#160; Fixed
line telephone revenues</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.5pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">R</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">evenue</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">s from fixed line installations </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">including incremental costs, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">are deferred and recognized as revenue
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">and costs on the
straight-line basis</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;"> over
the expected term of the customer relationships. Based on reviews of historical
information and customer trends, the Company determined the expected term of
the customer relationships in 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;"> and 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">4&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">
to be 18 years. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">Starting
2015, revenues from fixed line installation are not deffered, directly
recognized to profit or loss when received, since its value is not significant.
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;line-height:97%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">ii.&#160;&#160;&#160; Cellular
and fixed wireless telephone revenues </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">Revenues from postpaid
service, which consist of usage and monthly charges, are recognized as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;line-height:97%;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:97%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">Airtime and
charges for value added services are recognized based on usage by subscribers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;line-height:97%;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:97%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">Monthly
subscription charges are recognized as revenues when incurred by subscribers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">Revenues from prepaid
service, which consist of the sale of starter packs (also known as SIM cards in
the case of cellular </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">or&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;"> RUIM </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">cards </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">in the case of fixed wireless telephone and start-up load
vouchers) and pulse reload vouchers</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;"> (either bundled in starter packs or sold as separate
items)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">, are recognized
initially as unearned income and recognized proportionately as 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>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">r.&#160;&#160;&#160; Revenue and
expense recognition</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iii.&#160;&#160; Interconnection revenues </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">R</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">evenues
from network interconnection with other domestic and international
telecommunications carriers are recognized monthly on the basis of the actual
recorded traffic for the month. Interconnection revenues consist of revenues
derived from other operators&#8217; subscriber calls to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he
Group&#8217;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">subscribers (incoming) and calls
between subscribers of other operators through </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he
Group&#8217;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> network (transit). </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iv.&#160;&#160; Data, internet and
information technology service revenues </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Revenues from data communication
and internet are recognized based on service activity and performance which are
measured by the duration of internet usage or based on the fixed amount of
charges depending on the arrangements with customers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Revenue from computer
software development service is recognized using the percentage-of-completion
method.</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">v.&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Network revenues</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Revenues from network
consist of revenues from leased lines and satellite transponder leases which
are recognized over the period in which the services are rendered.</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">vi.&#160;&#160; Other telecommunications
service revenues</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Revenues
from other telecommunications services consist of Revenue-Sharing Arrangements
(&#8220;RSA&#8221;) and sales of other telecommunication services or goods. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 statement</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> of financial position. 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="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Universal Service
Obligation (&#8220;USO&#8221;) compensation from construction activities is recognized on </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">a </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">stage</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">of</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">completion basis.
Revenues from operating and maintenance activities in respect of assets under
the concession are recognized when the services are rendered.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In concession
contract</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> under USO, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he Group recognize</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:97%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">r.&#160;&#160;&#160; Revenue and
expense recognition</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">
(continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">vii.&#160; Multiple-element arrangements</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Where
two or more revenue-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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">viii. Agency relationship</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Revenues from an agency relationship
are recorded based on the gross amount billed to the customers when </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he Group act</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
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) </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">when,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> in substance, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he
Group </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">has </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">act</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ed&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> as agents and earned commission from the suppliers of
the goods and services
sold.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:41.4pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-5.4pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">ix.&#160;&#160; Customer loyalty programme</font></p>

<p style="margin-bottom:.0001pt;margin-left:41.4pt;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:normal;text-autospace:ideograph-numeric;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">The
Group operates a loyalty programme, which allows customers to accumulate points
for every certain multiple of the monthly usage for postpaid service or reload
vouchers for prepaid services. The points will be accumulated during a certain
period and can be rede</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">e</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">med in the
future for free or discounted products, provided other qualifying conditions
are achieved.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:normal;text-autospace:ideograph-numeric;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">.&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;"> Fair value of the points issued is deferred
and recognized as revenue when the points are redeemed or expired.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;line-height:normal;text-autospace:ideograph-numeric;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:41.4pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-5.4pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">x.&#160;&#160; Expenses</font></p>

<p style="margin-bottom:.0001pt;margin-left:41.4pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-5.4pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;line-height:normal;text-autospace:ideograph-numeric;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">Expenses
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">are
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">recognized
as </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">they
are </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-numeric;">incurred.&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:left;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s.&#160;&#160; Employee
benefits</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160; Short-term
employee benefits</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:53.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160; Post-employment benefit plans and
other long-term employee benefits </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:left;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s.&#160;&#160; Employee
benefits (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160; Post-employment benefit plans and
other long-term employee benefits (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
net obligations in respect of the defined pension benefit plans and
post-retirement health 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">P</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ast
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">service costs are
recogni</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">z</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ed immediately in</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> profit or loss on the earlier of: </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:67.5pt;text-align:justify;text-indent:-13.35pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">The date of plan amendment or
curtailment; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:67.5pt;text-align:justify;text-indent:-13.35pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">The date that the Group recognized
restructuring-related costs</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">Net interest is calculated
by applying the discount rate to the net defined benefit liability or assets.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iii</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160; Share-based payments </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:left;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s.&#160;&#160; Employee
benefits</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iv.&#160;&#160; Early retirement benefits</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=black face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Early retirement benefits are accrued at the time the Company </font><font color=black face=arial,sans-serif lang=IN style="font-size:10.0pt;">and subsidiaries </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">makes a commitment to
provide early retirement benefits as a result of an offer made in order to
encourage voluntary redundancy. A commitment to a termination arises when, and
only when a detailed formal plan for the early retirement cannot be withdrawn.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></i></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">t.&#160;&#160;&#160; Income tax</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Current and deferred </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">income </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">tax</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">es are </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">recognized as income or an expense and
included in</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> the</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> consolidated statement of
profit or loss and other comprehensive income, except to the extent that the
tax arises from a transaction or event which is recognized directly in equity, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">in which case, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the tax </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">is&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
recognized directly </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">in&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> equity</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Current
tax assets and liabilities are measured at the amounts 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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 profit will be available to allow the benefit
of part or all of that deferred tax asset to be utilized.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><i><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:1.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Deferred tax assets and liabilities
are offset in the consolidated statement 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Amendment
to tax obligation is recorded when an </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">assessment letter (&#8220;Surat Ketetapan Pajak&#8221; or &#8220;SKP&#8221;)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is received or if appealed against,
when the results of the appeal are determined. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The additional tax</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">es&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and penalty imposed through </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">an SKP are </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">recogni</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">z</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ed
in the current </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">year profit
or loss</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, unless </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">objection/appeal </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">is </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">taken</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.
The </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">additional </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">tax</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">es&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and penalty imposed through </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">SKP are deferred as long as </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">they </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">meet the asset recognition criteria. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">u.&#160;&#160; Financial
instruments </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group classifies financial
instruments into financial assets and financial liabilities. 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 rate method in accordance with their
classification.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:left;text-indent:-.25in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial assets </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group classifies </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">its&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">32</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">u.&#160;&#160; Financial
instruments </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(continued)&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:left;text-indent:-.25in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial assets </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(continued)&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Purchases or sales of financial assets
that require delivery of assets within a time frame established by regulation
or convention in the market
place (regular way
trades) are recognized on the trade date, i.e., the date that the Group commit
to purchase or sell the assets.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group&#8217;s financial assets include
cash and cash equivalents, other current financial assets, trade receivables
and other receivables and other non-current financial
assets.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial assets
at fair value through profit or loss</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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. Gains or
losses arising from changes in fair value of the trading securities are
presented as other (expenses)/income in consolidated </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">tatement</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> of profit or loss and other comprehensive
income in the period in which they arise.
Financial asset measured
at fair value through profit loss consists of derivative asset-put option which
is recognized as part of &#8220;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">O</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ther </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">C</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">urrent
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">F</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">inancial </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">A</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ssets&#8221;&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> in the consolidated statement
of financial position</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Loans and
receivables</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Loans and receivables consist of,
among other things, cash and cash equivalents, other current financial assets </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(time deposits and escrow
account), </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">trade
receivables, other receivables, and other non-current assets</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (long-term trade receivables
and restricted cash)</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Held-to-maturity
financial assets</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Held-to-maturity investments are
non-derivative financial assets with fixed or determinable payments and fixed
maturities that management has the positive intention and ability to hold to
maturity, other than:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.25in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">those that the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> upon initial recognition designates
as assets at fair value through profit or loss;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.25in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">those that the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> designates as available for sale; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.25in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">those that meet
the definition of loans and receivables.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">No financial assets were classified as
held-to-maturity financial assets as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and
December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Available-for-sale
financial assets</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:3.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Available-for-sale investments are
non-derivative financial assets that are intended to be held for indefinite
period of time, which may be sold in response to needs for liquidity or changes
in interest rates, exchange rates or that are not classified as loans and
receivables, held-to-maturity investments or financial assets at fair value
through profit or loss. Available-for-sale financial assets consist of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">mutual funds, and corporate
and government bonds, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">which
are recorded as </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">part
of &#8220;O</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ther </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">C</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">urrent </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">F</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">inancial
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">A</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">sset&#8221;&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> in the consolidated statements of
financial position.</font></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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</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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:3.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">u.&#160;&#160; Financial instruments
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:54.6pt;text-align:left;text-indent:-18.6pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial assets
(continued)</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:54.6pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Available-for-sale
financial assets</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Available-for-sale securities are
stated at fair value. Unrealized holding gains or losses on available-for-sale
securities are excluded from income of the current period and are reported as a
separate component in the equity section of the consolidated statements of
financial position until realized. Realized gains or losses from the sale of
available-for-sale securities are recognized in the consolidated statements of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">profit or loss and other </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">comprehensive income, and are
determined on the specific identification basis. </font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ii.&#160;&#160;&#160; Financial
liabilities </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group classifies their financial
liabilities as (i) financial liabilities at fair value through profit or loss
or (ii) financial liabilities measured at amortized cost.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&#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; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group&#8217;s financial liabilities
include trade payables</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> other payables, accrued expenses,
loans and other borrowings</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,
and other liabilities. Loans and other borrowings </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">consist of short-term bank loans, two
step loans, bonds and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">long-term
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">notes, and bank loans</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">obligations under capital lease.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial
liabilities at fair value through profit or loss</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 them in the
near term and for which there is evidence of a recent actual pattern of
short-term profit taking. </font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">No financial liabilities were
categorized as held for trading as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial
liabilities measured at amortized cost</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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. Financial liabilities measured at
amortized cost are trade </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">payables, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">other payables, accrued expenses,
loans</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and other
borrowing, and other liabilities. Loans and other borrowings consist of
short-term bank loans, two-step loans, bonds and notes, long-term bank loans
and obligation under finance leases.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iii.&#160;&#160; Offsetting
financial instruments</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:55.3pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Financial assets and liabilities are
offset and the net amount is reported in the consolidated statement of
financial position when there is a legally enforceable right to offset the
recognized amounts and there is an intention to settle 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="margin:0in;margin-bottom:.0001pt;margin-left:55.3pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:78.3pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the normal course
of business;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:78.3pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the event of
default; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:78.3pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the event of
insolvency or bankruptcy of the Group and all of the counterparties.</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk &#160; AND ITS
SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">, 2015 and for the Nine Months Period Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">(Figures in tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">u.&#160;&#160; Financial
instruments (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:2.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iv.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Fair value of financial instruments</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:.55pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Fair value is the amount
for which an asset could be exchanged, or liability settled, in an arms&#8217; length
transaction. 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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">An analysis of fair values of
financial instruments and further details as to how they are measured are
provided in Note 4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">v.&#160;&#160; Impairment of financial assets</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 asset.
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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For financial assets carried at amorti</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">z</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">z</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ed are not included in </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> collective assessment of impairment.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">z</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ed in profit or loss.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">available-for-sale </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">vi.&#160;&#160; Derecognition of financial
instrument</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group derecognize</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> a financial asset when the
contractual rights to the cash flows from the financial asset expire, or when </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he Group transfer</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
substantially all the risks and rewards of ownership of the financial asset. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group derecognize</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> a financial liability when the
obligation specified in the contract is discharged or cancelled or expired.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">35</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">v.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Treasury stock</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 employees ownership program is
accounted for at its fair value</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
at grand date</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. The
difference between the cost and the proceeds from the sale/transfer value of
treasury stock is credited to &#8220;Additional Paid-in Capital&#8221;.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">w.&#160;&#160; Dividends</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Dividend </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 as a liability
based on the Board of Directors&#8217; decision </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">supported by the</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> approval from the Board of
Commissioners.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">x.&#160;&#160; Basic earnings per
share and earnings per ADS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 basic earnings per share by
200, the number of shares represented by each ADS.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Company does not have potentially
dilutive financial investments.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">y.&#160;&#160; Segment
information</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group's segment information is
presented based upon identified operating segments. An operating segment is a
component of an entity: a) 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'</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
chief operating decision maker i.e., </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">z.&#160;&#160; Provision</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; Provision is
recognized when the Group have a present obligation (legal or constructive) as
a result of a past event, it is probable that an outflow of resources embodying
economic benefits will be required to settle the obligation, and a reliable
estimate can be made of the obligation.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">aa.&#160; Impairment of
non-financial assets</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">aa.&#160; Impairment of
non-financial assets</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Impairment losses of continuing
operations are recognized </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">in&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> profit or loss under &#8220;Depreciation
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">A</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">mortization&#8221; in the consolidated </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">tatement of profit or loss and other
comprehensive income.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
other than goodwill</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
other than goodwill</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">b</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Changes in accounting policies and
disclosures</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;text-decoration:none;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Implementation of Offsetting Financial
Assets and Financial Liabilities (</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 50</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">) &nbsp;</font></u></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group applied </font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Offsetting
Financial Assets and Financial Liabilities (</font></i><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 50)</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=eyinterstate-lightbold,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">These amendments clarify, among others
things, that the right to set off 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="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
Group re-assessed&nbsp;its contracts that include an enforceable right to set
off in the normal course of business and the prevailing laws and regulations,
and concluded that the right to set off 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>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">b</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Changes in accounting policies and
disclosures</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Implementation of Offsetting Financial
Assets and Financial Liabilities (</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 50</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">) </font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(continued)&nbsp;</font></u></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.5in;width:92.48%;">
 <tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated
  statement of financial position as of January 1, 2014</font></i></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Trade receivables</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Related
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">900</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">203</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,103</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Third
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5,126</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">394</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5,520</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Trade payables</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Related
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">826</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">203</font></p>
  </td>
 <td valign=top width=3% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,029</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Third
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">10,774</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">394</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">11,168</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</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>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:92.48%;">
 <tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:justify;text-indent:-.15in;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated
  statement of financial position as of December 31, 2014</font></i></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Trade receivables</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Related
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">746</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">127</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">873</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Third
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5,719</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">405</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">6,124</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Trade payables</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Related
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">770</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">127</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">897</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Third
  parties</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">11,060</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">405</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">11,465</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:36.9pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:36.9pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The implementation of </font><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 50 (2014)</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, did not have impact on the
consolidated statements of</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
profit or loss and other </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">comprehensive
income, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">consolidated
statement of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">changes in
equity and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">consolidated
statement of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">cash flows. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Implementation of PSAK 24</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&nbsp;</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Employee Benefit</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s&nbsp;</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Revised&nbsp;</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 2013)</font></u></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The Group applied PSAK 24 (Revised
2013) retrospectively at the current period in accordance with the requirements
of the revised standard. Therefore, the statement of the financial position as
at the beginning of the earliest comparative period (January 1, 2014) and the
related comparative items have been restated.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
a result of the changes, the comparative figures in the consolidated financial
statements have been restated as follows</font><font color=windowtext face=arial,sans-serif lang=EN-US style="background:white;font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated
  statement of financial position as of January 1, 2014</font></i></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Prepaid pension benefit
  costs</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">927</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">949</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Deferred tax assets &#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">82</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">67</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Deferred tax payable &#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,004</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(96</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,908</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Post-retirement health care benefit costs provisions</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">752</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">241</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">993</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Pension and other
  post-retirement benefits</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,795</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">470</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,265</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">38</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</font></b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> </font><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(continued)&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">b</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Changes in accounting policies and
disclosures (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Implementation of PSAK 24</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,&nbsp;</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Employee Benefit</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s&nbsp;</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Revised&nbsp;</font></u></i><i><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 2013) (continued)</font></u></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated statement of financial
  position as of Januari 1, 2014 (continued)</font></i></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Retained earnings</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Unappropriated</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">43,291</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(658</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">42,633</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Net equity attributable to
  owners of</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The parent company &#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">60,542</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(658</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">59,884</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Non-controlling
  interests</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">16,882</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">50</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">16,932</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></i></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated
  statement of financial position as of December 31, 2014</font></i></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Prepaid
  pension benefit costs</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">771</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">399</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,170</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Deferred
  tax assets &#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">95</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Deferred
  tax payable &#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,743</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(40</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,703</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Post-retirement
  health care benefit costs provisions</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">602</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(161</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">441</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Pension
  and other post-retirement benefits</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,092</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">582</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,674</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Retained
  earnings</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Unappropriated</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">47,986</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">47,995</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Net
  equity attributable to owners of</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The
  parent company &#8211; net</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">67,807</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">67,816</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Non-controlling
  interests</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">18,318</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">18,323</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<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>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:justify;text-indent:-.15in;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated
  statement of comprehensive income for the six months period ended September
  30, 2014</font></i></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Personnel expenses</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">7,215&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">183&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">(7,398</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Operating </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">p</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">rofit&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">22,132</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">183&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">21,949</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Profit before income tax</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">21</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,715&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">183&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">21,532</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">I</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ncome </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ax
  </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">benefit - deferred</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">74</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Income </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ax </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">e</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">xpense
  - net</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">35&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">(5,431</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Profit </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">f</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">or </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">he
  </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">y</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ear&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">280&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">(179</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">16,101</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">Profit
  for the year attributable to</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">O</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">wners of the parent company</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">11</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">,4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">46&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">(178</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;layout-grid-mode:char;">11,268</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">Non-controlling interests</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">834&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">4,833</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">Net
  comprehensive income for the</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">
  y</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">ear
  attributable to</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">O</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">wners of the parent company</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">11</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">434&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">(178</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;layout-grid-mode:char;">11,256</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">Non-controlling interests</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">834&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;layout-grid-mode:char;">4,833</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">Basic
  </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">a</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">nd </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">d</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">iluted
  </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">e</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">arnings </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">p</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">er&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;"> s</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">hare
  (</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">i</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">n full amount)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">Net </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">i</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">ncome per share</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">117</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">.</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">36&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;layout-grid-mode:char;">115.53</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">Net income per ADS</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">23</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">471</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">.</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">7</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">5&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">(366</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;layout-grid-mode:char;">23,105</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">.</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;layout-grid-mode:char;">79&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;layout-grid-mode:char;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">b</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Changes in accounting policies and
disclosures</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PSAK 24 (Revised 2013) also requires
more extensive disclosures. These have been provided in Note 34.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-16.4pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The implementation of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PSAK 24</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, </font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Employee Benefits</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> (Revised 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">),
have </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">no </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">impact on the consolidated statements
of cash flows.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The overall impact of the
implementation of those revised standards in the consolidated financial
statements are as follows:</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif 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:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;vertical-align:baseline;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;vertical-align:baseline;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;vertical-align:baseline;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;vertical-align:baseline;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated
  statement of financial position as of January 1, 2014</font></i></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total current assets</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">33,075</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">597</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">33,672</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total non current assets</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">94,876</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">94,883</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total assets</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">127,951</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">604</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">128,555</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total current liabilities</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">28,437</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">597</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">29,034</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total non current liabilities</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">22,090</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">615</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">22,705</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total liabilities</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">50,527</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,212</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">51,739</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total equity</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">77,424</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(608</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">76,816</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total liabilities</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">
  and equity</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">127,951</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">604</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">128,555</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:22.0pt;text-align:left;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Before restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">Restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">After restatement</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><i><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated statement of financial
  position as of December 31, 2014</font></i></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total current assets</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">33,762</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">532</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">34,294</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total non current assets</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">107,133</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">395</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">107,528</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total assets</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">140,895</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">927</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">141,822</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total current liabilities</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">31,786</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">532</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">32,318</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total non current liabilities</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">22,984</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">381</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">23,365</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total liabilities</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">54,770</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">913</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">55,683</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total equity</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">86,125</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">14</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">86,139</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total liabilities</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> and equity</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">140,895</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">927</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">141,822</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">40</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk &#160; AND ITS
SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">, 2015 and for the Nine Months Period Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">(Figures in tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">upiah, unless otherwise stated)</font></b></p>

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<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

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<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2. </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</font></b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> </font><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(continued)&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">c</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; Critical accounting estimates and
judgements</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Estimates and judgements 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group make estimates and
assumptions concerning the future. The resulting accounting estimates will, by
definition, seldom equal the related actual results. The estimates and
assumptions that have a significant risk of causing a material adjustment to
the carrying amounts of assets and liabilities within the next financial year
are addressed below.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.&#160;&#160;&#160; Retirement
benefits</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The present value of the retirement
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 these assumptions will impact the carrying amount of retirement
benefit obligations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">G</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">overnment 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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">If there is an improvement in the
ratings of such </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">G</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">overnment 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><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Other key assumptions for retirement
benefit obligations are based in part on current market conditions. Additional
information is disclosed in Notes 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ii.&#160;&#160; Useful lives of
property and equipment </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">The Group estimate the
useful lives of their 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="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">The Group review estimates of
useful lives at least each financial year end and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">such
estimates </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">are updated if expectations differ from previous
estimates due to physical wear and tear, technical or commercial obsolescence
and legal or other limitations on the use of the assets. The amounts 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&#160; property and
equipment is a change in accounting estimates and is applied prospectively in
profit or loss in the period of the change and future periods.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;line-height:97%;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">Details of the nature
and carrying amount of property and equipment are disclosed in Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:97%;">0</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:97%;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iii.&#160; Provision for
impairment of receivables</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group assess</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">es&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> whether there is objective evidence that trade
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</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> are </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">adjusted periodically to reflect the
actual and anticipated experience. Details of the nature and carrying amount of
provision for impairment of receivables are disclosed in Note 6.</font></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

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<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">c</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; Critical </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ccounting </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">e</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">stimates and </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">j</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">udgments (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iv.&#160; Income taxes</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Significant judgement 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 amount of income tax are disclosed in Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">vi.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Impairment of non-financial assets</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group annually assess</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">es&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> whether goodwill is impaired. Other
non-financial assets are reviewed for impairment whenever events or changes in
circumstances indicate that the carrying amount of the asset exceeds its
recoverable amount. The recoverable amount of an asset or a cash-generating
unit 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
estimat</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">e</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The Group determines the estimated
recoverable amount based on the future cash flows 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. Those projections are
estimated for the asset in its current condition and do not include future cash
flows that are expected to arise from (a) a future restructuring, to which the
Group is not yet committed, and (b) improving or enhancing the asset&#8217;s
performance.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">assessment&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
of recoverable amount is sensitive to the management&#8217;s judgments in estimating
future forecasted cash flows, as well as the selection of discount rate, and
technological and economic obsolescence rate. These judgments are applied based
on management&#8217;s understandin</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">g&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> of historical and current
information, and expectations of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&#8217;s future
plan and performance. Further details are presented in Note 10.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></i></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">42</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3.&#160;&#160; BUSINESS COMBINATIONS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:18.2pt;"><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Acquisition of Contact Centers Australia
Pty. Ltd. (&#8220;CCA&#8221;)</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:18.2pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">On June 14, 2014, the shareholders of CCA and Telkom
Australia entered into an agreement to purchase 75% ownership in CCA amounting
for AU$10,843,000 or equivalent to Rp115 billion. The acquisition was completed
on September 25, 2014. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">CCA is a private company based in Surry Hills, Sydney and
was established in 2002. This company provides comprehensive and integrated
Business Process Outsourcing solutions with other services for a complete
end-to-end solution.</font></p>

<p style="margin-bottom:.0001pt;margin-left:18.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:18.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">The
fair values of the assets acquired and liabilities assumed at the acquisition
date were as follows:&#160; </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=84% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Cash and equivalents</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Trade
  receivable</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">20</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Other
  current assets</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">17</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Property and
  equipment</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Intangibles</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">78</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Lease</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Current
  liabilities</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(29</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Non
  current liabilities</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Fair
  value of identifiable net asset acquired</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">100</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Fair
  value of non-controlling interest</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(39</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Goodwill</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">54</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=84% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Fair
  value of consideration transferred</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">115</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">The
prevailing e</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">xchange rate prevailing at the time of acquisition</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> was&#160; Rp10,655/AU$.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Since </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">the
acquisition date, CCA has</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> generated </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">operating revenue
amounting to Rp147 billion. The net cash flow to acquire control, </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">net of cash acquired, amounting
to Rp</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">110 </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">billion.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
business combination transactions mentioned above ha</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ve&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> complied to the related Bapepam-LK Regulations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">43</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4.&#160;&#160; CASH AND CASH EQUIVALENTS</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:96.24%;">
 <tr>
  <td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=25% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:7.0pt;">December 31, </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=36% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Original Currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:7.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:7.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Cash on hand</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">24</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Cash in banks</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Related parties</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">PT
  Bank Rakyat Indonesia (Persero) Tbk (&#8220;BRI&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">60&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">213</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">117</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,716</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">104</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">PT
  Bank Mandiri (Persero) Tbk (&#8220;Bank Mandiri&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:1.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">876</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">611</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">18</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">266</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">18</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">226</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">JPY</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">EUR</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">HKD</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">PT
  Bank Negara Indonesia (Persero) Tbk (&#8220;BNI&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">293</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">384</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">241</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">19</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">233</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">EUR</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">99</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">SGD</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Others</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">9</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">15</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Sub-total</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">650&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">1,889</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:17.45pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">  </font><font color=windowtext face=arial,sans-serif lang=DE style="font-size:7.0pt;">Third
  parties</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Standard
  Chartered Bank (&#8220;SCB&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">42</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">30</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">37&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">30</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">SGD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">33</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">30</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">PT
  Bank Muamalat
  Indonesia
  Tbk (&#8220;Bank Muamalat&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">192</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">16</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:37.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Hong
  Kong and Shanghai Banking Corporation Ltd (&#8220;HSBC&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:37.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">20&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">88</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">HKD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">SGD</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Deutsche
  Bank AG (&#8220;DB)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">19&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">$&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">28</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">EUR</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">15</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">PT
  Bank CIMB Niaga Tbk (&#8220;Bank CIMB Niaga&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">33</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">40</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">$&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Others (each
  below Rp75 billion)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">58</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">71</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">52</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">20</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">EUR</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">13</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">15</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">AUD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">TWD</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">27</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">12</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">21</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">MYR</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">HKD</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">MOP</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">24</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">22</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">MMK</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Sub-total</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">132&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">767</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Total cash in banks</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">782&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">2,656</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Time deposits</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Related parties</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">BRI</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">157&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4,443</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">166</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">433&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">138</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,713</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">BNI</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4,</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">209&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,285</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">9</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Bank Mandiri</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2,254</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">852</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">40</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">586</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">20</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">248</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Others</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">52</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">26</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Sub-total</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">700&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8,575</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">44</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">4.&#160;&#160; CASH AND CASH EQUIVALENTS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:96.24%;">
 <tr>
  <td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=25% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:7.0pt;">December 31, </font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=36% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=Arial,sans-serif style="font-size:7.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=top width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">Third parties</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:3.3pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">Rupiah</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">PT Bank Permata Tbk (&#8220;Bank Permata&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,350&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">1,350</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">58</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">720</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">PT Bank Mega Tbk (&#8220;Bank Mega&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">954</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">1,057</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">113</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1,161</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">26</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">323</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Bank CIMB Niaga </font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">600&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">2,057</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">PT Bank UOB Indonesia (&#8220;UOB&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">500</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">PT Bank OCBC NISP Tbk (&#8220;OCBC NISP&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">500</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">36</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">448</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">PT Bank BukopinTbk (&#8220;Bank Bukopin&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">298</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">50</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">Bank Panin Tbk (&#8221;Bank Panin&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">175</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">28</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">Bank Muamalat</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">97</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">66</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">71</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">Bank Tabungan
  Pensiun Nasional  (&#8220;Bank BTPN&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">152</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">PT Bank Danamon
  Indonesia Tbk (&#8220;Bank Danamon&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">130</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">16</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.55in;text-align:left;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">PT Bank Ekonomi
  Raharja Tbk (&#8220;Bank Ekonomi&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">75</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">Others (each below Rp75 billion)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">70</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">126</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">Sub-total</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">8</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">704&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">6,417</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Total time deposits</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">21,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">404&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">14,992</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Grand Total</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">6</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,2</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">64&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">17,672</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Interest rates per annum on time
deposits are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, </font></b><b><font color=windowtext face=Arial,sans-serif lang=SV style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Rupiah</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">.</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5%-10.50%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4.00%-11.50%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Foreign currencie</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.10%-3.00%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.03%-3.00%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The related parties in which </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he Group place</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
its funds are state-owned banks. The Group placed a 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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions. </font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:4.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">5.&#160;&#160; OTHER CURRENT FINANCIAL ASSETS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:7.0pt;">December 31, </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> (in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Time deposits</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> </font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Related parties</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:17.45pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">  </font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Bank Mandiri</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">20</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">294</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Third
  parties</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">SCB</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">56</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Total time deposits</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">350</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">110</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Available-for-sale
  financial assets</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> </font><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Related parties</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Government</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">03&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">31</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">27</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">State-owned
  enterprises</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">63</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">55</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Sub-total</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">94</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">185</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Third
  parties</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">69</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">69</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Total
  available-for-sale financial assets</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">163</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">254</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Sinking fund</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2,1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">65&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">2,121</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Derrivative</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">290</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">290</font></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Others</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">25</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">21</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">AUD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2,9</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">97&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:white;border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:7.0pt;">2,797</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Sinking fund mostly represents Telkomsel&#8217;s account in BNI
in relation to the Conditional Business Transfer Agreement between Telkomsel
and the Company (Note 39c.ii).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ime deposits </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">have </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">maturities of more than three months
but not more than one year, with interest rates</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> 3</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Foreign currencies</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">7</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5%-</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">0</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">.</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">93</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.85%-1.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:6.0pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Refer to Note 36 for
details of related party transactions.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">46</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_52"></a><a name="_bclPageBorder52"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">6.&#160;&#160; TRADE RECEIVABLES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Trade receivables arise from services
provided to both retail and non-retail customers, with details as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; By debtor</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&#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:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Related parties</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=top width=57% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 3</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">State-owned enterprises</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">395</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">458</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">PT Indosat Tbk (&#8220;Indosat&#8221;)</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">299</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">195</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Indonusa</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">286</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">290</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">CSM</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">62</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">52</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">246</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">28</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">288&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,275</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">664&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(402</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">624</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">873</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii)&#160;&#160; Third parties</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=top width=57% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Individual and business subscribers</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">10</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">051&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8,033</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Overseas international carriers</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,164</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">785</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">215&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8,818</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">425&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(2,694</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">8,790</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,124</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:14.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; By age</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Related parties</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Up to 6 months</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">778</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">712</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">7 to 12 months</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">167</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">125</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">More than 12 months</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">343</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">438</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">288&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,275</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">664&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(402</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">624</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">873</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:14.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:2.0pt;">&nbsp;</font></p>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">6.&#160;&#160; TRADE RECEIVABLES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; By age (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii)&#160;&#160; Third parties</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Up to 3 months</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">998&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,287</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">More than 3 months</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">217&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,531</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">215&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8,818</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">425&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(2,694</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">8,790</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,124</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:14.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:95%;">(iii)&#160; Aging of total trade
receivables</font></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=top width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=37% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">,
  2015</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">Gross</font></b></p>
  </td>
 <td valign=top width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% 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=Arial,sans-serif style="font-size:10.0pt;">Provision for
  impairment</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">of receivables</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">Gross</font></b></p>
  </td>
 <td valign=top width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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=Arial,sans-serif style="font-size:10.0pt;">Provision for impairment</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">of receivables</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Not past due</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">812&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">94</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,595</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">127</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Past due up to 3
  months</font></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">838&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">48&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,294</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">262</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Past due more than 3 to 6 months</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">330&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">10&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">645</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">321</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Past due more than 6 months</font></p>
  </td>
 <td valign=bottom width=18% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">52</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% 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 color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">537&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,559</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,386</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">50</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">3&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">089&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">10,093</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,096</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.35pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.35pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:70%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:95%;">The Group has
made provision for impairment of trade 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 </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:95%;">September&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:95%;"> 30</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:95%;">, 2015 and December 31,2014</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:95%;">,
the carrying amount of trade receivables of the Group considered past due but
not impaired amounted to </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:95%;">Rp5,696 billion and </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:95%;">Rp</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:95%;">3,365&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:95%;"> billio</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;line-height:95%;">n</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:95%;">, respectively. Management
believes that receivables past due but not impaired, along with trade
receivables that are neither past due nor impaired, are due from customers with
good credit history and are expected to be recoverable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; By currency</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)&#160;&#160; Related parties</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Rupiah</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">268&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,249</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">U.S. dollar</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">26</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=21% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">288&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,275</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">664&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(402</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">624</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">873</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:14.0pt;text-decoration:none;">&nbsp;</font></sup></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">6.&#160;&#160; TRADE RECEIVABLES (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">By currency (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii)</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Third
partie</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:58.5pt;width:87.78%;">
 <tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Rupiah</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">605&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7,730</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">U.S. dollar</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">558&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,053</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Australian
  dollar</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">50</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">31</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Euro</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Hong Kong dollar</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">215&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">8,818</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Provision for
  impairment of receivables</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">425&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(2,694</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">8,790</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6,124</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:14.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:70%;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Movements in the provision for impairment of receivables</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:1.0pt;">&#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;&#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;&#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></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:92.48%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Beginning balance</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,096</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,872</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision recognized during the year
  (Note 28)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">948</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">784</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Receivables written-off</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">955&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(560</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Ending balance</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">089&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,096</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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=arial,sans-serif lang=IN style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The receivables written off </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">relate to both</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> related party and third party trade
receivables.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Management believes that the provision
for impairment of trade receivables is adequate to cove</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">r&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
losses on uncollectible receivables.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">June&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015, certain trade receivables of
the subsidiaries amounting to Rp2,571 billion have been pledged as collateral under
lending agreements (Notes 16, 19 and 20).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Refer to Note 36 for details of
related party transactions. </font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">49</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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</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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN
(PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">7.&#160;&#160; INVENTORIES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.25in;width:96.24%;">
 <tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Components</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">454</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">279</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">SIM
  cards, RUIM cards, set top boxes, and blank prepaid vouchers</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">45&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">105</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">35&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">133</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">734</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">517</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for obsolescence</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Components</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(15</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">SIM
  cards, RUIM cards, set top boxes, and blank prepaid vouchers</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(27</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(28</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(43</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">690</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">474</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Movements in the provision for
obsolescence are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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:.25in;width:96.24%;">
 <tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Beginning balance</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">43</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision recognized during the year</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Inventory write off</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(18</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Ending balance</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">43</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The inventories recognized as expense
and included in operations, maintenance, and telecommunication service expenses
as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> amounted to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,450&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,031&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
billion, respectively (Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Management believes that the provision
is adequate to cover losses from declines in inventory value due to obsolescence.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Certain inventories of the Company&#8217;s
subsidiaries amounting to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2 billion have been pledged as
collateral under lending agreements (Notes 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, modules and components held by the
Group </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">has&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> been insured against fire, theft, and
other specific risks with book value amounting to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">221 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">billion and Rp2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">37
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">billion, respectively.
Modules are recorded as part of property and equipment. Total
sum insured as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September
3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> amounted to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">291 billion and 266 billion</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Management believes that the insurance
coverage is adequate to cover potential losses of inventories </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">arising from the insured risks</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">8.&#160;&#160; ADVANCES AND PREPAID EXPENSES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Frequency license (Notes </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">c.i and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">c.ii)&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,304</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">699&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Prepaid rental</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">986</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">983</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Advances</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">732</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">410</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Salaries</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">444</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">18&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Advances to employee</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">88</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others (each below Rp75 billion)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">632</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">408</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4,186</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4,733</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; LONG-TERM INVESTMENTS </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=right>

<table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:97.56%;">
 <tr>
  <td valign=bottom width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=13 valign=bottom width=76% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">September
  30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Percentage
  of ownership</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Beginning
  balance</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Addition
  (Deduction)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Share
  of net (loss) profit of associated company</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Dividend</font></b></p>
  </td>
 <td valign=top 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Translation
  adjustment</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Ending
  balance</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Long-term
  investments in associated companies</font></b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">:&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Tiphone<sup>a</sup></font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">25</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,392</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">23</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(17</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,398</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Indonusa<sup>b</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">20</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">221</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">221</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Teltra</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">n</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">et<sup>c</sup></font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">51</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">52</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(12</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">40</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT
  Melon Indonesia (&#8220;Melon&#8221;)<sup>d</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">51</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">43</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">7</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">50</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT
  Integrasi Logistik Cipta Solusi (&#8220;ILCS&#8221;)<sup>e</sup></font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">49</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">38</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">38</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telin
  Malaysia<sup>f</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">49</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(12</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CSM<sup>g</sup></font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">25</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Sub-total</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,752</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">10</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(17</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(4</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,747</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Other
  long-term investment</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total
  long-term investments</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,767</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">10</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(17</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(4</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,762</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

</div>

<p style="margin-bottom:0in;margin-left:31.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;">&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=arial,sans-serif lang=FR style="font-size:7.0pt;">&nbsp;</font></p>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; LONG-TERM INVESTMENTS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Summarized</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> financial information of the Group&#8217;s
investments accounted </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">under
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">equity method for 2015:</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.22%;">
 <tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Tiphone*</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Indonusa</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Teltranet</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Melon</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">ILCS</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Telin Malaysia</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">CSM**</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><i><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Statements of
  financial position</font></i></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Current assets</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">466&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">527</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">77</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">133</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">92</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">8</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">157</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Non-current assets</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">884</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">240</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">26</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">933</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Current liabilities</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,148&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(5</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">80&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">21&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(6</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">25&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(1,297</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Non-current
  liabilities</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2,567&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(5</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">45&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(317</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Equity (deficit)</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2,635</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">58&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(11</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(524</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><i><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Statements of profit
  or loss and other comprehensive income</font></i></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Revenues</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9,071</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">376</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">141</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">44</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">173</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Cost of revenues and
  operating expenses</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8,550&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">462&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">36&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">131&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">28&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(382</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Other (expenses)
  income, including finance costs &#8211; net</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">276&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">44&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Profit (loss) before
  tax</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">245</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">130&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">23&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">23&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(196</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Income tax expense</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">62&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Profit (loss) for
  the year</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">183</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">30&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">23&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">23&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(196</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:26.1pt;text-align:left;text-indent:-6.75pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">*
&#160; Based on statement of&#160; financial position and statement of profit or loss and
other comprehensive income&#160; as of March, 31 2015 and for the three months
period then ended</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:25.65pt;text-align:left;text-indent:-6.3pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">**
Based on statement of financial position and statement of profit or loss and
other comprehensive income as of December 31, 2014 and for the year then ended</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:31.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><b><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=11 valign=bottom width=69% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:8.0pt;">December 31, </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Percentage of
  ownership</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:8.0pt;">Beginning balance</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Addition (Deduction)</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Share of net (loss)</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">profit of associated
  company</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Translation
  adjustment</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Ending balance</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Long-term
  investments in associated companies</font></b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">:&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Tiphone<sup>a</sup></font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">24.92</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,395</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(3</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,392</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Indonusa<sup>b</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">20.00</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">189</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">32</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">221</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Teltranet<sup>c</sup></font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">51.00</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">52</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">52</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT Melon Indonesia
  (&#8220;Melon&#8221;)<sup>d</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">51.00</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">39</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">43</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT
  Integrasi Logistik Cipta Solusi (&#8220;ILCS&#8221;)<sup>e</sup></font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">49.00</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">37</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">38</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telin Malaysia<sup>f</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">49.00</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">18</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">8</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CSM<sup>g</sup></font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">25.00</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total long-term
  investments</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">283</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,487</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(17</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,752</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Other long-term
  investments</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(6</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total long-term
  investments</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">304</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,481</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(17</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,767</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:31.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=Arial,sans-serif lang=FR style="font-size:7.0pt;">&nbsp;</font></p>





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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; LONG-TERM INVESTMENTS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Summarized</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> financial information of the Group&#8217;s
investments accounted </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">under
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">equity method for 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=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Tiphone</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Indonusa</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Teltranet</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Melon</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">ILCS</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telin Malaysia</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">CSM</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><i><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Statements
  of financial position</font></i></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:10.35pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Current assets</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4,469</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">396</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">104</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">101</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">86</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">8</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">157</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:10.35pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Non-current assets</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,259</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">365</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">36</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">24</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">933</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:10.35pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Current liabilities</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(2,465</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(382</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(51</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(31</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1,297</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:10.35pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Non-current
  liabilities</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(275</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(605</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(317</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Equity (deficit)</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2,988</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(226</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">104</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">84</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">77</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">11</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(524</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><i><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Statements
  of comprehensive income</font></i></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:10.35pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Revenues</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6,314</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">281</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">92</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">73</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">7</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">173</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:10.35pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Cost of revenues and
  operating expenses</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5,957&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">298&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">88&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">39&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(382</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:10.35pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Other (expenses)
  income, including finance costs &#8211; net</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">20&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Profit (loss) before tax</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">205</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">37&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">13&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">32&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(196</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Income tax expense</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">52&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Profit (loss) for
  the year</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">153</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">37&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">13&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">32&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(196</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:26.1pt;text-align:left;text-indent:-6.75pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">*
&#160; Based on statement of&#160; financial position as of December 31, 2014 and
statement of profit or loss and other comprehensive income&#160; for the three
months period&#160; ended March 31, 2014</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:25.65pt;text-align:left;text-indent:-6.3pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">**
Based on statement of financial position and statement of profit or loss and
other comprehensive income as of December 31, 2014 and for the year then ended</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:26.6pt;margin-right:.95pt;margin-top:0in;text-align:justify;text-indent:-7.9pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">a</font></sup><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Tiphone was
established on June 25, 2008 as PT Tiphone Mobile Indonesia Tbk. Tiphone is
engaged in the telecommunication equipment business, such as for celullar phone
including spare parts, accessories, pulse reload vouchers, repair service and
content provider through its subsidiaries. On September 18, 2014, the Company
through PINS acquired 25% ownership in Tiphone for Rp1,395 billion. As of
September 30, 2015, the fair value of the investment is Rp1,255 billion. The
fair value is calculated by multiplying the number of shares by the published
price quotation as of September 30, 2015 (Rp715 per share).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:26.6pt;margin-right:.95pt;margin-top:0in;text-align:justify;text-indent:-7.9pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:26.6pt;margin-right:.95pt;margin-top:0in;text-align:justify;text-indent:-7.9pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; Reconciliation of
financial information to the carrying amount of long-term investment in Tiphone
as of December 31, 2014, is as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:26.6pt;margin-right:.95pt;margin-top:0in;text-align:justify;text-indent:-7.9pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160; &nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:27.0pt;width:97.3%;">
 <tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=23% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Amount</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Assets</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">5</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">728&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Liabilities</font></p>
  </td>
 <td valign=bottom width=23% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,740</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Net assets</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2,988</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Group&#8217;s proportionate
  share of net asset s (24.92%)</font></p>
  </td>
 <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">745</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Goodwill</font></p>
  </td>
 <td valign=bottom width=23% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">647</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=77% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Carrying amount of
  long-term investment</font></p>
  </td>
 <td valign=bottom width=23% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1,392</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:26.6pt;margin-right:.95pt;margin-top:0in;text-align:justify;text-indent:-7.9pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">b</font></sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Indonusa had been a
subsidiary of the Company until 2013 when the Company disposed 80% of its
interest in Indonusa. On May 14, 2014, based on the Circular Resolution of the
Stockholders of Indonusa as 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
Letter No. AHU-02078.40.20.2014 dated April 29, 2014, Indonusa&#8217;s stockholders
approved an increase in its issued and fully paid capital by Rp80 billion. The
Company has waived its right to own the new shares issued and transferred it to
Metra and, as a result, Metra&#8217;s ownership in Indonusa increased to 4.33%.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;margin-right:.05pt;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">c&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Investment in
Teltranet is accounted for under the equity method, which covered on an
agreement between Metra and Telstra Holding Singapore Pte. Ltd. on August 29,
2014. Teltranet is engaged in communication system services (note 1d). Metra
does not have control as it does not determine the financial and operating
policies of Teltranet</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;margin-right:.05pt;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">d</font></sup><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Melon is engaged in providing
Digital Content Exchange Hub services (&#8220;DCEH&#8221;). Metra does not have control
over Melon due to the existence of substantive participating rights held by the
other venturer over the financial and operating policies of Melon</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;margin-right:.05pt;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">e</font></sup><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">ILCS is engaged in
providing E-trade logistic services and other related services.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;margin-right:.05pt;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">f</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; Telin Malaysia is
engaged in telecommunication services in Malaysia.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">53</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</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%">

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI
INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; LONG-TERM INVESTMENTS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;margin-right:.05pt;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">g</font></sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">year&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">December 31,
2014 and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3 Rp</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">131&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> and Rp80
billion, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">respectively.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;margin-right:.05pt;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">10.&#160; PROPERTY AND EQUIPMENT</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Januari
  1,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Additions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deductions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Reclassifications/</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">T</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">ranslations&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 30, 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">At cost</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">:&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Directly acquired
  assets</font></b></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Land rights</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">184&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">44</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,226</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Buildings</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">4,571</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">58</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">591</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,220</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Leasehold
  improvements</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">943</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">24</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(23</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">164</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,108</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Switching
  equipment</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">19,208</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">75</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(66</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">393</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">19,610</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telegraph, telex
  and data communication equipment</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">107,573</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,295</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">772&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7,342</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">116,438</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Satellite,
  earth station and equipment</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">7,927</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">46</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">87</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">8,0</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">60&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Cable network</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">33,114</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2,636</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">166&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">78&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">35,506</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Power supply</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">12,776</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">112</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">574</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">13,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">412&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Data
  processing equipment</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">10,242</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">136</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">267</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">10,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">637&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Other
  telecommunications peripherals</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">602</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">6</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">12&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Office
  equipment</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">951</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">62</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1,00</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">346</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">44</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Other
  equipment</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">99</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">99</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Property under
  construction</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">3,853</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">10,836</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">9,429&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,260</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Assets under finance
  lease</font></b></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">5,882</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">237</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(202</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,917</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Data
  processing equipment</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">102</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(10</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">92</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Office
  equipment</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">21</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">52</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">69</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">44</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">44</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;"> </font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">CPE assets</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">153</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">175</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Power
  supply</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">113</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">113</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">RSA assets</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">252</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">252</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">209,718</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">16,996</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,302</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(104</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">225,308</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">January 1, 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Additions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Deductions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Reclassifications/</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">T</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">ranslations&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">September 30, 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Accumulated depreciation and
  impairment losses:</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Directly acquired assets</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Buildings</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,954</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">161</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">117&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Leasehold
  improvements</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">669</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">72</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(23</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">71</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Switching equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">13,861</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,034</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(61</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">14,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">824&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Telegraph, telex and
  data communication equipment</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">54,764</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7,540</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">764&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">23</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">61,563</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Satellite, earth
  station and equipment</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6,099</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">04&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Cable network</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">18,762</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">975</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">164&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">97&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">19,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">476&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Power supply</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7,978</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">909</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">44&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">8,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">853&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Data processing
  equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7,624</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">664</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">8,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">274&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Other
  telecommunications peripherals</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">322</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">51</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">368</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Office equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">659</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">760</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">113</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">44</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">157</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Other equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">97</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">9</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Assets under finance lease</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,681</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">720</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">202&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">199&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Data processing
  equipment</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">79</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">11</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(11</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Office equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">32</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">38</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">CPE asets</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">33</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Power supply</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">RSA assets</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">217</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">22</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">114,9</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">09&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12,830</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(1,280</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=13% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(51</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">126,408</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Net Book Value</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">94,809</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">98,</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">900&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN
(PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PROPERTY AND EQUIPMENT (continued)</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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Januari
  1,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;"> 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Business
  acquisition</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Additions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deductions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Reclassifications/</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Translation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">December
  31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">At cost</font></b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">:&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Directly acquired
  assets</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Land rights</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1,098</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">107</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(21</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">184&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Buildings</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">4,224</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">131</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(19</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">235</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">571&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Leasehold
  improvements</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">812</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">49</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(52</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">134</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">943</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Switching
  equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">18,705</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">331</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(496</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">668</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">19</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">208&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telegraph,
  telex and data</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;"> communication e</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">quipmen</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">t&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Transmission
  installation </font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">and equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">95,853</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">298&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">235&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">10</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">657&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">107</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">573&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Satellite,
  earth station and </font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">equipment&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">7,456</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">312</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(21</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">180</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">7,927</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Cable network</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">28,987</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">3,025</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(250</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">352&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">33</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">114&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Power supply</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">11,755</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">225</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(78</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">874</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">12,776</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Data
  processing equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">9,230</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">684</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(53</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">381</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">10</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">242&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Other
  telecommunications </font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">peripherals&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">500</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">102</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">602</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Office
  equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">770</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">191</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">951</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">332</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">18</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">346</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Other equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">104</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">99</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Property under
  construction</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1,971</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">16,660</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(14,763</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">3,853</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Assets under finance
  lease</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">5,683</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">495</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(296</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">5,882</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Data
  processing equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">123</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">102</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Office
  equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">7</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">21</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">26</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">18</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">44</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">CPE assets</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">RSA assets</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">459</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(207</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">252</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">188,123</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">24,661</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(2,569</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(503</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">209,718</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">January 1, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Additions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Impairments</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Deductions</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Reclassifications/</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">T</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">ranslations&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Accumulated
  depreciation and impairment losses:</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Directly acquired
  assets</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Buildings</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,840</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">135</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(16</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,954</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Leasehold
  improvements</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">649</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">71</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(52</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">669</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Switching equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">12,903</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,549</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(496</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(95</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">13,861</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Telegraph, telex and
  data communication equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">46,666</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">9,084</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">406</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(1,161</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(231</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">54,764</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Satellite, earth
  station and equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">5,190</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">577</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">332</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6,099</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Cable network</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">17,758</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,101</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">67</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(249</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">85</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">18,762</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Power supply</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6,794</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,246</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(62</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7,978</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Data processing
  equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6,822</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">869</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(57</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7,624</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Other
  telecommunications peripherals</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">267</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">55</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">322</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Office equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">564</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">109</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(9</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">659</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">68</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">46</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">113</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Other equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">97</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Assets under finance
  lease</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Transmission
  installation and equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,345</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">632</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(296</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,681</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Data processing
  equipment</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">83</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">17</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">79</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Office equipment</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Vehicles</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">CPE asets</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">RSA assets</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">294</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">130</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(207</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">217</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">101,362</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">15,633</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">805</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2,418</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(473</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">114,909</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Net Book Value</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">86,761</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">94,809</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PROPERTY AND EQUIPMENT (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Gain on disposal or sale of
property and equipment</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Proceeds from sale of property and
  equipment</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">312</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">154</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net book value</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(25</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(51</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Gain on disposal or sale </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">of property and equipment</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">287</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">103</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:31.5pt;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">b</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; Assets impairment </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
the CGUs that independently generate cash inflows were fixed wireline, fixed
wireless, cellular and others.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-AU style="font-size:10.0pt;">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 flows projection approved by
management. The cash flows 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 service period. Projected net cash flows to be received for the
disposal of the assets was determined based on cost approach, adjusted for
physical, technological and economic obsolescence. 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. 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 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 color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Since the Company has decided to
restructure its fixed wireless business (Note 39.e.ii), the Company accelerate
its fixed wireless business&#8217;s assets. As of September 30, 2015, fixed wireless
assets has been fully depreciated amounting to Rp545 billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-AU style="font-size:10.0pt;">Loss on impairment of
assets was recognized within &#8220;Depreciation and Amortization&#8221; in the
consolidated statement of profit or loss and other comprehensive income.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-AU style="font-size:10.0pt;">Management believes that
there is no indication of impairment in the assets of other CGUs as of December
31, 2014</font><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PROPERTY AND EQUIPMENT (continued)</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:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">c</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; Others
</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)&#160;&#160;&#160;&#160; Interest
capitalized to property under construction amounted to Rp302 billion and Rp251
billion for the nine months period ended September 30, 2015 and for the year
ended December 31, 2014, respectively. The capitalization rate used to
determine the amount of borrowing costs eligible for capitalization ranged from
9.74% to 18.31% and from 10.14% to 18.31% for the nine months period ended
September 30, 2015 and for the year ended December 31, 2014, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">No foreign exchange loss was
capitalized as part of property under construction for the nine months period
ended September 30, 2015 and for the year ended December 31, 2014.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;vertical-align:baseline;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(iii)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">For the
nine months period ended September 30, 2015 and 2014, the Group received the
proceeds from the insurance claim on the lost and broken property and
equipment, with a total value of Rp88 billion and Rp158 billion, respectively.
The proceeds were recorded as part of &#8220;Other Income&#8221; in the consolidated
statement of profit or loss and other comprehensive income. As of September 30,
2015 and 2014, the net carrying value of those assets of Rp14 billion and Rp34
billion, respectively, were charged to the consolidated statement of profit or
loss and other comprehensive income.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.8in;text-align:justify;text-indent:-.3in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(iv)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">I</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">n 2012, Telkomsel decided to replace
certain equipment units with net carrying amount of Rp1,037 billion, as part of
a modernization program. Accordingly, Telkomsel changed the estimated useful
lives of such equipment. The impact is an additional depreciation expense
amounting to Rp70 billion for 2014</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(v)&#160;&#160;&#160; 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 Rp352 billion for the nine months period ended September 30, 2015 and
2014</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The impact of the change in the
estimated useful lives of the towers in future periods is to increase the
profit before income tax as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<div align=right>

<table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=bottom width=70% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><u><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Years</font></u></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><u><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Amount</font></u></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=70% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2015 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(3 months)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">352</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=70% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2016</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">301</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=70% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2017</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">92</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

</div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In 2014, the useful lives of Telkomsel&#8217;s
buildings and transmissions were changed from 20 years to 40 years, and from 10
years to 15 and 20 years, to reflect their current economic useful lives. The
impact is a reduction of depreciation expense by Rp198 billion for the nine
months period ended September 30, 2015</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">mpact of the change in the estimated useful lives of the
buildings and transmissions in future periods is to increase the profit before
income tax as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif 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;margin-left:.75in;width:88.72%;">
 <tr>
  <td valign=bottom width=70% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><u><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Years</font></u></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><u><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Amount</font></u></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=70% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2015 </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(3 months)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">198</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=70% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2016</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">244</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=70% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2017</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">198</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=70% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2018</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">135</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PROPERTY AND EQUIPMENT (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:31.5pt;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160; Others (continued)</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(v</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">) Exchange
of property and equipment</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2012 and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">with PT L</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">en&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Industri (&#8220;LEN&#8221;) and PT Industri
Telekomunikasi Indonesia (&#8220;INTI&#8221;)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
respectively</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In
2015 and 2014, the Company derecognized the copper cable network asset with net
carrying value of Rp1.9 billion and Rp1.8 billion, respectively, and recorded
the fiber optic network asset from the exchange transaction of Rp384 billion
and Rp435 billion. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">For the period
ended&#160; December 31, 2014, Telkomsel&#8217;s equipment with net carrying amount of
Rp41 billion will be exchanged with equipment from NSN Oy and PT Huawei, therefore,
these equipment units were presented as assets held for sale in the
consolidated statement of financial positions, and under personal segment (Note
37)</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(vii</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">)&#160; As
of September 30, 2015, the Group&#8217;s property and equipment except land rights,
with net carrying amount of Rp87,529 billion were insured against fire, theft,
earthquake and other specified risks, including business interruption, under
blanket policies totalling Rp14,158 billion, US$74.03 million, HKD18.71 million
and SGD28.92 million. 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;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ix</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">)&#160;&#160; As of September 30, 2015, the percentage of
completion of property under construction was around 84% of the total contract
value, with estimated dates of completion between October 2015 and December
2017. 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="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(x)&#160;&#160;&#160; All assets owned by
the Company have been pledged as collateral for bonds (Note 19a). Certain
property and equipment of the Company&#8217;s subsidiaries with gross carrying value
amounting to Rp8,203 billion have been pledged as collateral under lending
agreements (Notes 16 and 20).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(x</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">)&#160;&#160; As
of September 30, 2015 the cost of fully depreciated property and equipment of
the Group that are still used in operations amounted to Rp63,917 billion. The
Group is currently performing modernization of network assets to replace the
fully depreciated property and equipment.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(x</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ii</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">)&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">In
2014, the total fair values of land rights and buildings of the Group, which
are determined based on the sale value of the tax object (&#8220;Nilai Jual Objek
Pajak&#8221; or &#8220;NJOP&#8221;) of the related land rights and buildings, amounted to
Rp19,412 billion</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>





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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PROPERTY AND EQUIPMENT (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=IN style="font-size:10.0pt;">c</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; Others
(continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(xiii)&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Company and Telkomsel entered into
several 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 the agreement by both 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.8in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Future minimum lease payments for assets under finance
lease are as follows:</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:1.0pt;">&#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:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:1.0pt;">&#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;&#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;&#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></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:58.5pt;width:94.14%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Year</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2015</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,011</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">975</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2016</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">253</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">927</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2017</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">971</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">898</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2018</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">904</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">830</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2019</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">803</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">758</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Thereafter</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,339</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,147</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total minimum lease payments</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6,281</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6,535</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Interest</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(1,587</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(1,746</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net present value of minimum
  lease payments</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,694</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,789</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Current maturities (Note 1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">a)&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(611</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(571</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Long-term portion </font></b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(Note 1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">b)&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,083</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,218</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:70%;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Details of obligation under finance lease as of September
30, 2015 and December 31, 2014 are as follows</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:58.5pt;width:94.14%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PT Tower Bersama
  Infrastructure, Tbk</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,611</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,713</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PT Profesional
  Telekomunikasi Indonesia</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,498</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,596</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PT Solusi Tunas Pratama</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">348</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">368</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PT Putra Arga Binangun</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">233</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">244</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PT Bali Towerindo Sentra</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">135</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">143</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">PT Naragita Dinamika
  Komunika</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">91</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">109</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Others (each below Rp100
  billion)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">778</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">616</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4,</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">694&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4,789</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN
(PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; ADVANCES AND OTHER NON-CURRENT
ASSETS </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Advances and other non-current assets
as of September 30, 2015 and December 31, 2014 consist of:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Advances for purchase of property
  and equipment</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,687</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,354&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Prepaid rental - net of current
  portion (Note 8)</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,161</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">587&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Deferred charges </font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">451</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">484</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Frequency license - net of current
  portion (Note 8)</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">429</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">49</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Long-term trade receivables - net of
  current portion (Note 6)</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">328</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">362</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Restricted cash</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">110</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">112</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Security deposit</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">96</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">72</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7,271</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">6,479</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Prepaid rental covers rent of leased
line and telecommunication equipment and land and building under lease
agreements of the Group with rental periods ranging from 1 to 40 years.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of September 30, 2015 and December
31, 2014, deferred charges represent deferred Revenue-Sharing Arrangement
(&#8220;RSA&#8221;) charges and deferred Indefeasible Right of Use (&#8220;IRU&#8221;) Agreement
charges. Total amortization of deferred charges for the years ended September
30, 2015 and December 31, 2014 amounted to Rp35 billion and Rp86 billion,
respectively. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Long-term trade receivables are
measured at amortized cost using the effective interest rate method payable in
installments over 4 years, and arose from providing telecommunication access
and services in rural areas (USO) (Note 39c.iv</font><font color=windowtext face=arial,sans-serif lang=IN 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=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; Refer to Note 36 for
details of related party transactions.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; INTANGIBLE ASSETS</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)</font><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160; </font></b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">details of intangible assets</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:1.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Goodwill</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Software</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">License</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Other Intangible
  assets</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Gross carrying amount:</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Balance, December
  31, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">322</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4,771</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">67</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">572</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5,732</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Additions</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">994</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,003</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Reclassifications/translations</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">21</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Balance, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">September 30,
  2015</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">322</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5,786</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">67</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">581</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6,756</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Accumulated
  amortization</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">
  and
  impairment
  losses</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">:&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Balance, December
  31, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(29</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(2,862</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(43</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(335</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(3,269</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Amortization</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(617</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(19</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(640</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Reclas</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">s</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">ification/translation&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Balance, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">, 2015</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(29</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(3,494</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(47</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(358</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(3,928</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Net Book Value</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">293</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,292</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">20</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">223</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,828</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI
INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; INTANGIBLE ASSETS</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)</font><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160; </font></b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">details of intangible assets</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:14.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Goodwill</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Software</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">License</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other Intangible assets</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Gross carrying amount:</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Balance, December 31, 201</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">270</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3,432</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">67</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">401</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4,170</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Additions</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,340</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">107</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,447</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Acquisition (Note 3)</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">54</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">78</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">132</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Deductions</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(13</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(13</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Reclassifications/translations</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Balance, </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">December 31,
  2014</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">322</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4,771</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">67</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">572</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">5,732</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Goodwill</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Software</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">License</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other intangible assets</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Accumulated amortization</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;"> and impairment losses</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">:&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Balance, December 31, 201</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(29</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,278</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(37</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(318</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,662</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Amortization</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(583</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(30</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(619</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Deductions</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Reclassification/translation</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Balance, </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">December 31,
  2014</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(29</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,862</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(43</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(335</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(3,269</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Net Book Value</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">293</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,909</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">24</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">237</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2,463</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii)&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Goodwill resulted from
acquisition of CCA in 2014 (Note 3), sales-purchase transaction of Data Center
Business between Sigma and BDM in 2012, and from the acquisitions of Ad Medika
in 2010 and Sigma in 2008</font><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(iii)&#160; The remaining
amortization periods of software range from 0 to 17 years.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">v)&#160; As
of September 30, 2015 the cost of fully amortized intangible assets that are
still used in operations amounted to Rp2,251 billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif 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:-.5in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TRADE PAYABLES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.5in;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Related parties</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Purchase of equipment, materials and services</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">916</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">723</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Payables to other telecommunications providers</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">279</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">174</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Sub-total</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,195</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">897</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Third parties</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Purchase of equipment, materials and services</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8,453</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9,471</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Radio frequency usage charges, concession fees and
  Universal Service Obligation charges</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,468</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,160</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Payables to other telecommunications providers</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">727</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">834</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Sub-total</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">10,648</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">11,465</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">11,843</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">12,362</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These
consolidated financial statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TRADE PAYABLES</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Rupiah</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9,263</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9,479</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">U.S. dollar</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,511</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,837</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">69</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">46</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,843</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">12,362</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions. </font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; ACCRUED EXPENSES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:1.0pt;">&#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;&#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;&#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></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Operations, maintenance and
  telecommunications services</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,081</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,640</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Salaries and benefits</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,275</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,091</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">General, administrative and
  marketing expenses</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,524</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,291</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Interest and bank charges</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">248</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">189</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8,128</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,211</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; UNEARNED INCOME</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Prepaid pulse reload vouchers</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,928</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,588</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Other telecommunications services</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">165</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">78</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">396</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">297</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,485</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,963</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;"><b><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; SHORT-TERM BANK LOANS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:7.0pt;">December 31,
  </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:7.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Citibank N.A</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,244</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Bank CIMB Niaga</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">174</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">234</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">SCB</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">91</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">UOB</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">65</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">200</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Others</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">97</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">132</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">427</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,810</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:17.7pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





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</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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; SHORT-TERM BANK LOANS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</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;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:17.7pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Other significant information relating
to short-term bank loans as at </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September
30, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is as follows: </font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Borrower</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Total facility (in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Maturity date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Interest payment
  period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Interest rate per
  annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Security</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Bank CIMB Niaga</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">April 25, 2005<sup> </sup></font><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">a</font></sup></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">12</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October 18, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">equipment (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">),&nbsp;</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note 7) and trade
  receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">April 29, 2008<sup>
  a</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">10</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">October 18</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">equipment (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">),&nbsp;</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note 7) and trade
  receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">March 21, 2013<sup>
  b</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">38</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October 18, 2015</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Trade
  receivables(Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">March 25, 2013<sup>
  b</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">38</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October 18, 2015</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Trade
  receivables(Note 6)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">March 27, 2013<sup>
  b</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">24</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October 18, 2015</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Trade
  receivables(Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">April 28, 2013<sup> </sup></font><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">c</font></sup></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">85</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">November 11, 2015</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">11.50</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">September
  22, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">25</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">October 31</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">),
  Inventories
  (Note
  7) and</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">trade receivables
  (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">September
  22, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">October 18</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">equipment (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">),&nbsp;</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note 7) and trade
  receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">October</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> 29</font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Infomedia Solusi
  Humanika</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">50</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October </font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">29</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:7.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Trade
  receivables(Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">SCB</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">March 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">December 26, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.50</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">UOB</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">November 22, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">200</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">November 22, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Trade</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> receivables</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The credit facilities obtained by the
Company&#8217;s subsidiaries are used for working capital purposes.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=arial,sans-serif 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:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">a</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; Based on the latest
amendment on September 22, 2014</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">b</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; Based on the latest
amendment on </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">October
16</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">, 2014</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">c</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; Based on the latest
amendment on </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">November
11</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">, 2014</font></p>





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</DIV>
<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; CURRENT MATURITIES OF LONG-TERM LIABILITIES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Current maturities</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=50% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Bank loans</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,686</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,052</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Obligations under
  finance leases </font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">19</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">611</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">571</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Two-step loans</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">10</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">232</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">207</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Bonds and notes</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">18</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">53</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,069</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,582</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,899</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:70%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> for details of related party
transactions.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; Long-term portion</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Scheduled principal payments as of
June 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=9 valign=bottom width=56% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Year</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2017</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2018</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2019</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Thereafter</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Bank loans</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">20</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">14,956</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,784</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7,632</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,213</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,317</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Bonds and notes</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">19</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9,507</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">32</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">31</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">251</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9,185</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Obligations under finance
  leases</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">10</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,083</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">162</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">647</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">644</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">600</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,030</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Two-step loans</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">18</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,442</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">83</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">235</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">212</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">193</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">719</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">29,988</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,263</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,698</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8,519</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,257</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">14,251</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;line-height:70%;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TWO-STEP LOANS </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Two-step loans are unsecured loans
obtained by the Government which are then re-loaned to the Company. The loans </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">obtained&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> up to July 1994 are payable in rupiah
based on the exchange rate at the date of drawdown. Loans </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">obtained&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Original currency</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Rupiah
  equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Original currency</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Rupiah
  equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Overseas banks</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Yen</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7,295</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">889</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7,679</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">796</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">26</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">386</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">31</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">381</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">399</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">438</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,674</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,615</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Current
  maturities (Note 1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">a)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(232</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(207</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Long-term
  portion </font></b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Note 1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">b)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,442</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,408</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.35pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.35pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:70%;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TWO-STEP LOANS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued) </font></b></p>

<p style="margin-bottom:0in;margin-left:27.35pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.35pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:70%;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=35% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Payment
  schedule</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Interest</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;"> p</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">ayment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Interest rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Overseas banks</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">4.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">8.</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">57</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Yen</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">3.10%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The Company had used all facilities
under the two-step loans program since 2008.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Under the loan covenants, the Company
is required to maintain financial ratios as follows: </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:36.4pt;text-align:justify;text-indent:-14.7pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:36.4pt;text-align:justify;text-indent:-17.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; 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="margin:0in;margin-bottom:.0001pt;margin-left:36.4pt;text-align:justify;text-indent:-17.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; 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="margin:0in;margin-bottom:.0001pt;margin-left:36.4pt;text-align:justify;text-indent:-14.7pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of September 30, 2015, the Company
has complied with the above-mentioned ratios. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions. </font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">19</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BONDS AND NOTES</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Bonds and notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Bonds</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">
  &nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">2010:</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series A</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">1,005</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series B</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">1,995</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">1,995</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">2015:</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series A</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">2,200</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series B</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">2,100</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series C</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">1,200</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series D</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">1,500</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Medium Term Notes
  (&#8220;MTN&#8221;)</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">GSD</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series A</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">220</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">220</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Series B</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">120</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Finnet</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">200</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Promissory Notes</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">PT Huawei</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">US$</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">20</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">4</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">52</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">PT ZTE Indonesia (&#8220;ZTE&#8221;)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">US$</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">20</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:97%;">3</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:97%;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">36</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Total</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">9,575</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">3,308</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">Unamortized debt issuance cost</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">(15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">9,560</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">3,308</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Current maturities (Note
  17a)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">(53</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">(1,069</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">Long-term portion</font></b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">
  (Note 17b)</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">9,507</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;">2,239</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">19</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BONDS AND NOTES</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued) </font></b></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">a.&#160;&#160; Bonds</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:175.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-139.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">(i)</font><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;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">2010&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Bonds</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Principal</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Issuer</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Listed on</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Issuance date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Maturity date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Interest payment
  period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Interest rate per
  annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Series A</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,005</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">IDX</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">June 25, 2010</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">July 6, 2015</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9.60%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Series B</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,995</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">IDX</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">June 25, 2010</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">July 6, 2020</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">10.20%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3,000</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The bonds are secured by all of the
Company&#8217;s assets, movable or non-movable, either existing or in the future
(Note 10c.x). The underwriters 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Company received the proceeds from
the issuance of bonds on July 6, 2010.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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), infrastructure (backbone, metro
network, regional metro junction, internet protocol, and satellite system) and
to optimize legacy and supporting facilities (fixed wireline and wireless).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 30, 2015, the rating
of the bonds issued by PT Pemeringkat Efek Indonesia (Pefindo) is idAAA (stable
outlook).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Debt to equity ratio should
not exceed 2:1.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; EBITDA to finance costs
ratio should not be less than 5:1.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Debt service coverage is
125%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 30, 2015, the Company
has complied with the above mentioned ratios.</font></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">a.&#160;&#160; Bonds</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:175.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-139.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">(ii)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">2015&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Bonds</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Principal</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Issuer</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Listed on</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Issuance date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Maturity date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Payment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Series A</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2,200</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">IDX</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">June </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">16</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">15&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Ju</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">ne 23</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">22&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">9.</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">93</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Series </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">B&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2,100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">IDX</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">June </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">16</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">15&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Ju</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">ne 23</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">25&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">10.25</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Series </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">C&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">1,200</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">IDX</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">June </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">16</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">15&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Ju</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">ne 23</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">30&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">10</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">.60%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Series </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">D&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">1,500</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">IDX</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">June </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">16</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">15&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Ju</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">ne 23</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">, 20</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">45&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">11.00</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">7,000</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;text-decoration:none;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The bonds are secured by all of the
Company&#8217;s assets, movable or non-movable, either existing or in the future. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">66</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">PT TELEKOMUNIKASI INDONESIA Tbk &#160; AND ITS
SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">, 2015 and for the Nine Months Period Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">(Figures in tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">19</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">.&#160; BONDS AND NOTES
(continued)</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:normal;">a.&#160;&#160;&#160;&#160; Bonds</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;font-weight:normal;line-height:normal;"> (continued)</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;font-weight:normal;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:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:normal;">(i)</font><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; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:normal;">2015&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;font-weight:normal;line-height:normal;"> (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">As of June 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">, the rating of the
bonds issued by PT Pemeringkat Efek Indonesia (Pefindo) is idAAA (stable
outlook).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Based on the indenture
trust</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;"> agreement, the
Company is required to comply with all covenants or restrictions, including
maintaining financial ratios as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">1.&#160;&#160;&#160;&#160; Debt to equity
ratio should not exceed 2:1.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">2. &#160;&#160;&#160; EBITDA to
finance costs ratio should not be less than 5:1.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">3.&#160;&#160;&#160;&#160; Debt service
coverage is 125%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">The bonds are secured
by all of the Company&#8217;s assets, movable or non-movable, either existing or in
the future. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">The underwriters of
the bonds are PT Bahana Securities (&#8220;Bahana&#8221;), PT Danareksa Sekuritas and
Mandiri Sekuritas and PT Trimegah Sekuritas, and the trustee is PT Bank Permata
Tbk.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">The Company received
the proceeds from the issuance of bonds on June 23, 2015.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">The funds received
from the public offering of bonds net of issuance costs, were used to finance
capital expenditures which consisted of wave broadband, backbone, metro
network, regional metro junction, information technology application, support,
and merger and acquisition</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">1.&#160;&#160;&#160;&#160; Debt
to equity ratio should not exceed 2:1.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">2. &#160;&#160;&#160; EBITDA
to finance costs ratio should not be less than 4:1.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">3.&#160;&#160;&#160;&#160; Debt
service coverage is 125%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">As of September 30,
2015, the Company has complied with the above mentioned ratios.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:normal;">b.</font><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; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;font-weight:normal;line-height:normal;">MTN&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;font-weight:normal;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=arial,sans-serif lang=IN style="font-size:9.0pt;font-weight:normal;line-height:normal;">(i)
GSD</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=31% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:8.0pt;line-height:normal;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Principal</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Issuance date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;line-height:normal;">Maturity date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Interest payment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Interest rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">GSD-</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">Series
  A</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">220</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">November 14, 2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">November 14, 2019</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">11%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">GSD-</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">Series
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">B&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">120</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">March 6, 2015</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">March 6, 2020</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">11%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;font-weight:normal;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=arial,sans-serif lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:normal;">Based
on Agreement of Issuance and Appointment of Monitoring and Insurance Agents of
Medium Term Notes (MTN) PT Graha Sarana Duta year 2014 dated November 13, 2014
as covered by notarial deed No. 30 of Arry Supratno, S.H., GSD will issue MTN
with the principle amount up to Rp500 billion in series.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">PT Mandiri Sekuritas act as the Arranger,
Bank Mandiri as the Monitoring and Insurance Agent, and KSEI as Custodian. The
Funds obtained from MTN are used for investment projects.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Trade receivables, inventories, land and
building related with investment development funded by MTN that has owned or
will be owned by GSD, have been pledged as collateral for MTN (Notes 6, 7 and
10).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Under to the agreement, GSD is required
to comply with all covenants or restrictions including maintaining financial
ratios as follows</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">:&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:53.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">1.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Debt to equity ratio
should not </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">exceed&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;"> 6</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">5:1&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:53.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">2.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">EBITDA to interest
ratio should </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">not
be less than</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">
1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">2:1&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:53.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">3.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Minimum current ratio
is 120%</font></p>

<p style="margin-bottom:0in;margin-left:53.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">4.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">Maximum leverage ratio
is 450%</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;font-weight:normal;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=arial,sans-serif lang=IN style="font-size:9.0pt;font-weight:normal;line-height:normal;">As
of September 30, 2015, GSD has complied with the above mentioned ratios</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">&#160;&nbsp;</font></i></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These
consolidated financial statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">19</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BONDS AND NOTES (continued)</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">b.&#160;&#160; MTN</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;font-weight:normal;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=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">(ii)
Finnet</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=31% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:8.0pt;line-height:normal;">Notes</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Principal</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Issuance date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;line-height:normal;">Maturity date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Interest payment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Interest rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">MTN I Finnet 2015</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">200</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">July 1, 2015</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">July 1, 2022</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">Quarterlyly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">11%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;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=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">Based
on Agreement of Debt Acknowledgement of Medium Term Notes (MTN) I Finnet year
2015 dated June 30, 2015 as covered by notarial deed No. 47 of Utiek R.
Abdurrachman,SH., MLI., MKn., Finnet will issue MTN through private placement
with the principle amount up to Rp200 billion.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">PT
BNI Asset Management was acting as arranger on the MTN, PT Bank Mega Tbk was
acting as trustee and PT Kustodian Sentra Efek Indonesia (KSEI) was acting as
payment agent and collective custodian.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
funds obtained from MTN are used to Finnet&#8217;s working capital related to Modern
Channel Project as Telkomsel&#8217;s billing payment aggregator.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The MTN received A (Ind) rating from PT Fitch Rating
Indonesia. The MTN is not secured by any collateral nor guaranteed by any party.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Under to the agreement, Finnet is required to comply with
all covenants or restrictions including maintaining financial ratios as follows</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:53.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Debt to equity ratio
should not exceed 3.5:1</font></p>

<p style="margin-bottom:0in;margin-left:53.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">EBITDA to interest
ratio should not be less than 2.5:1</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;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=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">As
of September 30, 2015, Finnet has complied with the above mentioned ratios</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">c</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">.&#160;&#160; Promissory
Notes</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=31% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Supplier</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Principal </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;line-height:normal;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Issuance date</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Payment schedule</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Interest payment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;line-height:normal;">Interest rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">PT Huawei</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">0.3</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">June 19, 2009</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">Semi-annually</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">6 month LIBOR+1,5%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">0.2</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">April 30, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">(November 25, 2015 -</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">July 30, 2016)</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">       &nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">ZTE</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">0.1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">August 20, 2009</font><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;line-height:normal;"> a</font></b></sup></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">Semi-annually </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">(December 15, 2015 - February 4, 2017)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">S</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">emi-annually&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">6 month LIBOR+1.5%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">0.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;font-weight:normal;line-height:normal;">6&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160; &#160;&#160; </font><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">a</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">based on </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">the latest
amendment </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">on
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">August
15, 2011</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Based on Agreement of Frame Supply and
Deferred Payment Arrangement between the Company and ZTE and PT Huawei, the
promissory notes issued by the Company to each of ZTE and PT Huawei are vendor
financing facilities with no collateral covering 85% of Hand-over Report (&#8220;</font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Berita
Acara Serah Terima</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221;) projects with ZTE and PT Huawei.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BANK LOANS</font></b></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:9.0pt;">September
  30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:9.0pt;">December 31,
  </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=23% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Outstanding</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:9.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Original currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:9.0pt;">Rupiah equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">BNI</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6,028</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,195</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">The Bank of
  Tokyo-Mitsubishi-UFJ, Ltd.</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,745</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">600</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">75</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,099</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">BRI</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,521</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">3,398</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">3</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Bank Mandiri</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,375</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,750</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Syndication of banks</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,050</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2,200</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Bank ANZ
  Indonesia</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">90</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">75</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,099</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Bank CIMB Niaga</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">709</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">567</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">ABN Amro Bank N.V. Stockholm (&#8220;AAB
  Stockholm&#8221;) and SCB</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">26</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">382</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">38</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">478</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Japan Bank for International Cooperation
  (&#8220;JBIC&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">322</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">34</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">424</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Bank
  Sumitomo Mitsui
  Indonesia</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;"> &nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">145</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">BCA</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">131</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">373</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Others</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Total</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">18,718</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">12,001</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Unamortized debt
  issuance cost</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(76</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(71</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">18,642</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">11,930</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Current maturities
  (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">a)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(3,686</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(4,052</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Long-term portion</font></b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;"> (Note </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">17a</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">14,956</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7,878</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.45pt;text-align:justify;text-indent:-.4pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.45pt;text-align:justify;text-indent:-.4pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> for details of related party
transactions. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=23% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Borrower</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Total
  facility</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in
  billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Current
  period payment</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Payment
  schedule</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Interest
  payment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Interest
  rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Security</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">BNI</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=23% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October 13, 2010<sup>a</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,000</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">142.9</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2013-2015)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 months JIBOR+1.25%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">December 23, 2011<sup>
  a</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">PINS</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">500</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">42.9</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2013-2016)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 months JIBOR+1.50%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note 7)
  and trade receivables (Note 6)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=23% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">November 28, 2012<sup>a</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Metra</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">44</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">31</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">.2&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2015-2017)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">10.00%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and trade receivables (Note 6)</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">March 26, 2013<sup>a</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">60</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2013-2016)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">10.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and trade receivables (Note 6)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=23% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">November 20, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,500</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">187.5</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2015-2018)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 months JIBOR+2.65%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">November 25, 2013<sup>a</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">90</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">22.5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2013-2016)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">10.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and trade receivables (Note 6)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

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





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BANK LOANS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.45pt;text-align:justify;text-indent:-.4pt;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Other significant information relating
to bank loans as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September
30, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is as follows:</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:100.0%;">
 <tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Borrower</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total
  facility</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(in
  billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Current
  period payment</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Payment
  schedule</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Interest
  payment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Interest
  rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Security</font></b></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">BNI</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> (continued)</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">January 10, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">a</font></sup></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Sigma</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">247</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">22</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> months JIBOR+</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3.35</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and trade receivables (Note 6</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">J</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">uly 21</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">a</font></sup></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">40</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13.3</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2013-2015</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and trade receivables (Note 6</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">November 3, 2014<sup>a,i</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Telkom</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> Infratel</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">450</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">40.2</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2015-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1 month JIBOR+3.35%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Trade receivables
  (Note 6)</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">March 13, 2015<sup>
  a&amp;j</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2,900</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2016-2022)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 months JIBOR+2.5%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">March 13, 2015<sup>
  a&amp;j</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">100</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(2016-2022)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 months JIBOR+2.5%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">April 8, 2015<sup> a</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1,000</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">April 14, 2018</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 months JIBOR+1.95%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;text-indent:-9.0pt;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">The
  Bank of Tokyo &#8211; Mitsubishi UFJ, Ltd.</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October
  9, 2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Dayamitra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">600</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+2.4%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipmen</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">t&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">) and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">trade receivables (Note 6)</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">March 13</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5<sup> </sup><sup>a&amp;j</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Metra</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">75</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">20</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">
  JIBOR+2.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">5%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">March 13</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5<sup> </sup><sup>a&amp;j</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">70</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">20</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">
  JIBOR+2.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">5%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April
  8, 2015<sup>
  </sup><sup>a</sup></font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,000</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April
  14, 2018</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">
  JIBOR+</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1.95</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April
  8, 2015<sup>
  </sup><sup>a</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.075</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April
  14, 2018</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">
  JIBOR+</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">20</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:4.5pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">BRI</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">October 13</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">a</font></sup></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">The
  Company</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3,000</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">500</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">15</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">
  JIBOR+</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">5%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">J</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">uly 20</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">a</font></sup></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Dayamitra</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,000</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">200</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">7</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+1.40% and </font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+3.50%  </font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipmen</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">t&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April 26</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">141</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">28.1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipmen</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">t&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">) and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> lease
  agreement</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BANK LOANS (continued)</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=arial,sans-serif lang=IN 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Other significant information relating
to bank loans as of September 30, 2015 is as follows (continued):</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Borrower</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Total
  facility</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in
  billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Current
  period payment</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Payment
  schedule</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Interest
  payment period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Interest
  rate per annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Security</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">BRI
  (continued)</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">October
  30</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">G</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">SD&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">7</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2.9</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">21</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.00%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipment </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(Note
  10) and trade receivables (Note 6) and lease agreement</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">October
  30</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">34</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2.7</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">21</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipment </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">(Note
  10) and trade receivables (Note 6) and lease agreement</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> November
  20, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">The
  Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1500</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">187.5</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually
  (2015-2018)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+2.65%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Patrakom</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">28</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.4</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">16</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.95%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipmen</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">t&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">) and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">trade receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 2014</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Patrakom</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.0007</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.0003</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">15</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipmen</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">t&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">) and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">trade receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">October
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">, 2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Patrakom</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">93</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">14</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">17</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10.95</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipmen</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">t&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">) and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">trade receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Bank Mandiri</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> July
  9, 2009<sup>b </sup>and July 5, 2010<sup>b</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5,000</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">250</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annualy
  (2009-2016)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+1.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">November
  20, 2013</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">The
  Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,500</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">187,5</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annualy
  (2015-2018)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+2.65%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">August
  11, 2014</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Graha
  Yasa Selaras</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">77</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">21</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+3.25%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipment (Note </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">10</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">August
  11, 2014</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Graha
  Yasa Selaras</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">77</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-202</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+3.25%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipment (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)
  &nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April
  8, 2015</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,000</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April
  14, 2018</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+1.95%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Syndication of banks</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Desember
  19, 2012 (BNI, BRI and Bank Mandiri)<sup>a</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Dayamitra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2,500</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">150</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annualy
  (2014-2020)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3
  months</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">
  JIBOR+3.00%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property
  and equipment (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)
  and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">trade
  receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BANK LOANS (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Other significant information relating
to bank loans as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is as follows (continued):</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.36%;">
 <tr>
  <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Borrower</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Total facility</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Current period
  payment</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Payment schedule</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Interest payment
  period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Interest rate per
  annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Security</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Bank </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">ANZ
  Indonesia</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Marc
  13, 2015<sup>a&amp;j</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">90</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">June 13,
  2020</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 Months JIBOR+</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">00%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April
  8, 2015<sup>a</sup></font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.075</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">April 14,
  2018</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 Months JIBOR+</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">20</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Bank CIMB
  Niaga</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">March
  21, 2007<sup>e</sup></font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3.5</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">07</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-2015)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">75</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">May
  24, 2010<sup>f,h</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0.3</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">13.00%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10),</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note
  7), and trade receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> March
  31, 2011</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">24</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2.1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
     (2011-2020)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9.75%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> lease agreement</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">March
  31, 2011</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2011-2019)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9.75%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> lease agreement</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> March
  31, 2011</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">12</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1.4</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2011-2016)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9.75%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> lease agreement</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">September
  9, 2011</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">41</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2.9</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2011-2021)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9.75%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> lease agreement</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">September
  9, 2011</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">11</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">.8&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2011-2015)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9.75%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10) and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> lease agreement</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> August
  2, 2012<sup>f,h</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2012-2015)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13.00%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and equipment
  (Note 10),</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note
  7), and trade receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">September
  20, 2012<sup>a</sup></font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">TLT</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1,150</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">15</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">30</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">3 months JIBOR+</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">45</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>





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<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These
consolidated financial statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in tables
are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BANK LOANS (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Other significant information relating
to bank loans as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is as follows (continued):</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=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160; &nbsp;</font><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#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; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.36%;">
 <tr>
  <td valign=bottom width=21% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Borrower</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Total facility</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Current period
  payment</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Payment schedule</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Interest payment
  period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Interest rate per
  annum</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Security</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Bank</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> CIMB Niaga
  (continued)</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">September
  20, 2012<sup>a</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">TLT</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">118</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2015-2030)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">00%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">October
  10, 2012<sup>f,h</sup></font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.3</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2012-2015)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10),</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note
  7), and trade receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> August
  26, 2013<sup>f,h</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Balebat</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3.5</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.5</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly
  (2013-2018)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Monthly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">13.00</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Property and
  equipment (Note 10),</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Inventories (Note
  7), and trade receivables (Note 6)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">AAB
  Stockholm and SCB</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">December
  30, 2009<sup>b&amp;c</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.3</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.01</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-an</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">n</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">ually&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6 months
  LIBOR+0.82</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">JIBC</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">March
  26, 2010<sup>a&amp;d</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.06</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.006</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">          &nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-an</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">n</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">ually&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4.56%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> March
  28, 2013<sup>a&amp;g</sup></font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">The Company</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">US$</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.03</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.006</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">9</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">          &nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-an</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">n</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">ually&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">2.18% and 6
  months LIBOR+1.20%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Bank
  Sumitomo Mitsui Indonesia</font></b></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">March
  13, 2015<sup>a&amp;j</sup></font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">75</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly
  (2016-2020)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3 months
  JIBOR+2.15%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> March
  13, 2015<sup>a&amp;j</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">70</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly
  (2016-2020)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3 months
  JIBOR+2.15%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">BCA</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">July
  9, 2009<sup>b </sup>and July 5, 2010<sup>b</sup></font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4,000</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">222.2</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">09</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3 months
  JIBOR+1.00%</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> December
  16, 2010<sup>a</sup></font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">TII</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Rp</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">200</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">20</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Semi-annually</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(20</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">11</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">-201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Quarterly</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">3 months
  JIBOR+1.25%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">None</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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=arial,sans-serif lang=IN style="font-size:10.0pt;">T</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he
credit facilities obtained by the Group are used for working capital purposes.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">73</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_79"></a><a name="_bclPageBorder79"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in tables
are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-22.5pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">20.&#160; BANK LOANS (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">a&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">As stated in the
agreements, the Group</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> is</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">
required to comply with all covenants or restrictions such as dividend
distribution, obtaining new loans, including maintaining financial ratios. As
of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">September&#160;
30, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">,
the Group </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">has&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> complied with all
covenants as restrictions.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">b</font></sup><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Telkomsel has no
collateral for its bank loans, or other credit facilities. The terms of the
various agreements with Telkomsel&#8217;s lenders and financiers require compliance
with a number of pledges and negative pledges as well as financial and other
covenants, which include, among other things, certain restrictions on the
amount of dividends and other profit distributions which could adversely affect
Telkomsel&#8217;s capacity to comply with its obligation under the facility. The
terms of the relevant
agreements
also contain default and cross default clauses. As of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">September&#160; 30, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">, Telkomsel has complied
with the above covenants.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">c</font></sup><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Pursuant to the
agreements with PT Ericsson Indonesia (&#8220;Ericsson Indonesia&#8221;) and Ericsson AB
(Note 41a.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 facility 1, 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> and 3 amounting to
US$117 million, US$106 million, and US$95 million, respectively. The
availability period of facility 1, 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;"> 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="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">d</font></sup><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">In connection with the
agreement with NSW-Fujitsu Consortium, the Company entered into a loan
agreement with JBIC, the international arm of Japan Finance Corporation, for
the purchase of NSW-Fujitsu Consortium telecommunication equipment and
services. The facilities consist of facility A and B amounting to US$36 million
and US$24 million, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">e</font></sup><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">Based on the latest
amendment on March 31, 2011</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">f</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; Based on the latest
amendment on September 22, 2014</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">g</font></sup><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160;&#160; </font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">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 A and facility B amounting
to US$18.8 million and US$12.5 million, respectively</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">h</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">MD Media&#8217;s
subsidiary</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">i</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; Based on the latest
amendment on </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">July 13</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">j</font></sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">O</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">n </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">March 13</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5, Company,
GSD Metra and Infomedia signed several credit facilities agreements with PT
Bank Sumitomo Mitsui Indonesia, The Bank of Tokyo &#8211; 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; NON-CONTROLLING INTERESTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=SV style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Non-controlling interests in net
  assets of subsidiaries:</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">16,026</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">18,06</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">GSD</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">149</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">125</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">Metra</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">65</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">89</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">TII</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">54</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">42</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">16,294</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">18,323</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">Non-controlling interests in total </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">profit or loss and other comprehensive income </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">of subsidiaries:</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IT style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Telkomsel</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,768</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4,821</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">GSD</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">15</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">TII</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Metra</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">17</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,792</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4,833</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;text-decoration:none;">&nbsp;</font></sup></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; NON-CONTROLLING INTERESTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:0pt;margin-top:0in;text-align:justify;"><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Material
partly-owned subsidiary</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;text-decoration:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:.5pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014, the non-controlling interest
holds 35% ownership interest in Telkomsel (Note 1d) which is considered
material to the Company.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:.5pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The summarized financial information
of Telkomsel is provided below. This information is based on amounts before
inter-</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> eliminations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><i><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Summarized statements of
financial position</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=red face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=red face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Current
  assets</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">24,287</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">19,767</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Non-current
  assets</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">58,568</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">58,887</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Current
  liabilities</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(31,739</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(18,573</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Non-current
  liabilities</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(5,324</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(8,457</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Total
  equity</font></b></p>
  </td>
 <td valign=bottom width=19% 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">45,792</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">51,624</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Attributable
  to:</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Equity holders of parent</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;"> company</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">29,766</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">33,557</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Non-controlling interest</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">16,026</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">18,067</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Summarized
statement</font></i><i><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">s&nbsp;</font></i><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> of profit or loss and other </font></i><i><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">comprehensive
income</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Revenue</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">s&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">55,625</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">48,407</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Operating expenses</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(33,679</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(30,138</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Other income</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(17</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">26</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Profit before tax</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">21,929</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">18,295</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Income tax expense - net</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(5,447</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(4,519</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Profit for the year from continuing
  operations</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">16,482</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">13,776</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Other comprehensive income - net</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> comprehensive income</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">16,482</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">13,776</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Attributable to non-controlling interest</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,768</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4,821</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Dividend paid to non-controlling interest</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,112</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,464</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif 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;"><i><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Summarized statements of cash
flows</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.05pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">, </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2014,&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Operating activities</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">28,095</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">23,442</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Investing activities</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(9,643</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(4,208</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Financing activities</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(14,279</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(14,366</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Net increase in
  cash and cash equivalents</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(4,173</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,868</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">75</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; CAPITAL STOCK</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&#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; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=49% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Description</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Number of shares</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Percentage of ownership</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total paid-up capital</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Series A Dwiwarna share</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Government</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Series B shares</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Government</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">51,602,353,559</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">52.56</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,580</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">The Bank
  of New York Mellon Corporation*</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9,057,829,980</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9.23</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">453</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:10.0pt;">Directors
  (Note 1b):</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Alex
  J Sinaga</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">540</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:10.0pt;">Indra
  Utoyo</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">27,540</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Honesti
  Basyir</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">540</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Dian
  Rachmawan</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">60,540</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Public
  (individually less than 5%)</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">37,515,580,900</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">38.21</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,876</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">98,175,853,600</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">100.00</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4,909</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Treasury
  stock (Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,624,142,800</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">131</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">100,799,996,400</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">100</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.00&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5,040</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:32.85pt;text-align:justify;text-indent:-14.85pt;"><font color=windowtext face=arial,sans-serif 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:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=51% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=49% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=51% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Description</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Number of shares</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Percentage of ownership</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total paid-up capital</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Series A Dwiwarna share</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Government</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Series B shares</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Government</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">51,602,353,559</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">52.56</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,580</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">The Bank
  of New York Mellon Corporation*</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9,472,920,180</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9.65</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">474</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:10.0pt;">Directors
  (Note 1b):</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:10.0pt;">Indra
  Utoyo</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">27,540</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Honesti
  Basyir</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">540</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Dian
  Rachmawan</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">60,540</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Public
  (individually less than 5%)</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">37,100,491,240</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">37.79</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,855</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">98,175,853,600</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">100.00</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4,909</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Treasury
  stock (Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,624,142,800</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">131</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=51% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">100,799,996,400</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">100.00</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5,040</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:32.85pt;text-align:justify;text-indent:-14.85pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">*&#160;
The Bank of New York Mellon Corporation serves as the Depositary of registered
ADS holders for the Company&#8217;s ADSs.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; ADDITIONAL PAID-IN CAPITAL</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Proceeds
  from sale of 933,333,000 shares in excess of par value through IPO in 1995</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,446</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,446</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Excess of
  value over cost of selling 21</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">000</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">00</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0 shares under the treasury stock
  plan phase I</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">I&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> (Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">576</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">576</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Excess of
  value over cost of selling 211,290,500 shares under the treasury stock plan
  phase I (Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">544</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">544</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Difference
  in value arising from restructuring transactions and other transactions
  between entities under common control (Note 2d)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">478</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">478</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Excess of
  value over cost of treasury stock transferred to employee stock ownership
  program (Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">228</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">228</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Capitalization
  into 746,666,640 Series B shares in 1999</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(373</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">(373</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,899</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2,</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">899&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Difference
in value arising from restructuring transactions and other transactions of
entities under common control amounting Rp478 billion arose from the early
termination of the Company&#8217;s exclusive rights to provide local and inter-local
fixed line telecommunication services, for which the Company is required by the
Government to use the funds received from this compensation for the development
of telecommunication infrastructure. As of</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the accumulated development of the
related infrastructure amounted to</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
Rp537 billion, respectively.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TREASURY STOCK </font></b></p>

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

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=31% style="border-bottom: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=Arial,sans-serif style="font-size:8.0pt;">Maximum Purchase</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="border-bottom: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=Arial,sans-serif style="font-size:8.0pt;">Phase</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Basis</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif style="font-size:8.0pt;">Period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Number of Shares</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">I</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">EGM</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">December 21, 2005 - June 20, 2007</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,007,999,964</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Rp5,250</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">II</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">AGM</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">June 29, 2007 - December, 28, 2008</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">215,000,000</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Rp2,000</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">III</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">AGM</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">June 20, 2008 - December 20, 2009</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">339,443,313</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Rp3,000</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">BAPEPAM - LK</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">October 13, 2008 - January 12, 2009</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4,031,999,856</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Rp3,000</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">IV</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">AGM</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">May 19, 2011 &#8211; November 20, 2012</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">645,161,290</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Rp5,000</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:11.0pt;">Movements
in treasury stock as a result of the repurchase of shares are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=35% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=34% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, </font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Number of
  share</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">s&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% 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=Arial,sans-serif style="font-size:10.0pt;">%</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% 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=Arial,sans-serif style="font-size:10.0pt;">Rp</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Number of
  shares</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% 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=Arial,sans-serif style="font-size:10.0pt;">%</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% 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=Arial,sans-serif style="font-size:10.0pt;">Rp</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Beginning balance</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,624,142,800</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2.60</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,836</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,699,142,800</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3.67</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,805</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Proceed</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> from</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  sale of treasury stock</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(1,075,000,000</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(1.07</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=8% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(1,969</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Ending balance</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,624,142,800</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2.60</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,836</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,624,142,800</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2.60</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,836</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TREASURY STOCK (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 phase I, II, and III to
become (i) for reissuance inside or outside 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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN 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=arial,sans-serif lang=IN style="font-size:10.0pt;">Pursuant to the AGM of Stockholders of the Company held
on May 19, 2011, the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">tockholders approved to
execute the repurchase plan for treasury stock </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">p</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">hase
IV.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN 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=arial,sans-serif lang=IN style="font-size:10.0pt;">In 2012, the Company bought back 237,270,500 shares </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(equal to 1,186,352,500 shares after
stock split) </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">from
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">public (</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">part of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">stock
repurchase program </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">p</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">hase IV) for Rp 1,744 billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In
the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">AGM&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif 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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">,368&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">
billion</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> (net of related costs to sell the shares)</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">. 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=Arial,sans-serif 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=Arial,sans-serif 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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">On </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">June 13</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2014</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the Company resold </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">215,000,000&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">
shares (equal to </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,075,000,000&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> shares after stock split) of
treasury stock phase </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">II&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> with fair value amounting to Rp</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,541&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion (net of </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">related&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> cost to sell
the shares). The excess amounting to Rp</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">576&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion in
value of the treasury stock sold over their acquisition cost was recorded as additional
paid-in capital (Note 2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=Arial,sans-serif 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=Arial,sans-serif lang=IN 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=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; REVENUES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Telephone revenues</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:10.0pt;">Cellular</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=FR style="font-size:10.0pt;">Usage charges</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">26,367</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">24,073</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Features</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">761</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">561</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Monthly subscription charges</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">324</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">439</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">27,452</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">25,073</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Fixed lines</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Usage charges</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,466</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4,221</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Monthly subscription charges</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,171</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,072</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Call center</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">813</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">473</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">72</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">76</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,522</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,842</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">elephone </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">r</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">33,974</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">31,915</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Interconnection </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">r</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Domestic interconnection</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,990</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,192</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">International interconnection</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,403</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,340</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">i</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">nterconnection </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">r</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,393</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,532</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">78</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="arial italic" lang=EN-US style="font-size:8.0pt;">These consolidated financial statements are
originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; REVENUES</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Data, </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">i</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">nternet, and </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">i</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">nformation </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">t</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">echnology </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">s</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">ervice&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> r</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Internet, data communication and information technology
  services</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">23,369</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">17,308</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Short
  Messaging Services (&#8220;SMS&#8221;)</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">11,154</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">10,319</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">E-business</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">86</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">105</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Voice
  over Internet Protocol (&#8220;VoIP&#8221;)</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">19</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">19</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">d</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">ata, </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">i</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">nternet, and </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">i</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">nformation </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">t</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">echnology </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">s</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">ervice&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> r</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">34,628</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">27,751</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Network </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">r</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Leased
  lines</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">429</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">491</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Satellite
  transponder lease</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">423</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">348</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">n</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">etwork </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">r</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">852</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">839</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Other </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">t</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">elecommunications </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">s</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">ervice </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">r</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Customer
  Premise Equipment (&#8220;CPE&#8221;) and terminal</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1.180</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">252</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Leases</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">604</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">609</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Pay
  TV</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">227</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">69</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">E-health revenue</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">143</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">120</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Directory
  assistance</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">104</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">196</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">USO Compensation</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">20</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">139</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:9.0pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> </font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Others&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">594</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">419</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">o</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">ther </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">t</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">elecommunications </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">s</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">ervice </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">r</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">evenues&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,872</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,804</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> revenues</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">75,719</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">65,841</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:center;"><sup><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">The details of </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">net
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">revenues received by </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he Group from agency
relationships for the nine</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> months period ended </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">
30,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> 2015 and 2014 </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">are as </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">follow</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">s</font><font color=windowtext face=Arial,sans-serif lang=IN 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=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Gross revenues</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">23,886</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">17,601</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Compensation to value added service
  providers</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(517</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(293</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net revenues</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">23,369</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">,</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">308&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

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

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to
Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> for details of related party
transactions. </font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">79</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PERSONNEL EXPENSES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font></b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The breakdown of personnel expenses is
as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Salaries and related
  benefits</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,952</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,739</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Vacation pay,
  incentives and other benefits</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3,257</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,554</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Employees&#8217; income tax</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,277</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,050</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Early
  retirement program</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">699</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net periodic pension
  costs (Note 3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">406</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">416</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net periodic
  post-retirement health care benefit costs (Note 3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">183</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">224</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Housing</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">161</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">167</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Insurance</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">103</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">76</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">LSA
  expenses (Note 34)</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">67</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">47</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Other
  employee benefit (Note 33)</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">38</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">24</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Other
  post-retirement benefit costs (Note 33)</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">35</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">36</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Others </font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">29</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">65</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9,207</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7,398</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">27.&#160; OPERATIONS, MAINTENANCE
AND TELECOMMUNICATION SERVICE EXPENSES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:4.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font></b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The breakdown of operations,
maintanance and telecommunication service expeses is as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Operations and
  maintenance</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">12,247</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9,765</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Radio frequency usage
  charges (Notes </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">39</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">c.i and </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">39</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">c.ii)&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,640</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,392</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Concession fees and
  Universal Service Obligation charges</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,584</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,375</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Cost of phone, set
  top box, SIM and RUIM cards</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,450</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">459</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Leased lines and CPE</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">978</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">539</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Electricity, gas and
  water</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">728</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">827</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Cost of IT services</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">711</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">279</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Vehicles rental and
  supporting facilities</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">504</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">438</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Insurance</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">234</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">249</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Management
  project</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">126</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">123</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Others</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">
  (each below Rp75 billion)</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">93</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">318</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">21,295</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">764&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to
Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> for details of related party
transactions. </font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">80</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI
INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period Then Ended
(Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; GENERAL AND ADMINISTRATIVE EXPENSES</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The breakdown of general and
administrative expeses is as follows:</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment of
  receivables </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(Note
  6d)</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">948</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">375</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">General expenses</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">814</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">608</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Collection expenses </font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">321</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">78</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Training, education and recruitment </font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">288</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">374</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Travelling</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">239</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">254</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Professional fees</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> &nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">237</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">220</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Meeting</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">111</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">126</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others (each below Rp75 billion)</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">315</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">355</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,273</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,390</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

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

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to
Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> for details of related party
transactions. </font></p>

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

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

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">29.&#160; INTERCONNECTION EXPENSES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font></b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The breakdown of interconnection
expeses is as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=FR style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Domestic interconnection and access</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,814</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,796</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">International interconnection</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">886</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">884</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,700</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,680</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Refer to Note 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
for details of related party transactions.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Claims for tax refund</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">The Company</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Value
  added tax (&#8220;VAT&#8221;)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">298</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">298</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Corporate
  income tax</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">424</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">60</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Subsidiaries</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Corporate
  income tax</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">193</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">363</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Value
  tax added (&#8220;VAT&#8221;)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">305</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Income
  tax</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Article 23 - Withholding tax on service delivery</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">10</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total claims for tax
  refund</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">918</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,036</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Short-term portion</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(66</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(291</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Long-term portion</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">852</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">745</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><sup><font color=red face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:70%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></sup></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; Prepaid taxes</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=red face=Arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Subsidiaries</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:13.65pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Corporate
  income tax</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">72</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">28</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:13.65pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">VAT</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,367</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">835</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:13.65pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Income
  tax</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:27.8pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Article
  22 - Withholding tax on goods delivery and</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> imports</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:27.8pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Article
  23 - Withholding tax on service delivery</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">72</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">27</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,513</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">890</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

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

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=red face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Taxes payable</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=red face=Arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 2015</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">The Company</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Income taxes</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Article 4 (2) - Final tax</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">15</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">27</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 21 - Individual income tax</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">46</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=ES style="font-size:10.0pt;">25</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 22 - Withholding tax on
  goods delivery and imports</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 23 - Withholding tax on
  service delivery</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">20</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=ES style="font-size:10.0pt;">10</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 25 - Installment of corporate
  income tax</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">61</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 26 - Withholding tax on
  non-resident income</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=ES style="font-size:10.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">VAT</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">VAT</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">124</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">197</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">VAT </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&#8211; Tax collector</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">178</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">257</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">386</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">581</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Subsidiaries</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Income taxes</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 4 (2) - Final tax</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">48</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">81</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 21 - Individual income tax</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">103</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">97</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 22 - Withholding tax on
  goods delivery and imports</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 23 - Withholding tax on
  service delivery</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">93</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">72</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 25 - Installment of
  corporate income tax</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">567</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">483</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 26 - Withholding tax on
  non-resident income</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">176</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">28</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Article 29 - Corporate income tax</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,279</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">957</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">VAT</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">548</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">77</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,816</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,795</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,202</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,376</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=red face=arial,sans-serif lang=X-NONE style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></sup>
</p>
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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial statements are
originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

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<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; The
components of income tax expense (benefit) are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Current</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">The
  Company</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">128</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">708</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Subsidiaries</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6,029</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,797</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6,157</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,505</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Deferred</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">The
  Company</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(6</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(25</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Subsidiaries</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(168</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(49</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(174</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(74</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,983</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,431</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=Arial,sans-serif 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 color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 Statement of profit or loss and other
comprehensive income is as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=red face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Profit before income
  tax</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">23,320</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">21,532</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Less income subject
  to final tax</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(1,433</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(1,246</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">21,887</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">20,286</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Tax calculated at the Company&#8217;s applicable statutory tax
  rate of 20%</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,377</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,057</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Difference in
  applicable statutory tax rate for subsidiaries</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,122</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">951</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Non-deductible
  expenses</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">235</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">345</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Final income tax
  expenses</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">134</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">72</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">115</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:3.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net income tax
  expense</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,983</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,431</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=red face=Arial,sans-serif lang=EN-US style="font-size:3.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

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

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; The
components of income tax expense (benefit) are as follows: (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
reconciliation between the profit before income tax and the estimated taxable
income of the Company for the year ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015 and 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=red face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Profit before income tax</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">23,320</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">21,532</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Add back consolidation eliminations</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,462</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9,487</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Consolidated profit before income tax and eliminations</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">34,782</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">31,019</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Less: profit before income tax of
  the subsidiaries</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(22,813</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(18,823</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Profit before income tax attributable to the Company</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,969</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">12,196</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Less</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">:&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> income subject to final tax</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(531</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(507</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,438</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,689</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Temporary differences:</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Finance lease </font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">252</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(8</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net periodic pension and other post-retirement benefits
  costs </font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">116</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">220</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment of assets</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">190</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for impairment an</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">d&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(211</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(183</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Depreciation and gain on sale of property and equipment
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">trade
  receiveables written off </font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(209</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">270</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Deferred installation fee</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(25</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for personnel expenses</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(350</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Other provisions</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(107</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net temporary differences</font></b></p>
  </td>
 <td valign=bottom width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(189</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=19% 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">141</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Permanent differences:</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net periodic post-retirement health care benefit costs</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">183</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">223</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Employee benefits </font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">149</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">161</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Donations </font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">116</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">167</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Equity in net income of associates and subsidiaries</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(11,482</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(9,496</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">108</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">297</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net permanent differences</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(10,926</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8,648&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Taxable income of the Company</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">323</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,182</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Current corporate income tax expense</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">64</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">636</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Final income tax expense</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">64</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">72</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total current income tax expense of the Company</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">128</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">708</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Current income tax expense of the subsidiaries</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,029</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4,797</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total current income tax expense</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,157</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5,505</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

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

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">The components of
income tax expense (benefit) are as follows: (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Tax Law No. 36/2008
which </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">is
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">futher
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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">therefore, for</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> the</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> purpose of
calculating income tax expense and liabilities for the financial reporting
periods ended
September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">, 2015 and
2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">the Company
has </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">reduced
the</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">
applicable tax rate by 5%</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">The Company applied </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">the&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> tax rate of 20% for
the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">nine
months period </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">ended
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> 30, 2015 and 2014.
The subsidiaries applied a tax rate of 25%</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> for the nine months
period ended September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">
30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">,
2015 and 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=red face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">e.&#160;&#160; Tax assessment</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;margin-right:1.1pt;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">(i)&#160;&#160; The Company</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">In November 2013, the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">C</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">ompany received Tax
Underpayment Assesment L</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">etters&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> (</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">&#8220;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">SKPKBs</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">&#8221;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">) No.
00056/207/07/093/13 to No.00065/207/07/093/13 dated November 15, 2013, for the
underpayment of VAT for the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">period&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> Januar</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">y - </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">September and November 2007</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> amounting to Rp142
billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">.
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">On
January 20, 2014, the Company filed </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">its&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> objection to the Tax Authorities. The Company</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> has received
the rejection of its objection through The Directorate General of Taxation
(&#8220;DGT&#8221;) decision letter No. 2498 to 2504 and 2541 to 2543/WPJ.19/2014 dated December
16 and 18, 2014, respectively. The Company </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">accepted the assessment on the underpayment</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> of VAT
amounting to Rp22 billion (including penalty of Rp10 billion). </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">The accepted portion
was</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">
charged to </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">the
2014 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">consolidated
s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">tatement
of profit or loss and other comprehensive income</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">. </font><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">The
Company
has filed an appeal against the refusal of objections </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">VAT </font><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">Interconnection No. Tel. 59 / KU000 / COP-10000000/2015
to No. Tel.
59 / KU000
/ COP-10000000/2015
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">dated
</font><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">March 12, 2015.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">In November 2014, the Company received
SKPKBs as </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">the
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">result
of tax audit for fiscal year 2011 from the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Tax Authorities</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">. Based on </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">the letters</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">, the Company
received VATUnderpayment assesment for the tax period January </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">until&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> December 2011
amount</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">ing&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> to Rp182.5
billion (including penalty Rp60 billion) and</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> corporate i</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">ncome tax underpayment assesment amount</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">ing&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> to Rp2.8
billion (including penalty of Rp929 million). The Company has paid the
underpayment. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">The
accepted portion on the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">underpayment VAT. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">amounting to Rp4.7 billion (including penalty </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Rp2 billion) </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">was&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> charged to the 2014
consolidated </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">tatement of profit or
loss and other comprehensive income</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> and</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> the</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> portion of VAT Interconnection amount</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">ing to</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> Rp178 billion (including
penalty of Rp58 billion) recognized as tax refund underpayment. </font><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">The
Company filed an objection VAT interconnection
transactions in 2011 on January 7, 2015 No. Tel. 03 / KU000 / COP-10000000/2015
to No. Tel.
14 / KU000
/ COP-10000000/2015
to the Tax Authority.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=red face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">(ii)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Telkomsel&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">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 December 2008 Income Tax
Article 25 amounting to Rp429 billion (including a penalty of Rp8 billion). In
May 2010, Telkomsel fi</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">led&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">
a contra-appeal to the SC. As of the date of approval and authorization for
issuance of these consolidated financial statements, the judicial review is
still in process</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=red face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">TAXATION (continued)</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e.&#160;&#160; Tax assessment (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(ii)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 2004 and 2005 assesment
for VAT totaling Rp215 billion. In September 2010, Telkomsel filed a
contra-appeal to the SC. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Based
on its verdict which was received in June 2014, the SC decided to reject the request
from the Tax Authorities. The SC verdict is legally binding in favour of
Telkomsel.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">In May and
June 2012, Telkomsel received the refund of penalty of 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
issuance of these consolidated financial statements, the judicial review is
still in process. </font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">On March 12,
2012, Telkomsel received assessment letters as a result of a 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 portion was charged to the 2012 consolidated Statement
of profit or loss and other comprehensive income. On April 5, 2012, Telkomsel
received a refund for the overpayment of corporate income tax for fiscal year
2010 amounting to Rp294.7 billion, net of underpayment of VAT. On May 24, 2012,
Telkomsel filed an objection to the Tax Authorities for 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. </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">On March 16, 2015, the Tax court received the appeal of
2010 VAT totaling Rp290.6 billion. On May 13, 2015, Telkomsel received VAT
refunds Rp290.7 billion (net of Tax Collection Letter Rp3,837 million). In May
2015, Telkomsel requested to cancel the Tax Collection Letter to the Tax
Authority. As of the date of approval and authorization for issuance of these consolidated
financial statement, the appeal is still in progress, and those amount recorded
as a part of tax refund.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">In December
2013, the Tax Court accepted Telkomsel&#8217;s appeal on 2006 VAT and withholding
taxes totaling Rp116 billion. </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">In February 2014, Telkomsel
received the refund. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">On January
22, 2014, Telkomsel received a formal verdict from the Tax Court concerning the
former&#8217;s claim for tax refund for import duties. Based on its verdict, Tax
Court accepted the portion of Telkomsel&#8217;s claim. </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">In February 2014</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
Telkomsel submitted a request to refund the accepted portion of the claim
amounting to Rp8.5 billion. On September 30, 2014, Telkomsel received a partial
refund of the claim for import duties amounting to Rp587 million (including
penalty Rp579 million). Subsequently, on October 2, 2014, Telkomsel received </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">a refund for VAT and income tax article 22 amounting to Rp7.92 billion</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=red face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">86</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT TELEKOMUNIKASI
INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e.&#160;&#160; Tax assessment (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(ii)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=red face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="background:white;font-size:10.0pt;">On November 7, 2014, Telkomsel received assessment letters as
a result of a tax audit for the fiscal year 2011 by the Tax Authorities. Based on
the letters, Telkomsel underpaid the corporate income tax, value added tax 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&nbsp;billion of the underpayment of corporate income tax,
Rp1 billion of the underpayment of the value added tax and Rp2.2 billion of the
underpayment of the withholding tax (including penalty of Rp3.5 billion). The
accepted portion was charged to the 2014 statement of profit and loss and other
comprehensive income. In December 2014, Telkomsel paid the underpayments. In
December 2014 and February 2015, Telkomsel filed an objection to the Tax
Authorities for the underpayment of corporate income tax of Rp250 billion
(including penalty of Rp81.1 billion) and value added tax of Rp1.9 billion
(including penalty of Rp670 million), respectively. The underpayments were
recorded as part of a claim for tax refund. As of the date of approval and
authorization for issuance of these financial statements, the objection on the
corporate income tax assessment is still in process. </font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="background:white;font-size:10.0pt;">On July 3, 2015, in response to Telkomsel&#8217;s letter for
claiming interest income related to VAT and Withholding Tax for fiscal year
2006, Tax Authorities informed&nbsp;that Telkomsel's claim will not be
proceeded since the Tax Authorities filed a judicial review to supreme court.
As of the date of the report, Telkomsel has not received a formal letter from
Tax Court for the judicial review.</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="background:white;font-size:10.0pt;">In August 2015, Telkomsel received the letter from the Tax
Authorities which notified that the Tax Authorities has confirmed that tower
should be classified as building and depreciated for 20 years. This letter is
based on specific tax ruling on fiscal depreciation of tower issued in July
2015. Subsequently, part of claim for tax refund has been reclassified for
principal portion to deferred tax liabilities and penalty charged to profit and
loss amounting to Rp125 billion and Rp60 billion, respectively. </font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="background:white;font-size:10.0pt;">In accordance with tax regulation, in September 2015
Telkomsel revised the fiscal depreciation calculation of tower and filed the
revised Corporate Income Tax Return for fiscal year 2012, 2013, and 2014. As
the impact of the revised, Telkomsel reclassified the deferred tax liabilities
to current tax payable and paid the underpayment of Corporate Income Tax
amounting to Rp174 billion. Subsequently, on September 11, 2015,&#160; The
Indonesian Tax Authorities issued Tax Collection Letters (&#8220;STPs&#8221;) amounting to
Rp67 billion for Corporate Income Tax late payment penalty of 2012 to 2014. On
September 21, 2015, Telkomsel filed the request for cancellation of such STPs
to Tax Authority based on prevailing tax reinventing policy. As of the date of
approval and authorization for issuance of these financial statements, the
request is still in process. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=red face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>





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</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%">

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">f.&#160;&#160;&#160; Deferred tax assets and
liabilities (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The details of the Group's deferred
tax assets and liabilities are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=red face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.4%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">December 31, </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:7.5pt;">(Charged)</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">credited to the
  consolidated statements of </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">profit or loss</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:7.5pt;">Reclassification</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;"> 30, 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">The Company</font></b></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">Deferred tax assets:</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">Provision for
  impairment of receivables</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">470</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">(41</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">429</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">Net periodic pension
  and other post-retirement benefits costs</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">30&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">352</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">Accrued expenses and
  provision for inventory obsolescence</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">76</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">(19</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">57</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">Employee benefit
  provisions</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">72</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">71</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">Deferred </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">installation
  fee</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">72</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">(5</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">67</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">Finance
  leases</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">22</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">51</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">73</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">Total deferred tax assets</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">1,042</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">7</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.5pt;">1,049</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=red face=arial,sans-serif 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=red face=Arial,sans-serif 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;margin-left:.5in;width:96.32%;">
 <tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax
  liabilities:</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Difference between accounting and tax bases of property
  and equipment</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">1.458&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,456</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Valuation of long-term investment</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(69</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(69</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Land rights, intangible assets, and others</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(14</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(3</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(17</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Total deferred tax
  liabilities</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,541</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,542</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax
  liabilities of the Company - net</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(499</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">6</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(493</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Telkomsel</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax assets:</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Provisions</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;"> for e</font><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">mployee benefit</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">s&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">274</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">36</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">310</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Provision for impairment of receivables</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">129</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">42</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">171</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Recognition of i</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">nterest under USO arrangements</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Total deferred tax
  assets</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">403</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">78</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">481</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax liabilities:</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Difference between accounting and tax bases of property
  and equipment</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2,044</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">209</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">299</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,536</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Finance leases</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(254</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(95</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(349</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Intangible assets</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(61</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(54</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Total deferred tax
  liabilities</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2,359</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">121</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">299</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,939</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax
  liabilities of Telkomsel - net</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,956</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">199</font></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">299</font></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,458</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax
  liabilities of other subsidiaries - net</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(248</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(17</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=top width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(265</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax
  liabilities - net</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2,703</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">188</font></b></p>
  </td>
 <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">299</font></b></p>
  </td>
 <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2,216</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax
  assets - net</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">95</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">42</font></p>
  </td>
 <td valign=bottom width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></b></p>
  </td>
 <td valign=top width=3% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">137</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=red face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><sup><font color=red face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Desember 31,
  2013 </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(Restated)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(Charged)</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">c</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">redit to the </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">c</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">onsolidated
  statement of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">profit or loss</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(Charged)</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">credit to the
  other comprehensive </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Income&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">December 31, </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2014&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">The Company</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred tax assets:</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Provision
  for impairment of receivables</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">446</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">24</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">470</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Net
  periodic pension and other post-retirement benefits costs</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">341</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">74</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(85</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">330</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Accrued
  expenses and provision for inventory obsolescence</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">27</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">49</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">76</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Employee
  benefit provisions</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">143</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(71</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">72</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Deferred
  installation fee</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">70</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">2</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">72</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Finance
  leases</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">13</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">22</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">Total deferred tax
  assets</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1,036</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">91</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(85</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">1,0</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">42&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=red face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&#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; &nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">88</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">f.&#160;&#160;&#160; Deferred tax assets and
liabilities (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Desember 31, 2013 </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(Restated)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif style="font-size:8.0pt;">(Charged) </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">c</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">redit to
  the consolidated statement of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">profit or loss</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(Charged) credit to the other comprehensive </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Income&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">December 31,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;"> 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax liabilities:</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Difference between
  accounting and tax bases of property and equipment</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(1.543</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">85</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(1.4</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">58&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Valuation of long-term
  investment</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(70</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(69</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Land rights, intangible
  assets, and others</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(11</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(3</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(14</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total deferred tax liabilities</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(1.624</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">83</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(1.541</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax liabilities of the Company - net</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(588</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">174</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(85</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(499</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Telkomsel</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax assets:</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Provisions for employee
  benefits</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">207</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">27</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">40</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">274</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">121</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">8</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">129</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Recognition of interest
  under USO arrangements</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total deferred tax assets</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">328</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">35</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">40</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">403</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax liabilities:</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Difference between
  accounting and tax bases of property and equipment</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,268</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">224</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,044</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Finance leases</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(121</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(133</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(254</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Intangible assets</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(62</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(61</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total deferred tax liabilities</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,451</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">92</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,359</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax liabilities of Telkomsel - net</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">123&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">40</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(1,95</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax liabilities of other subsidiaries - net</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(197</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=16% 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(51</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(248</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax liabilities - net</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,908</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">250</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(45</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(2,703</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Deferred tax assets - net</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">67</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">25</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">95</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the aggregate amounts of temporary
differences associated with investments in subsidiaries and associated
companies, for which deferred tax liabilities have not been recognized </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">were Rp23,532 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">billion and Rp2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7,112&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 could reduce if
actual future taxable income is lower than estimates.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;margin-right:1.1pt;margin-top:0in;text-align:justify;"><font color=red face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">g.&#160;&#160; Administration </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">From 2008 to 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
the Company has been consecutively entitled to income tax rate reduction of 5%
for meeting the requirements in accordance with the Government Regulation No.
81/2007 in conjunction with the Ministry of Finance Regulation No.
238/PMK.03/2008. On the basis of historical data, for the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">nine months period ended September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the Company calculates the deferred tax using the tax
rate of 20%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The taxation laws of Indonesia require
that the Company and its local subsidiaries 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 of the time the tax became due, but not later than
2013, while for fiscal years 2008 and onwards, the period is within five years
of the time the tax became due.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">89</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

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<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TAXATION (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">g.&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Administration
(continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">The Minist</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">ry&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> 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 (&quot;SOEs&quot;)
to withhold, deposit and report VAT and Sales Tax on Luxury Goods
(&quot;PPnBM&quot;) 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">The
Company
received a letter from the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">Large Tax
Office Four
</font><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">No. Pemb-00 427 / WPJ.19 / KP.0405
/ RIK.SIS /
2015 dated June
29, 2015 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">regarding
the notice of field examination for the tax period </font><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">January
to
December 2014. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">T</font><font color=windowtext face=arial,sans-serif lang=EN style="font-size:9.5pt;">here
is no
tax audit performed for fiscal years
2010, 2012, and
2013.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">T</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">he Company received a
certificate of tax audit exemption from the DGT for fiscal years 2010 and 2012 which is valid unless
the Company files for corporate income tax overpayment, in which case a tax
audit will be performed.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; BASIC AND DILUTED EARNINGS PER
SHARE </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Basic earnings per
share is computed by dividing profit for the year attributable to owners of the
parent company amounting to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">17,337&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">16,101&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion by the weighted
average number of shares outstanding during the period totaling </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">98,175,853,600&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">97,534,003,783&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> for</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> the nine
months period</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">
ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">, 2015 and for
the year ended 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">,
respectively.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">
The weighted average number of shares takes into account the weighted average
effect of changes in treasury stock transaction during the year.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Basic earnings per
share amounted to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">117.60&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">115.53&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> (in full amount) for </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">the nine months period</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">, 2015 and
2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">,
respectively.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">
&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">T</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">he Company does not
have potentially dilutive financial investments </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">as of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">, 2015 and
2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">.&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; CASH DIVIDENDS AND GENERAL RESERVE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">Pursuant to</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> the AGM of
Stockholders of the Company as stated in notarial </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">deed&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> No. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">4&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> dated April </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">4</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">4&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> of Ashoya Ratam,
S.H., MKn., the Company&#8217;s stockholders </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">approved&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> the distribution of cash dividend and
special cash dividend for 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">3&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> amounting to Rp7,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">813&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">(Rp80.46 per
share) </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">and
Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">2,130&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> (Rp21.94 per
share)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">,
respectively. On </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">May 16</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">4</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">, the Company paid the
cash dividend and special cash dividend totalling Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">9,943&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">Pursuant to</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> the AGM of
Stockholders of the Company as stated in notarial </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">deed&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> No. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">26&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> dated April </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">17</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> of Ashoya Ratam,
S.H., MKn., the Company&#8217;s stockholders </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">approved&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> the distribution of cash dividend and
special cash dividend for 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">3&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> amounting to Rp7,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">319&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">(Rp74.55 per
share) </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">and
Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">1,463&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;"> (Rp14.91 per
share)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">,
respectively. On </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">May 21</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">, the Company paid the
cash dividend and special cash dividend totalling Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">8,782&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Appropriation
of Retained Earnings</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">Under the Limited
Liability Company Law, the Company is required to establish a statutory reserve
amounting to at least 20% of its issued and paid-up capital.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">The balance of the
appropriated retained earnings of the Company as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">, 2015 and
December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">
amounted </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.5pt;">to
15,337 billion, respectively</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.5pt;">.&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PENSION AND OTHER POST-EMPLOYMENT
BENEFITS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:8.0pt;">September 30,, 2015</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:8.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">Prepaid pension benefit cost</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,0</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">58&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,170</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">Pension benefit and other post-employment benefit obligations</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">Pension</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">The Company</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Unfunded</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2,33</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2,326</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">7</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">60&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">644</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">Total pension</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3,0</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">91&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2,970</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">Other
  post-employment benefit</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">48</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">488</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:8.0pt;">Obligation under
  the Labor Law</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">53&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">216</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=61% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3,8</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">83&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3,674</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><sup><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The breakdown of the benefit expense
recognized in the consolidated statements of comprehensive income is as
follows:</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:1.0pt;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:50%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2014 (Restated)</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Net periodic pension costs</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The
  Company</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">330</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Telkomsel</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">116</font></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">86</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Infomedia</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net periodic pension costs (Note 2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">406</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">416</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Other post-retirement benefit costs
  (Note 2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">36</font></b></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Employee benefit costs under the
  Labor Law</font></b></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">38</font></b></p>
  </td>
 <td valign=top width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">24</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Amounts
recognized in OCI amounted to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">RpNil as of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2015 and 2014, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Prepaid pension benefit costs </font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 nine months period
ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5 and for the year ended December 31,
2014 RpNil</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively.&#160;
</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 for the nine months period ended
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5 and for the year ended December 31,
2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, on the defined
benefit pension plan: </font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">91</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_97"></a><a name="_bclPageBorder97"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PENSION AND OTHER POST-EMPLOYMENT
BENEFITS (continued)</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Prepaid pension benefit costs
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=56% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;"> </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2014&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Changes in projected pension benefit </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">o</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">bligations&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Projected pension benefit obligations at beginning of
  year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">17,402</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">14,883</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Charged to profit or loss</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:20.7pt;text-align:left;text-indent:-.55pt;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Service costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">64&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">188</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:20.7pt;text-align:left;text-indent:-.55pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Past service cost - plan
  am</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">e</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">ndment&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">204</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:20.7pt;text-align:left;text-indent:-.55pt;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Interest costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">1,084</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,348</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Pension plan participants&#8217; contributions</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">45</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Actuarial </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">losses</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">) gain
  </font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">recognized in OCI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">2,</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">74</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,471</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Expected pension benefits paid</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">6</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">0</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(737</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Projected pension benefit
  obligations</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">5</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">338&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">17,402</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:24.75pt;">
  <td valign=bottom width=56% style="height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Changes in pension benefit plan assets</font></b></p>
  </td>
 <td width=1% style="height:24.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="height:24.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="height:24.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Fair value of pension plan assets at beginning of
  year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">18,929</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">16,803</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Interest income</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">1,182</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,534</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Return on plan assets
  (excluding amount included in net interest expense)</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">2,7</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,340</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Pension plan participants&#8217; contributions</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">45</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Expected pension benefits paid</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">6</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">0</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(737</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Administrative expenses paid</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">46&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(56</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Fair value of pension plan assets</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">6</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">,7</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">53&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">18,929</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Funded status</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,4</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,527</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Unrecoverable surplus (effect of asset ceiling)</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(357</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=21% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(357</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Prepaid pension benefit </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">c</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">ost&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,0</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">58&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1,170</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;line-height:50%;">&nbsp;</font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

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<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PENSION AND OTHER POST-EMPLOYMENT BENEFITS (continued)</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Prepaid pension benefit costs
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:35.7pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">pension </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">plan assets</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> mainly </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">consisted of :</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:35.7pt;"><font color=windowtext face=arial,sans-serif 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:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=36% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Quoted in active market</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;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=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;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=arial,sans-serif style="font-size:10.0pt;">Unquoted</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Quoted in active market</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;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=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;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=arial,sans-serif style="font-size:10.0pt;">Unquoted</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Cash and cash equivalent</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">876&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,476</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Equity instruments</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Finance</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">951</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,137</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Consumer goods</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">768</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">796</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Infrastructure, utilities and transportation</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">570</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">724</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Construction, property and real estate</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">467</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">508</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Basic industry and chemical</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">157</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">409</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Trading, service and investment</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">06&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">269</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Mining</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">64</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">142</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Agriculture</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">38</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">62</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Miscellaneous industr</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">ies&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">21&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">325</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:13.65pt;text-align:left;text-indent:-14.2pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Equity-based mutual fund</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">996</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,172</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Fixed income instruments</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Corporate
  bonds</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">644&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3,351</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Government</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> bonds</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">91</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">05&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,526</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">451</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Non-public
  equity - d</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">irect
  placement</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">153</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">153</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Property</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">153</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">153</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Others</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">165</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">275</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">233&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">520&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">14,546</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4,383</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:3.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Pension plan assets also include
Series B shares issued by the Company with fair values totalling Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">378&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">348&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion, representing </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2.26</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">% and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1.84</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">% of total plan assets as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014, respectively, and bonds issued
by the Company with fair value totalling Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">453&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">151&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
billion representing </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2.71</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">% and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0.80</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">% of total assets as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(1,604)&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion and Rp2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">817
billion for the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">nine
months period</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for the year ended December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014, respectively. Based on the
Company&#8217;s policy 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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">does not expect to contribute to the
defined benefit pension plan in 2015</font><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Based on </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the C</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ompany </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">policy
issued</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> on July 1, 2014, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">regarding P</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ension </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">R</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">egulat</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ion </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">by
Dana Pensiun Telkom, there is an increas</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">in monthly
benefits given to the pension</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ers</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, widow/widower or the child</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ren&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> of participants who stop</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ped&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> working before the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">end of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">June 2002.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:21.3pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">93</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PENSION AND OTHER POST-EMPLOYMENT
BENEFITS (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:left;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Prepaid pension benefit costs
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The movements of the prepaid pension
benefit cost during the nine </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">months
period</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for the year
ended December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014
are as follows: </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">, </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Prepaid pension benefit cost at beginning
  of year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">1,170</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">949</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Net periodic pension benefit cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(112</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(262</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Actuarial losses (gain) recognized via the
  OCI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2,740</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,471</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Asset ceiling recognized via the OCI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">614</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Return on plan assets (excluding amount
  included in net interest expense)</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">74</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">1,340</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Prepaid pension benefit cost at end of year</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,0</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">58&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,170</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The components of net periodic pension
benefit cost are as follows:
</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">S</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">S</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">eptember&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;"> 30, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">September 30, </font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Service costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">64&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">192</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Plan administration cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">46</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">69</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Net interest cost</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">98&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">13</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Net periodic pension benefit cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">112</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">12</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Cost to subsidiaries by agreement</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">10&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Net periodic pension benefit cost</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;"> less cost to
  subsidiaries by agreement (Note 26)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">102</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">12</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:37.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:37.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Amounts recognized in </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">OCI&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin-bottom:0in;margin-left:37.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:3.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30,</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;"> </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Actuarial
  (losses) gain recognized during the year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">74</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">527</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Return
  on plan assets (excluding amount included in net interest expense)</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=21% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">74</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">52</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Net</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=21% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PENSION AND OTHER POST-EMPLOYMENT
BENEFITS (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:left;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Prepaid pension benefit costs
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The actuarial valuation for the
defined benefit pension plan and the other post-employment benefits (Notes 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b and 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c)
was performed based on the measurement date as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 31, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4
and 2013, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">with reports
dated </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">February
24, 2015, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">and February
28, 2014, respectively, by PT&nbsp;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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December
31, 2014 and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=54% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=22% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2013</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=54% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Discount rate</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8.50%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">.</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">00</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">%&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=54% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Rate of compensation increases</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8.00%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">.00%&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=54% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Indonesia</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">n&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> mortality table</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:22.5pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">b.&#160; Pension benefit costs provisions</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i) &#160; The Company </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Company sponsors unfunded defined
benefit pension plans and a defined contribution pension plan for its
employees.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><b><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The defined contribution pension plan
is provided to employees hired with permanent status on or after July 1, 2002.
The plan is managed by Financial Institutions Pension Fund (&#8220;</font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Dana Pensiun
Lembaga Keuangan</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Rp5
billion and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Rp6 billion </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">as of &#160;September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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&nbsp;billion, which is amortized over 9.9 years until 2016. In 2010, the
Company replaced the uniformulation with Manfaat Pensiun Sekaligus (&#8220;MPS&#8221;). MPS
is given to those employees reaching retirement age, 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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Company also provides benefits to
employees during a pre-retirement period in which they are inactive for 6
months prior to their normal retirement age of 56 years, known as
pre-retirement benefits (&#8220;Masa Persiapan Pensiun&#8221; or &#8220;MPP&#8221;). During the
pre-retirement period, the employees still receive benefits provided to active
employees, which include, but are not limited to, regular salary, health care,
annual leave, bonus and other benefits. Since 2012, the Company has issued a new
requirement for MPP 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>





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</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%">

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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.  PENSION AND OTHER POST-EMPLOYMENT BENEFITS (continued)</font></b></p>

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

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:22.5pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">b.&#160; Pension benefit costs provisions</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i) &#160; The Company </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(continued)&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The following table presents the
change in projected pension benefits obligation of MPS and MPP for for the nine
months period ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the year ended December
31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:15.0pt;line-height:50%;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=49% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=24% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=24% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  31, </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=49% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Changes in projected pension benefit obligations</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Unfunded projected pension benefit obligations at
  beginning of year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,326</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,201</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Charged to profit or loss</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Service
  costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">45</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">80</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Interest
  costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">143</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">194</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Actuarial </font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">losses recognized in OCI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">31</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Benefits paid by employer</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(1</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">84&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=24% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(180</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Unfunded projected pension benefit obligations at end
  of year</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=24% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,33</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">0&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=24% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2,326</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:15.0pt;line-height:50%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The components of total periodic
pension benefit cost are as follows:
</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:58.5pt;width:94.14%;">
 <tr>
  <td valign=bottom width=49% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=24% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=25% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">, </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=49% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Service costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=24% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">45</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=49% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Net interest cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=24% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">143</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">146</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=49% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Total periodic pension
  benefit cost</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=24% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">88&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=25% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">206</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Amounts recognized
in OCI amounted to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">RpNil
as of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 2015 and 2014, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN 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; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The principal actuarial assumptions
used by the independent actuary as of December 31, 2014 and 2013 are as follows:</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:58.5pt;width:94.14%;">
 <tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=25% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=25% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">2013</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Discount rate</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8.50%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">.</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">00</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">%&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Rate of compensation
  increases</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">8.00%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">8.00%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Indonesia</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">n&nbsp;</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;"> mortality table</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:4.0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:63.0pt;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=Arial,sans-serif lang=IN style="font-size:10.0pt;">33</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">. &#160; PENSION AND OTHER
POST-EMPLOYMENT BENEFITS (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:22.5pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">b.&#160; Pension benefit costs provisions</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:22.5pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; (ii)&#160;&#160; Telkomsel</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;margin-right:.05pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel provides a defined benefit
pension plan to its employees. Under this plan, employees are entitled to
pension benefits based on their latest basic salary or take-home pay and the
number of years of their service. PT Asuransi Jiwasraya (&#8220;Jiwasraya&#8221;),
a&nbsp;state-owned life insurance company, manages the plan under an annuity
insurance contract. Until 2004, the employees contributed 5% of their monthly
salaries to the plan and Telkomsel contributed any remaining amount required to
fund the plan. Starting 2005, the entire contributions have been fully made by
Telkomsel.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel&#8217;s contributions to Jiwasraya
amounted to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Nil
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">98 billion</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> for the nine months period ended
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 2015 and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for the year ended December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The following table presents the
change in projected pension benefits obligation, change in pension plan assets,
funded status of the pension plan and net amount recognized in the Company&#8217;s
consolidated statement of financial position for the nine months period ended <br>
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the year ended 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> of its defined benefit pension plan:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 31, </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Changes
  in projected pension
  benefit
  obligation</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Projected pension benefit obligation </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">at
  beginning of year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,281</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">899</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Charged to profit or loss</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Service costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">76</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">74</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">Net i</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">nterest cost</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">40</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">81</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Actuarial losses recognized in OCI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">234</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Expected benefits paid</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(7</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Projected pension benefit obligation at end
  of year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,3</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">97&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,281</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=bottom width=60% style="background:#c6d9f1;height:22.5pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Changes
  in pension benefit plan assets</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:22.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:22.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:22.5pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:22.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:22.5pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Fair value of plan assets at beginning of
  year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">637</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">439</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Interest income in profit or loss</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">40</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Return on plan assets (excluding amount
  included </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">in
  net interest expense)</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">
  in OCI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">67</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Employer&#8217;s contributions</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">98</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Expected benefits paid</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(7</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Fair value of plan assets at end of year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">637</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">637</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Funded status</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(7</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">60&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(644</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Provision for pension benefit </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">c</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">ost&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(7</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">60&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(644</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">97</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; PENSION AND OTHER
POST-EMPLOYMENT BENEFITS (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:4.5pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160; Pension
benefit costs provisions (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:.2pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(i)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Movements of the provision </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">for </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">pension
benefit cost during the </font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">nine&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> months period ended September 30, 2015 and
for the year ended December 31, 2014</font><font color=windowtext face=Arial,sans-serif lang=DE style="font-size:10.0pt;">:
&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;margin-right:0in;margin-top:1.0pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;line-height:50%;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> 30, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  31, </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Provision for pension
  benefit cost at beginning of year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(644</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(460</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">P</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">eriodic pension benefit cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">116&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(115</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Actuarial (losses)
  recognized via the OCI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(234</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Return on plan assets
  (excluding amount included in net interest expense)</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">67</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Employer contributions</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">98</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Provision for pension
  benefit cost at end of year</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(7</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">60&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></b></p>
  </td>
 <td width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(644</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The components of the
periodic pension benefit cost are as follows: </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:3.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=56% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">, </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Service costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">76</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">55</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Net interest cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">40</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% 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 color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">31</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=56% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Total periodic
  pension benefit cost</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">116</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">86</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
net periodic pension costs for the pension plan was calculated based on </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> measurement date as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
with reports dated February 5, 2015 and February 20, 2014, 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
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=47% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=25% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">December 31,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=25% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">December 31,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2013</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Discount rate</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8.</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5%&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">9</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">.</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">00</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">%&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Rate of compensation
  increases</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">6.50%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">6.50%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Indonesian mortality
  table</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:4.0pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160; PENSION AND OTHER POST-EMPLOYMENT
BENEFITS (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:22.5pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160; Other
post-employment benefits provisions </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Company provides other
post-retirement 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Biaya
Fasilitas Perumahan Terakhir</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221; or &#8220;BFPT&#8221;) and home passage leave (&#8220;</font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Biaya
Perjalanan Pensiun dan Purnabhakti</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8221; or &#8220;BPP&#8221;). </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The changes of the projected other
post-employment benefit obligations for the nine months period ended
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for the year
ended December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014
are as follows: </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 31, </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Changes
  in projected other post-employment benefits provision</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Unfunded
  projected benefit obligations at beginning of year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">488</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">450</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Charged to profit or loss</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Service
  costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">6</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Net i</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">nterest
  cost</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Actuarial
  losses recognized in OCI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">24</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Benefits
  paid by employer</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">34&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(34</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision
  for other post-employment benefits</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">48</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">9&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">488</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The components of the p</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">rojected&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> other post-employment benefit cost </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">as of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2015 and 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows: </font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">, </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Service costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">6</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">7</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Net interest cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% 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 color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">29</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Total </font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">35</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">36</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<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;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Amounts recognized in OCI amounted to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Rpnil as of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2015 and 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The principal actuarial assumptions
used by the independent actuary based on the measurement date as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=52% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=23% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">December 31,
  2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=23% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">December 31,
  2013</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=52% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Discount rate</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">8.50%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">9.00%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=52% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Rate of compensation
  increases</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=23% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">8.00%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=23% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">8.00%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=52% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Indonesian mortality
  table</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=23% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">2011</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; d.&#160;&#160; Obligation under the Labor Law provisions</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Under Law No. 13 Year 2003, the Group
is required to provide minimum pension benefit</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
if not covered yet by the sponsored pension plans, to its employees upon
retirement age. The total related obligation recognized for the nine months
period</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> ended September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the year ended December
31, 2014 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">amounted to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">253 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">billion&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and Rp216</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion, respectively. The related
employee benefits cost charged to expense amounted to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Rp38 billion and Rp24 billion for the nine months period ended September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">99</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; PENSION AND OTHER POST-EMPLOYMENT
BENEFITS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-68.7pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">a.</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;
</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Maturity
Profile of Defined Benefit Obligation (&#8220;DBO&#8221;)</font></b></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-15.6pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Weighted
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">a</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">verage duration of DBO for the Company and Telkomsel are 1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">.9</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> years
and 15.14 years, respectively. The timing of benefits payments for 201</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is as
follows (in millions of </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">upiah)</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=7 valign=bottom width=72% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Expected
  BenefitsPayment</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Company</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Time
  Period</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Funded</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Unfunded</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telkomsel</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Other
  post-employment benefits</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  next 10 years</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">949&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">968&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">282</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">61&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  10-20 years</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">20,361</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">204</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,848</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">184</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  20-30 years</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">17,979</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">12</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6,902</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">54</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  30-40 years</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">10,418</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">7,434</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  40-50 years</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3,347</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4,917</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  50-60 years</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">477</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,024</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  60-70 years</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">23</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">407</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Within
  70-80 years</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">29</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-68.7pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">b.</font></b><b><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;">&nbsp;&nbsp;
</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Sensitivity
Analysis</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;text-indent:17.8pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0.5% change in discount rate and rate
of salary would have effect on DBO, as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=32% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Discount Rate</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=34% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Rate of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Compensation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Sensitivity</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">0.5% Increase</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0.5%</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Decrease</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">0.5% Increase</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif lang=IN style="font-size:9.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0.5% Decrease</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:.15in;">
  <td valign=bottom width=31% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Funded</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">755&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">822</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">186</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">193&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Unfunded</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(40</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">41</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">34</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(34</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Telkomsel</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(1</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">31&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">14</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(7</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">5&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Other
  post-employment benefits</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(10</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">10</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:22.5pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.55pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:36.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
sensitivity results above determine the individual impact on the Plan&#8217;s end of
the year DBO. In reality, the Plan is subject to multiple external experience
items which may move the DBO in similar or opposite directions, and the Plan&#8217;s
sensitivity to such changes can vary over time. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:36.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">There
are no changes in the methods and assumptions used in preparing the sensitivity
analyses from the previous period.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; LONG SERVICE AWARDS (&#8220;LSA&#8221;)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Telkomsel and Patrakom provides
certain cash awards or certain number of days leave benefits to its employees
based on the employees&#8217; length of service requirements, including LSA and LSL.
LSA&nbsp;are either paid at the time the employees reach certain years during
employment, or at the time of termination. LSL are either certain number of
days leave benefit or cash, subject to approval by management, provided to employees
who me</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">t the requisite number of
years of service and with a certain minimum age.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The obligation with respect to these
awards was determined based on an actuarial valuation using the Projected Unit
Credit method, and amounted to</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">432&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Rp410 billion as of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">. The related benefit costs charged to
expense amounted to </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">67&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion and Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">47&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion for the nine months period</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> ended September </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014, respectively </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(Note 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">).&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:45.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>


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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.9pt;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">14&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
and Rp15</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion for the
nine months period ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for the year
ended December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014,
respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The following table presents the
change in the projected post-employment health care benefits obligation, change
in post-employment health care benefits plan assets, funded status of the post-
employment health care benefits plan and net amount recognized in the Company&#8217;s
consolidated statement of financial position as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-AU 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=arial,sans-serif 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:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Changes
  in projected post-employment
  health care benefit provision</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:3.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:3.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:3.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:3.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:3.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Projected
  post-employment health care benefit obligation</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> at beginning of year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,505</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">10,653</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Service
  costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">37</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">45</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Interest
  costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">721</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">942</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Actuarial
  (losses) gain</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,227&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">238</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Expected
  post-employment health care benefits paid</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">290&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(373</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr style="height:19.75pt;">
  <td width=58% style="background:#c6d9f1;height:19.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Projected
  post-employment health care benefit provision at end of year</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:19.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:19.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,7</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">46&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:19.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:19.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,505</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:19.75pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:22.9pt;">
  <td valign=bottom width=58% style="height:22.9pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Changes
  in post-employment
  health care plan </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">a</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">ssets&nbsp;</font></b></p>
  </td>
 <td width=1% style="height:22.9pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=20% style="height:22.9pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:22.9pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=20% style="height:22.9pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:22.9pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Fair value
  of plan assets at beginning of year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,064</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9,660</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Interest
  income</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">693</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">863</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Return
  on plan assets (excluding amount included in net interest</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> expense)</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,227&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">814</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Employer&#8217;s
  contributions</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">226</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Expected
  post-employment health care benefits paid</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">290&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(373</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Administrative
  expenses paid</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">118&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(126</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Fair
  value of plan assets at end of year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">10,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">122&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">11,064</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Funded
  status</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">624&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(441</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">P</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">rovision for post-employment health
  care benefit</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">624&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></b></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(441</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">101</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; As of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">June
30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and
December 31, 2014, plan assets consisted of:</font><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=37% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=31% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=30% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=37% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Quoted in active market</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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=arial,sans-serif style="font-size:10.0pt;">Unquoted</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Quoted in active market</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:10.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Unquoted</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Cash and cash equivalent</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">837</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">794</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Listed shares:</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Manufacturing and consumer</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">404</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">516</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Finance industry</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">470</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">369</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Construction</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">55&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">271</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Infrastructure and telecommunication</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">21</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">202</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Wholesale</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">52</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">145</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Mining</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">69</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Other industries:</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Services</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">24</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">65</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Agriculture</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">27</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">23</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Biotech and Pharma Industry</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">78</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Others</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">4</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">38</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Equity-based mutual funds</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">02</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1,767</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Fixed income-based securities:</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Fixed income mutual funds</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">494&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6,589</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Unlisted shares:</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Private placement</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">87&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">177</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=37% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Others</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">9&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">30</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=37% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">9,896</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">26&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">10,857</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">207</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0pt;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Yakes plan assets also include Series B shares issued
by the Company with fair value totalling Rp</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">150&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion and
Rp</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">140&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion representing</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> 1.48</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">%&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> and 1.27%</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">
of total assets as of</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> September
30</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 201</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">December 31, </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;"> respectively</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:40.5pt;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Rp(653)&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and Rp1,550 billion</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> for the nine months period ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for the year
ended December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014,
respectively. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:40.5pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The movements of the provision for
projected post-employment health care benefit for the nine months period ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">for the year
ended December 31, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2014
are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.25in;width:736.000000pt;">
 <tr style="height:25.65pt;">
  <td colspan=2 valign=bottom width=57% style="height:25.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="height:25.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;height:25.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="height:25.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;height:25.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">December 31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="height:25.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.95pt;">
  <td colspan=2 width=57% style="background:#c6d9f1;height:7.95pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Changes
  in projected post-employment health care benefit provision</font></b></p>
  </td>
 <td width=2% style="background:#c6d9f1;height:7.95pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:7.95pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:7.95pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:7.95pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:7.95pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr style="height:12.6pt;">
  <td colspan=2 width=57% style="height:12.6pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Defined
  benefit liability at beginning of year</font></p>
  </td>
 <td width=2% style="height:12.6pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="height:12.6pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">441</font></p>
  </td>
 <td valign=bottom width=2% style="height:12.6pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="height:12.6pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">993</font></p>
  </td>
 <td valign=bottom width=1% style="height:12.6pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.85pt;">
  <td colspan=2 width=57% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net
  periodic pension cost</font></p>
  </td>
 <td width=2% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">83&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">250</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.55pt;">
  <td colspan=2 width=57% style="height:11.55pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Employer
  contributions</font></p>
  </td>
 <td width=2% style="height:11.55pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="height:11.55pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=2% style="height:11.55pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="height:11.55pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(226</font></p>
  </td>
 <td valign=bottom width=1% style="height:11.55pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr style="height:10.85pt;">
  <td colspan=2 width=57% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Actuarial (l</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">oss</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">es) gain</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> recognized via the OCI</font></p>
  </td>
 <td width=2% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,227&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">238</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.85pt;">
  <td colspan=2 width=57% style="height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Return on plan assets </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(excluding amount</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;"> included in </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">net interest expense)</font></p>
  </td>
 <td width=2% style="height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,227</font></p>
  </td>
 <td valign=bottom width=2% style="height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(814</font></p>
  </td>
 <td valign=bottom width=1% style="height:10.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr style="height:6.95pt;">
  <td width=56% style="background:#c6d9f1;height:6.95pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Provision for post-employment health
  care benefit</font></b></p>
  </td>
 <td colspan=2 width=3% style="background:#c6d9f1;height:6.95pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:6.95pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">624</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:6.95pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:6.95pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">441</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:6.95pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr height=0>
  <td width=56%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=19%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=19%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 </tr>
</table></div>

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





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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;margin-right:0pt;margin-top:0in;text-align:justify;"> <font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
components of net periodic post-employment health care benefit cost for the
years ended September 30, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2015
and 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows: </font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Service
  costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">37</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">34</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Plan administration cost</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">118</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">132</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net
  interest cost</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">28</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">59</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net
  periodic post-employment health care benefit cost</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">183</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">225</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Cost to subsidiaries by agreement</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(1</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Periodic post-employment health care benefit cost Less cost to subsidiaries</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">83&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">224</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:21.25pt;text-align:justify;text-indent:14.75pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:21.25pt;text-align:justify;text-indent:-3.25pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Amounts recognized in </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">OCI&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows:</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 30</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">,  2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Actuarial
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">losses</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">) gain</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> recognized during the year</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,227&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">636</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Return
  on plan assets </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(excluding
  amount </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">i</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ncluded in net interest expense)</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1,227</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:45.0pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">636&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Net</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:37.8pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The actuarial valuation for the
post-employment health care benefits was performed based on the measurement
date as of December 31, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
with reports dated</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
February 24, 2013 and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">February
28</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4 and 2013</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;are&nbsp;as&nbsp;follows: &nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">December 31,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2013</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Discount rate</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">8.50%</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">9.00</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Health care costs
  trend rate assumed
  for
  next year</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7.00%</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7.00</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Ultimate health care
  costs trend rate</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7.00</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7.00</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Year that the rate
  reaches the ultimate trend rate</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2015</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Indonesian mortality
  table</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2011</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">2011</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:19.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-15.6pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">The timing of benefits payments for 201</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> is as follows (in millions of rupiah):</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Time Period</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=40% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:9.0pt;">Post-Employment
  Health Care Benefits</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within next 10 years</font></p>
  </td>
 <td width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">4,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">719&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within 10-20 years</font></p>
  </td>
 <td width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7,035</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within 20-30 years</font></p>
  </td>
 <td width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">7,519</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within 30-40 years</font></p>
  </td>
 <td width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6,174</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within 40-50 years</font></p>
  </td>
 <td width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">3,210</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within 50-60 years</font></p>
  </td>
 <td width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">400</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within 60-70 years</font></p>
  </td>
 <td width=2% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">2</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Within 70-80 years</font></p>
  </td>
 <td width=2% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=40% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">0</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">103</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:18.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0.5%
change in discount rate and rate of salary would have effect on DBO, as
follows:</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=31% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Discount Rate</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=32% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Rate of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Compensation</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Sensitivity</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0.5% Increase</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0.5%</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Decrease</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">0.5% Increase</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif lang=IN style="font-size:9.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">0.5% Decrease</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:.15in;">
  <td valign=bottom width=34% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td colspan=3 valign=bottom width=31% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Increase (decrease)
  in amounts</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=32% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Increase (decrease)
  in amounts</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.15in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=34% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Post-employment health care</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">(1,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">314&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">61</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">740&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,430</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; RELATED PARTY TRANSACTIONS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In the normal course of its business,
the Group entered into transactions with related parties. It is the Company's
policy that the pricings of these transactions be the same as those of arm&#8217;s
length transactions. </font></p>

<p style="margin-bottom:0in;margin-left:35.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE 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;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">a.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Nature of relationships
and accounts/transactions with related parties</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Details
of the nature of relationships and accounts/transactions with
significant related parties are as follows:</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Related parties</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=32% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Nature of relationships</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">with related parties</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Nature of
  accounts</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">/transactions&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">The Government Ministry of Finance </font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Majority stockholder</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Internet and data revenues,
  other telecommunication service
  revenues, finance </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">costs&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and </font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">investment in financial instruments </font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">State-owned enterprises</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Internet and data service
  revenue, other telecommunication services revenue, operating expenses,purchase
  of property and
  equipment,
  construction and installation
  services,
  insurance expenses, finance
  income</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">finance costs, investment in
  financial instruments, insurance for
  property equipment,
  insurance for
  employees, electricity expenses
  and cost of SIM</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> cards</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Indosat</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Interconnection revenue, interconnection expenses,
  telecommunication
  facilities
  usage, operating &amp; maintenance costs, leased line revenue, satellite
  transponder usage
  revenue, usage
  of data communication, network
  system expenses
  and lease revenue</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> &nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">PT Aplikanusa Lintasarta</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">(&#8220;Lintasarta&#8221;)</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Interconnection revenue,
  network revenue,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> usage
  of data </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">communication
  network syste</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">m </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">expenses and leased lines expenses</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Indosat Mega Media</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Network revenues</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">INTI</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Purchase of property and equipment</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=top width=27% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">LEN`</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=32% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Purchase of property and equipment</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">104</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; RELATED PARTY TRANSACTIONS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:35.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif 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;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">a.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Nature of relationships
and accounts/transactions with related parties</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;line-height:normal;"> (continued)</font></b></p>

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

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Details
of the nature of relationships and accounts/transactions with
significant related parties are as follows (continued):</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=25% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Related parties</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Nature of
  relationships</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">with related
  parties</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=43% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Nature
  of accounts</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">/transactions&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">State-owned banks</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Finance income and
  finance costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">BNI</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Internet and
  data revenue,
  other
  telecommunication service revenue, finance income and finance costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Bank Mandiri</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Internet and
  data revenue,
  other
  telecommunication service revenue, finance income and finance costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">BRI</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Internet and
  data revenue,
  other
  telecommunication service revenue, finance income and finance costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">BTN</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Internet and
  data revenue,
  other
  telecommunication service revenue, finance income and finance costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">PT Bank
  Syariah Mandiri</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(&#8220;BSM&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Internet and
  data revenue,
  other
  telecommunication service revenue, and finance costs</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT Bank BRI Syariah</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(&#8220;BRI Syariah&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Internet and
  data revenue,
  other
  telecommunication service revenue, and finance costs</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Bahana</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common
  control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Available-for-sale
  financial assets, bonds and notes</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">CSM</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Associated
  company</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Satelite
  transponder usage revenue, leasedline</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> revenue and transmission lease expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Indonusa</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Associated
  company</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Network
  revenue and data communication expense</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Yakes</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under
  significant influence</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Medical
  expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Koperasi Pegawai
  Telkom</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(&#8220;Kopegtel&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under
  significant influence</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Purchase of
  property and equipment, construction and installation
  services,
  leases
  of buildings, leases of vehicles, purchases of vehicles, purchases of
  materials and construction services, utilities and cleaning
  service
  maintenance
  and RSA revenues</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT Sandhy Putra
  Makmur (&#8220;SPM&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under
  significant influence</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">L</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">eases of
  buildings, leases of vehicles, purchases of vehicles, purchases of
  materials and construction services, utilities and cleaning
  service</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Koperasi Pegawai
  Telkomsel </font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(&#8220;Kisel&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under
  significant influence</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Leases of vehicles, printing and
  distribution</font></p>
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">of customer bills expenses, collection
  fee, and</font></p>
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">other services fee, </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">distribution&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> of SIM cards and</font></p>
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">pulse reload voucher</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT Graha Informatika</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Nusantara
  (&#8220;Gratika&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under
  significant influence</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Interconnection
  revenue,</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">purchase of
  property and equipment,</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">installation
  expense, and</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">maintenance
  expense</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">PT Pasifik Satelit
  Nusantara (&#8220;PSN&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under
  significant influence</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Interconnection
  revenue, transmission leases expenses and</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">interconnection
  expenses</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=25% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Directors and
  commissioners</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Key management
  personnel</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=43% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Honorarium and
  facilities</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

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

<p style="margin-bottom:0in;margin-left:35.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>





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<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; RELATED PARTY TRANSACTIONS (continued)</font></b></p>

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

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Transactions with
related parties</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
following are significant transactions with related parties:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=36% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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=arial,sans-serif style="font-size:8.0pt;">% of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">total revenues</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% 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=arial,sans-serif style="font-size:8.0pt;">% of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">total revenues</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">REVENUES</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entities
  under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Indosat</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">724</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.9</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">764</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1.1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">State-owned
  enterprises</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">525</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">69&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">599</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">91&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Government</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">203</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.2</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">127</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.19</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">BRI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">137</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.18</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">90</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Bank
  Mandiri</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">115</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">90</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.14</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">BNI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">90</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">70</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Lintasarta</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">65</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.09</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">63</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.10</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">BSM</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">33</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">48</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">BTN</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">22</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">23</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">BRI
  Syariah</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.01</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.01</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">919&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2.54</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">883&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2.86</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.1in;">
  <td valign=bottom width=27% style="height:.1in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity
  under significant influence</font></p>
  </td>
 <td width=1% style="height:.1in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="height:.1in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:.1in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="height:.1in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:.1in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="height:.1in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:.1in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=18% style="height:.1in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:.1in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Kisel</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,6</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">28&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3.4</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">238&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">40&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Gratika</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">298</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.39</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">28</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">8&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.4</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">926&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3.8</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,5</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">26&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">84&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.3in;">
  <td valign=bottom width=27% style="height:.3in;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Associated
  compan</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">ies&nbsp;</font></p>
  </td>
 <td width=1% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=18% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="height:.3in;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Indonusa</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.06</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">71</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.11</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Others</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">122</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">118</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.18</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=FI style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">010&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6.</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">62&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">598&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6.</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">9&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=36% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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=arial,sans-serif style="font-size:8.0pt;">% of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">total expenses</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% 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=arial,sans-serif style="font-size:8.0pt;">% of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">total expenses</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">EXPENSES</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entities under common control</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> State-owned
  enterprises</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">834</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1.6</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">985</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">21&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Indosat</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">665</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">28&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">702</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">57&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">499&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">88&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1,</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">687&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">78&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.65pt;">
  <td width=27% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity
  under significant influence</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=18% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:16.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Kisel</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">574</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1.1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">732</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">64&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Kopegtel</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">306</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.5</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">30&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">96&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">PSN</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">111</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">07&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">24&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Yakes</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">08&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">168</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">38&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">SPM</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.01</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,037</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1.99</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,448</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">24&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:17.1pt;">
  <td width=27% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Associated
  company</font></p>
  </td>
 <td width=1% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:17.1pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">CSM</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">9</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">37</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.08</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Others</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">05&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">562&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.9</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">,1</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">7.</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">15&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">106</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; RELATED PARTY TRANSACTIONS
(continued)</font></b></p>

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

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Transactions with
related parties</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=36% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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=arial,sans-serif style="font-size:8.0pt;">finance income</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% 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=arial,sans-serif style="font-size:8.0pt;">finance income</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">FINANCE INCOME</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">State-owned banks</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">617</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">6</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">96&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">565</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">60</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">8</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">8&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&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=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=36% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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=arial,sans-serif style="font-size:8.0pt;">finance costs</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% 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=arial,sans-serif style="font-size:8.0pt;">finance costs</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">FINANCE COSTS</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Majority stockholder</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Government</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">9&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">56&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">66</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">4.95</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Entity under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.45in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">State-owned banks</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">836</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">50</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">42&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">521</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">39.08</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">89</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">53</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">.</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">98&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">587</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">44.03</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif 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;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;"> 30, </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=36% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">September </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">30,&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;"> 201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% 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=arial,sans-serif style="font-size:7.0pt;">% of total</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">property and</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">equipment</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">purchased</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:7.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% 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=arial,sans-serif style="font-size:7.0pt;">% of total</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">property and</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">equipment</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">purchased</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;text-transform:uppercase;">Purchase
  of property and equipment </font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">(Note 1</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">)&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=28% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Entities
  under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;text-transform:uppercase;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">INTI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">173</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">02&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">LEN</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">24</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.1</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">State-owned
  enterprises</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">372</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1.96</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">197</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">.</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">16&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">372</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">1.96</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Entity
  under significant influence</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=28% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Kopegtel</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">52</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">31&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">42</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">.22&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Gratika</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">33</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">19&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">85</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.5</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">42</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.2</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">Others</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">36</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=arial,sans-serif style="font-size:7.0pt;">35</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">18&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=28% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">318</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:7.0pt;">1.</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">87&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">449</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">2.36</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

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





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





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; RELATED PARTY TRANSACTIONS
(continued)</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Transactions with related parties
(continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Presented
below are balances of accounts with related parties:</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=39% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=30% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;"> 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=30% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">D</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">ecember 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=39% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">% of total assets</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">% of total assets</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">a.</font></b></p>
  </td>
 <td width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Cash and cash equivalents (Note 4)</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">16</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">350&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">.</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">32&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">10,464</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">7.43</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">b.</font></b></p>
  </td>
 <td width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other current financial assets (Note 5)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">509&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1.</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">58&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">2,406</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">1.71</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">c.</font></b></p>
  </td>
 <td width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Trade receivables - net (Note 6)</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">624</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">39&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">873</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.62</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">d.</font></b></p>
  </td>
 <td width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Advances and prepaid expenses (Note 8)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">65</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">24</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.02</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">e.</font></b></p>
  </td>
 <td width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Advances and other non-current assets (Note 1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Entity under common control BNI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">10</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.01</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">12</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.02</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=39% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Others</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.01</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=39% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">5</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">18</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.03</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">`</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=30% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;"> 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=29% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=38% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">A</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">mount&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">% of total</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">liabilities</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">% of total</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">liabilities</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">f.</font></b></p>
  </td>
 <td width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Trade payables (Note 1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Entities under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">INTI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">299</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.4</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">323</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.58</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Indosat</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">236</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">33&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">146</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.26</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">535</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0.75</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">469</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0.84</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Entity under significant influence</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Yakes</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">45</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0.06</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">46</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0.08</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Kopegtel</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">21</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">55</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Sub-total</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">66</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">9&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">101</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.1</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">8&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=38% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Others</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">594</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">83&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">327</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">0.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">59&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td width=38% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1,195</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1.67</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">897</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">.</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">61&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:35.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:35.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">108</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; RELATED PARTY TRANSACTIONS
(continued)</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Transactions with related parties
(continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td colspan=3 valign=bottom width=29% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> 30,</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;"> 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td colspan=3 valign=bottom width=32% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">% of total</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">liabilities</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">% of total</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">liabilities</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">g.</font></b></p>
  </td>
 <td valign=bottom width=35% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Accrued expenses (Note 1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Majority stockholder</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">The Government</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.0</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">16</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.03</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Entit</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">ies&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> under common control</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">State-owned banks</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">52&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.2</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">84</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.15</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">79&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.2</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">5&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">100</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.18</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr style="height:19.35pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">h.</font></b></p>
  </td>
 <td valign=bottom width=35% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Advances from customers and suppliers</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Majority stockholder</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">The Government</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">23</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.03</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">19</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.03</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=bottom width=1% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">i.</font></b></p>
  </td>
 <td valign=bottom width=35% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Short-term bank loans (Note 1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:5.85pt;">
  <td width=1% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=35% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Entities under common control</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:5.85pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">BRI</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">57</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.08</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">57</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.10</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">BNI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">25</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0.04</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=35% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">BSM</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">15</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.02</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">15</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:white;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.03</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">9</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">7&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.1</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">72</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">0.13</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=bottom width=1% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">j.</font></b></p>
  </td>
 <td valign=bottom width=35% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Two-step loans (Note 1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">8</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=17% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:.25in;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Majority stockholder</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=35% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">The Government</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">674&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">35&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">1,615</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">2.</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">95&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">k.</font></b></p>
  </td>
 <td valign=bottom width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Long-term bank loans (Note 2</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Entities under common control</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">BRI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">6</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">740&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">9</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">45&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">2,975</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">5.43</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">BNI</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">415&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">79&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">4,357</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">7.96</font></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">Bank Mandiri</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">776&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">89&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">2,181</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">3.</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">98&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=35% style="background:white;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=13% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">12,9</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">31&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=15% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">18.1</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=14% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;">9,513</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=17% style="background:white;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">1</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">7.37&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=DA style="font-size:8.0pt;line-height:70%;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Significant agreements with
related parties</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">i.&#160;&#160; The Government</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; The Company obtained
two-step loans from the Government (Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">).&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ii.&#160;&#160; Indosat</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; The Company has an
agreement with Indosat to provide international telecommunications services to
the public.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; The Company has also
entered into an interconnection agreement between the Company&#8217;s fixed line
network (Public Switched Telephone Network or &#8220;PSTN&#8221;) and Indosat&#8217;s GSM mobile
cellular telecommunications network in connection with the implementation of
Indosat Multimedia Mobile services and the settlement of related
interconnection rights and obligations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; The Company also has
an agreement with Indosat for the interconnection of Indosat's GSM mobile
cellular telecommunications network with the Company's PSTN, which enable each
party&#8217;s customers to make domestic calls between Indosat&#8217;s GSM mobile network
and the Company&#8217;s fixed line network, as well as allowing Indosat&#8217;s mobile
customers to access the Company&#8217;s IDD service by dialing&nbsp;&#8220;007&#8221;.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">109</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; RELATED PARTY TRANSACTIONS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:3.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:40.5pt;text-align:justify;text-indent:-4.5pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;  </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Significant agreements with related
parties</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ii.&#160;&#160; Indosat</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; The Company has been
handling customer billings and collections for Indosat. Indosat is gradually
taking over the activities and performing its own direct billing and
collection. The Company receives compensation from Indosat computed at 1% of
the collections made by the Company starting from January 1, 1995, as well as
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 took 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-14.55pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; On December 28, 2006,
the Company and Indosat signed amendments on the interconnection agreements for
the fixed line networks (local, SLJJ and international) and mobile network for
the implementation of the cost-based tariff obligations under the
MoCI&nbsp;Regulations No.&nbsp;8/Year 2006 (Note&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">38</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">). These amendments took effect on January 1, 2007. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; 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="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; The Company provides
leased lines to Indosat and 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="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:50.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">iii.&#160; Others</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.5pt;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160; The Company has
entered into agreements with associated companies, namely CSM and
Gratika for the utilization of the Company's satellite transponders or
frequency channels of communication satellite and leased lines.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Kisel</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is a co-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="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Key management personnel
remuneration</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Key management personnels consists of
the Boards of Commissioners and Directors of the Company and its subsidiaries.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group provides </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">remuneration in the form of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 benefits is as follows:</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=27% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=36% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-top: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=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;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=arial,sans-serif style="font-size:10.0pt;">% of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">total </font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">expenses</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% 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;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-top: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=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;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=arial,sans-serif style="font-size:10.0pt;">% of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">total</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">expenses</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Board of Directors</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">8</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0.93</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">343</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0.78</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=27% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Board of Commissioners</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">49&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0.</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">29&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">95</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0.22</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">110</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">OPERATING SEGMENT</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group has four main operating
segments, namely personal, home, corporate and others. The personal segment
provides mobile cellular and fixed wireless telecommunications services to
individual customers. The home segment provides fixed wireline
telecommunications services, pay TV, data and internet services to home
customers. The corporate segment provides telecommunications services,
including interconnection, leased lines, satellite, VSAT, contact center,
broadband access, information technology services, data and internet services
to companies and institutions. Operating segments that are not monitored
separately by the Chief Operation Decision Maker are presented as
&quot;Others&quot;, which provides building management services.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN 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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN 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;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; 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
consistently with operating profit or loss in the consolidated financial
statements.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">However, the financing activities and income taxes are not separately
monitored and are not allocated to operating segments</font><font color=windowtext face=Arial,sans-serif lang=IN 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;"><font color=windowtext face=Arial,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;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; Segment revenues and
expenses include transactions between operating segments and are accounted at
market prices</font><font color=windowtext face=Arial,sans-serif lang=IN 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 color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.48%;">
 <tr>
  <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=13 valign=bottom width=82% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:center;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Corporate</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Home</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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=arial,sans-serif style="font-size:8.0pt;">Personal</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Others</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total before</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">consolidated</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Segment results</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 </tr>
<tr>
  <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Revenues</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></b></sup></p>
  </td>
 </tr>
<tr>
  <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">External revenues</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">16,271</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">5,507</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">53,724</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">217</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">75,719</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">75,719</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Inter-segment revenues</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">11,085</font></p>
  </td>
 <td colspan=2 valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3,145</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,898</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,540</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">17,668</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(17,668</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total segment revenues</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">27,356</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">8,652</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">55,622</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1,757</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">93,387</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(17,668</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">75,719</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:justify;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Expenses</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 </tr>
<tr>
  <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">External expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(15,927</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(5,365</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(29,000</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1,435</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(51,727</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(51,727</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.3in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Inter-segment expenses</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(6,442</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(3,290</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(7,566</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(126</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(17,424</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">17,424</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">-</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total segment expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(22,369</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(8,655</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(36,566</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(1,561</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(69,151</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">17,424</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=14% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(51,727</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Segment results</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">4,987</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(3</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">19,056</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">196</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">24,236</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(244</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">23,992</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:19.65pt;">
  <td width=17% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Capital expenditures</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(5,452</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(2,271</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(8,593</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(680</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(16,996</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(16,996</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:19.65pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Depreciation and amortization</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(1,681</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(977</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(10,787</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(59</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(13,504</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(13,504</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;text-indent:-.15in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Provision for impairment of receivables</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">(559</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(204</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(181</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(4</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(948</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(948</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
</table></div>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">OPERATING SEGMENT (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext 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-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif 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;margin-left:.25in;width:98.48%;">
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  <p align=center style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
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  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
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 <td colspan=13 valign=bottom width=81% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">
  (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=18% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Corporate</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Home</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Personal</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Others</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Total </font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">before&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Elimination</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total c</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">onsolidated&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Segment results</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 </tr>
<tr>
  <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Revenues</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">External revenues</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">9,656</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3,276</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">30,444</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">166</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">43,542</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">43,542</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Inter-segment
  revenues</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4,928</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,217</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,384</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">654</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">8,183</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(8,183</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Total segment
  revenues</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">14,584</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4,493</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">31,828</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">820</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">51,725</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(8,183</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">43,542</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Expenses</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></sup></p>
  </td>
 </tr>
<tr>
  <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">External expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(8,001</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(2,560</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(18,154</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(755</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(29,470)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(29,470</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Inter-segment
  expenses</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(3,038</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1,483</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(3,656</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(6</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(8,183</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">8,183</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Total segment
  expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(11,039</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(4,043</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(21,810</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(761</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(37,653</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">8,183</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(29,470</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Segment results</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3,545</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">450</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">10,018</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">59</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">14,072</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">14,072</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Capital
  expenditures</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(3,545</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1,285</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(6,952</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(246</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(11,866</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(11,866)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Depreciation and
  amortization</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1,251</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(704</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(5,991</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(27</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(7,973</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(7,973</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Impairment of assets</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(190</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(190</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(190)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(197</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(124</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(8</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;text-decoration:none;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(329</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(329</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><sup><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><u><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Geographic information:</font></u></i></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.48%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">External revenues</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Indonesia</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">47,939</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">42,584</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Foreign countries</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">901</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">958</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Sub-total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">48,840</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">43,542</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:17.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:17.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">The revenue information above is based on the location
of the customers.</font></p>

<p style="margin-bottom:0in;margin-left:17.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:17.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.48%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Non-current operating
  assets</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Indonesia</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">99,658</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">96,127</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Foreign countries</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,199</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,145</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">100,857</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">97,272</font></b></p>
  </td>
 <td width=1% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:17.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:17.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Non-current operating assets for this purpose consist
of property and equipment and intangible assets.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">112</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_118"></a><a name="_bclPageBorder118"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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;margin-left:21.3pt;text-align:justify;text-indent:-21.3pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">38</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TELECOMMUNICATIONS SERVICE TARIFFS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif 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;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Fixed line
telephone tariffs</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif 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:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Activation
fee</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Monthly
subscription charges</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Usage
charges</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Additional
facilities fee.</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Mobile
cellular telephone tariffs</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; On April 7,
2008, the MoCI issued Decree No.&nbsp;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:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Under MoCI Decree
No.&nbsp;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:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Basic
telephony services tariff</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Roaming
tariff, and/or</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Multimedia
services tariff,</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; with the
following traffic structure:</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Activation
fee</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Monthly
subscription charges</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Usage
charges</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=symbol lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">&#183;</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;text-autospace:ideograph-numeric ideograph-other;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;text-autospace:ideograph-numeric ideograph-other;">Additional
facilities fee.</font></p>

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





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">113</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">&#160;&nbsp;</font></i></p>

<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These
consolidated financial statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=IN style="font-size:10.0pt;">38</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; TELECOMMUNICATIONS SERVICE TARIFFS
(continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Interconnection
tariffs</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 provider operators.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif 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 ITRB to be evaluated.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 and the Company&#8217;s
revision of RIO regarding the interconnection tariff.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">d.&#160;&#160; Network
lease tariffs</font></b></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;, in conformity with the Company&#8217;s proposal. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">e.&#160;&#160; Tariff
for other services</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; 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;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<b><font face=arial,sans-serif lang=X-NONE style="font-size:11.0pt;"><br clear=all>


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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">114</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</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%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. SIGNIFICANT COMMITMENTS AND
AGREEMENTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Capital expenditures</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; As of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:37.8pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.5in;width:96.38%;">
 <tr>
  <td valign=bottom width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Currencies</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Amounts in foreign currencies</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;"> (i</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">n millions)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Equivalent Equivalent</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">Rupiah</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">9,283</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">,&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">U.S. dollar</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">402</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5,895</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Euro</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">0.26</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">4</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=57% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=20% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">15,182</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The above balance includes
the following significant agreements</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)&#160;&#160;&#160;&#160; The Company
(continued)</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:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:58.1pt;width:94.16%;">
 <tr style="height:15.7pt;">
  <td valign=top width=38% style="border:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Contracting parties</font></b></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Initial date of
  agreement</font></b></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Significant
  provisions of the agreement</font></b></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and PT Industri
  Telekomunikasi Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">December 30, 2010</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Procurement
  and installation agreement for cooper wire access modernization  through
  Trade In/Trade Off method</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and  PT Len Industri (Persero)</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">March 29, 2012</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Procurement and installation agreement for
  cooper wire access modernization  through Trade In/Trade Off method</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and JF DJAFA Consortium</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">November 14, 2012</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Procurement and installation agreement of
  OSP FTTH DIVA Regional II</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and ASN-PT Lintas Consortium</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">May 6, 2013</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Procurement and installation agreement of
  Sulawesi Maluku Papua Cable System (SMPCS) project</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and NEC Corp-PT NEC Indonesia
  Consortium</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">May 28, 2013</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Procurement and installation of SMPCS
  package-2</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and PT Cisco Technologies
  Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">November 14, 2013</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The partnership for procurement and
  installation agreement of WIFI CISCO</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">The Company and PT
  NEC Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">November 29,
  2013</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Procurement and
  installation agreement IP Radio for Backhaul Node-B Telkomsel Packet 3
  Platform NEC</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and PT </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Huawei Tech
  Investment</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">March</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telkom-3 Substitution (T3S) Satellite
  System</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 align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<b><font face=arial,sans-serif lang=X-NONE style="font-size:11.0pt;"><br clear=all>


</font></b>
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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">115</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_121"></a><a name="_bclPageBorder121"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. SIGNIFICANT COMMITMENTS AND
AGREEMENTS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Capital expenditures (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:58.5pt;text-align:justify;text-indent:-22.5pt;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)&#160;&#160;&#160;&#160; The Company
(continued)</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:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:58.1pt;width:92.14%;">
 <tr style="height:15.7pt;">
  <td valign=top width=39% style="border:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Contracting parties</font></b></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Initial date of
  agreement</font></b></p>
  </td>
 <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Significant
  provisions of the agreement</font></b></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and Thales Alenia Space France</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">July 14, 2014</font></p>
  </td>
 <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telkom-3 Substitution (T3S) Satellite
  System</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and Qnet Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">July 22, 2014</font></p>
  </td>
 <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Procurement and installation of SKKL
  Broadband Network Division</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The Company and PT </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Huawei Tech
  Investment</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">October 24</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Procurement and
  installation Access Point Indonesia WIFI Platform Huawei</font></p>
  </td>
 </tr>
<tr style="height:15.7pt;">
  <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Telkom Malaysia
  Berhad, Telin, Alcatel-Lucent Submarine Networks and NEC
  Corporation</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">January 30,
  2015</font></p>
  </td>
 <td valign=top width=39% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:15.7pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Procurement and
  installation Southeast Asia &#8211; Middle East &#8211; Western Europe 5 Cable System
  (SEA &#8211; ME - WE 5)</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 align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.5in;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii)&#160;&#160; Telkomsel</font></i></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif 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;margin-left:58.1pt;width:92.14%;">
 <tr style="height:13.45pt;">
  <td valign=top width=38% style="border:solid windowtext 1.0pt;height:13.45pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Contracting parties</font></b></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:13.45pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Initial date of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">agreement</font></b></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:13.45pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Significant
  provisions of the agreement</font></b></p>
  </td>
 </tr>
<tr style="height:21.1pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Telkomsel, PT
  Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, </font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">NSN&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> Oy and
  Nokia Siemens Network GmbH &amp; Co. KG</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">April</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> 17,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 2008</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">The c</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">ombined 2G and 3G CS Core Network
  Rollout Agreements</font></p>
  </td>
 </tr>
<tr style="height:16.15pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:16.15pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Telkomsel, PT
  Ericsson Indonesia and PT Nokia Siemens Networks</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:16.15pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">April </font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">17, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2008&nbsp;</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:16.15pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Technical Service Agreement (TSA) for c</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">ombined 2G
  and 3G CS Core Network</font></p>
  </td>
 </tr>
<tr style="height:21.1pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Telkomsel, PT
  Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, </font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">NSN&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> Oy, Huawei
  International Pte. Ltd., PT Huawei and PT ZTE Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">March and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> Jun</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">e </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2009&nbsp;</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2G BSS and 3G UTRAN</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> R</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">oll</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">o</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">ut&nbsp;</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> agreement for the
  provision of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2G
  GSM BSS and 3G UMTS</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">
  Radio Access Network</font></p>
  </td>
 </tr>
<tr style="height:21.1pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Telkomsel, PT Packet
  Systems Indonesia and</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"><br>
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">PT
  Huawei</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">February 3, 2010</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Maintenance and
  procurement of equipment and related service agreement for Next Generation
  Convergence IP RAN Rollout and Technical Support</font></p>
  </td>
 </tr>
<tr style="height:21.1pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Telkomsel, PT </font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Dimension Data</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> Indonesia
  and</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"><br>
  </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">PT
  Huawei</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">February 3, 2010</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Maintenance and
  procurement of equipment and related service agreement for Next Generation
  Convergence Core Transport Rollout and Technical Support</font></p>
  </td>
 </tr>
<tr style="height:21.1pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Telkomsel, Amdocs
  Software Solutions Limited Liability Company and PT Application Solutions</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:left;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">February 8, 2010</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">Online Charging
  System (&#8220;OCS&#8221;) and Service Control Points (&#8220;SCP&#8221;) System Solution
  Development  Agreement  </font></p>
  </td>
 </tr>
<tr style="height:21.1pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telkomsel and PT Application Solutions</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">February 8,
  2010</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:21.1pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Technical Support Agreement  to provide
  technical support services for the OCS and SCP</font></p>
  </td>
 </tr>
<tr style="height:26.95pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:26.95pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telkomsel,
  Amdocs Software Solutions Limited Liability Company and PT Application
  Solutions</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:26.95pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">July 5, 2011</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:26.95pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Development
  and Rollout agreement for Customer Relationship Management and Contact Center
  solutions</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>





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<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="arial italic" lang=EN-US style="font-size:8.0pt;">These consolidated financial statements are
originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. SIGNIFICANT COMMITMENTS AND
AGREEMENTS</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Capital expenditures</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.5in;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;(ii)&#160;&#160; Telkomsel (continued)</font></i></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:.5in;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:58.1pt;width:91.32%;">
 <tr style="height:19.75pt;">
  <td valign=top width=38% style="border:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Contracting parties</font></b></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Initial date of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">agreement</font></b></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Significant
  provisions of the agreement</font></b></p>
  </td>
 </tr>
<tr style="height:19.75pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telkomsel
  and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">PT
  Ericsson Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">March 25, 2013</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Technical
  Support Agreement (TSA)  for the procurement of Gateway GPRS Support Node
  (&#8220;GGSN&#8221;) Service Complex agreement</font></p>
  </td>
 </tr>
<tr style="height:19.75pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=SV style="font-size:8.0pt;">Telkomsel
  and Wipro Limited, Wipro Singapore Pte. Ltd. and PT WT Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">April 23, 2013</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Development
  and procurement of OSDSS Solution agreement</font></p>
  </td>
 </tr>
<tr style="height:19.75pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Telkomsel
  and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">PT
  Ericsson Indonesia</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">October 22, 2013</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:19.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Procurement
  of GGSN Service Complex Rollout agreement</font></p>
  </td>
 </tr>
</table></div>

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

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;text-indent:35.45pt;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(iii)&#160;&#160; GSD</font></i></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE 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:58.1pt;width:91.32%;">
 <tr style="height:18.05pt;">
  <td valign=top width=38% style="border:solid windowtext 1.0pt;height:18.05pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Contracting parties</font></b></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:18.05pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Initial date of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">agreement</font></b></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:18.05pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Significant
  provisions of the agreement</font></b></p>
  </td>
 </tr>
<tr style="height:33.25pt;">
  <td valign=top width=38% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:33.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">TLT </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">(Subsidiary of GSD)</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;"> and PT Adhi Karya</font></p>
  </td>
 <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:33.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">November 6,</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;"> 20</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">12&nbsp;</font></p>
  </td>
 <td valign=top width=40% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;height:33.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Service arrangement structure and main contractor
  architecture for Telkom Landmark Tower Building development project</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.5pt;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;vertical-align:baseline;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Borrowings
and other credit facilities&#160;&#160; </font></b></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><sup><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:3.0pt;">&nbsp;</font></sup></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">(i)&#160;&#160;&#160;&#160; As of </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> 30</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">, 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="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-22.5pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">::</font></p>

<p style="margin-bottom:0in;margin-left:293.4pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:66.6pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&#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; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:58.5pt;width:94.14%;">
 <tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=28% style="border-bottom: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=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Facility
  utilized</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Lenders</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">facility</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Maturity</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Currency</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:8.0pt;">Original</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Rupiah</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">equivalent</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">BRI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">350</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">March 14, 2016</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Rp</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">8</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">7&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">US$</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">BNI</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">250</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">March 3</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">, 2016</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Rp</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">79</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">US$</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">2</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Bank Mandiri</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">150</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">December 2</font><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">, 2015</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Rp</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">22</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% 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 color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">US$</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">0</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">3</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">750</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
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  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
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  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
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  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
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  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">196</font></b></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
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</table></div>

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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

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<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

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<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; SIGNIFICANT COMMITMENTS AND
AGREEMENTS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;"><b><font color=windowtext face="arial bold" lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.
Borrowings and other credit facilities (continued)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.5pt;text-align:justify;text-indent:-13.5pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&#160;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;text-indent:-24.75pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii) &#160;&#160;&#160; Telkomsel has a
US$3 million bond and bank guarantee</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
standby letter of credit facilit</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ies&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> with SCB, Jakarta. The facilities
will expire on July 31, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Under these facilities, as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, Telkomsel has issued a bank guarantee of Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">20&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion (equivalent to US$</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1.4&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> million) for a 3G&nbsp;performance
bond (Note </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.i). The bank guarantee </font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">is valid</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> until </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">March 24, 2016</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel has a Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">00 billion bank guarantee facilitiy
with BRI. The facility will expire on </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">March 25</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Under this facility, as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, Telkomsel has issued a bank guarantee of Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">317&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion (equivalent to US</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">$22 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">million) as </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">payment commitment guarantee for
annual right of usage fee valid until March 31, 2016 and </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">20&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion (equivalent to US</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">$1.4 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">million)&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
for a 3G performance guarantee.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">
&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Telkomsel has a Rp150 billion
bank guarantee </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">facility </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">with BCA. The </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">facility will expire on</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> April 15, 2016.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel has also a Rp100 billion
bank guarantee facility with BNI. The facility will expire on December 11, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">. Telkomsel uses this facility to
replace the time deposit required as guaranty for the USO program amounting to
Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">53&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (Note 39c.v)</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;text-indent:-24.75pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(iii) &#160;&#160; TII has a US$15
million bank guarantee from Bank Mandiri. The facility expires on
December&nbsp;1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> The </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">outstanding bank guarantee facility as
of</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 amount</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ing&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> to US$10 million</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:60.75pt;text-align:justify;text-indent:-24.75pt;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Others</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:49.5pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3G license</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:81.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">With reference to the Decision Letters
No. 07/PER/M.KOMINFO/2/2006, No.&nbsp;268/KEP/M.KOMINFO/9/2009 and No. 191 year
2013 of the MoCI (Note 2i), Telkomsel is required, among other things, to:</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:70.0pt;text-align:justify;text-indent:-15.0pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1.&#160; 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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">2.&#160;&#160; Provide roaming access for the
existing other 3G operators.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">3.&#160;&#160; Contribute to USO development.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4.&#160;&#160; Construct a 3G
network which covers at least 14 provinces by the sixth year of holding the 3G
license.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">5.&#160;&#160; 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>

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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

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<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

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<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;text-indent:-14.2pt;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;text-indent:-14.2pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160;&#160;&#160;&#160;&#160; SIGNIFICANT COMMITMENTS AND
AGREEMENTS (continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Others</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(ii)&#160;&#160; </font><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Radio Frequency
Usage </font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Based on the Decree No. 76 dated
December 15, 2010 of the Government of the Republic of Indonesia, which amended
Decree No. 7 dated January 16, 2009, the annual frequency usage fees for
bandwidths of 800 Megahertz (&#8220;MHz&#8221;), 900 MHz and 1800 MHz are determined using
a formula set forth in </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Decree. The Decree is
applicable for 5 years unless further amended.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As an implementation of the above
Decree, the Company and Telkomsel paid the first</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, second, third and forth </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">year annual frequency usage fees in
2010</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2011, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2 and 2013</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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.&nbsp; On June 27,
2014, the Company signed a Conditional Business Transfer Agreement with
Telkomsel to transfer such business and subscribers to Telkomsel (Notes </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and 3</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">).&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:54.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Based on Decision Letter No.
934 dated September 26, 2014, the MoCI approved t</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he transfer of the Company&#8217;s frequency</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> usage license </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">from the time</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> the decision letter was issued.</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;"> &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:54.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:54.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">During the trans</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ition&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> p</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">eriod</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,
the Company </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">is </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">still able to use the radio
frequency </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">spectrum of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">880-887.5&#160; MHz </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">paired&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> with 925-932.5 MHz until December 14,
2015.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:54.6pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Based on Decision Letters No. 940
dated September 26, 2014, MoCI determined that the fifth year (Y5), 2014,
annual frequency usage fee of Telkomsel was Rp2,198 billion. The fee includes
frequency usage fee transfe</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">r</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">red from Company to Telkomsel and </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">was&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> paid in December 2014</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">T</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">he
Company recorded a restructuring provision of Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">208&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
as of September 30, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.
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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.9pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">On
July 6, 2015, Telkomsel received Decision Letter No.644 Year 2015 dated June
30, 2015, of the MoCI, which replaced Decision Letter No.42 Year 2014 dated
January 29, 2014, the MoCI granted Telkomsel the rights to provide:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:71.9pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(i)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Mobile telecommunication
services with radio frequency bandwidth in the 800 MHz, 900 MHz and 1800 MHz
bands;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:71.9pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(ii)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Mobile telecommunication
services IMT-2000 with radio frequency bandwidth in the 2.1 GHz bands (3G); and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:71.9pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(iii)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Basic telecommunication
services</font></p>





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<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="arial italic" lang=EN-US style="font-size:8.0pt;">These consolidated financial statements are
originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

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<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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;margin-left:14.2pt;text-align:justify;text-indent:-14.2pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160;&#160;&#160;&#160;&#160; SIGNIFICANT COMMITMENTS AND
AGREEMENTS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;text-indent:-14.2pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></b></p>

<ol start=1 type=a style="margin-bottom:0in;margin-top:0in;">
 <li style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Others</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></li>
</ol>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(iii</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">) </font><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Future </font></u><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">m</font></u><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">inimum </font></u><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">l</font></u><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ease </font></u><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">p</font></u><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ayments of </font></u><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">o</font></u><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">perating </font></u><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">l</font></u><u><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ease &nbsp;</font></u></p>

<p style="margin-bottom:0in;margin-left:56.7pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 20</font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and 20</font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Periods maybe extended based
on the agreement by both parties.</font></p>

<p style="margin-bottom:0in;margin-left:56.7pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;&#160; Future minimum lease payments under the operating
lease agreements as of </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> 30</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin-bottom:0in;margin-left:56.7pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=29% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">Less than</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">1 year</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">1-5</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">years</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">More than</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">5 years</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=29% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">As lessee</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">29,819</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">3,767</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">11,384</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">14,668</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=29% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">As lessor</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">3,549</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">994</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">1,923</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">632</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(iv</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">) </font><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">USO &nbsp;</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;text-decoration:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
MoCI issued Regulation No. 15/PER/M.KOMINFO/9/2005 dated September 30, 2005,
which sets forth the basic policies underlying the USO program and requires
telecommunications operators in Indonesia to contribute 0.75% of their gross
revenues (with due consideration for bad debts and interconnection charges) for
USO development. Based on the Government&#8217;s Decree No.&nbsp;7/2009 dated January
16, 2009</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and
Decree No.05/PER/M.KOMINFO/2/2007 dated February 28, 2007</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the contribution was changed to
1.25% of gross revenues, net of bad debts and/or interconnection charges and/or connection charges.
Subsequently, in December 2012, Decre</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">e </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">latest
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<b><font face=arial,sans-serif lang=X-NONE style="font-size:11.0pt;"><br clear=all>


</font></b>
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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">120</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_126"></a><a name="_bclPageBorder126"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;text-indent:-14.2pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160;&#160;&#160;&#160;&#160; SIGNIFICANT COMMITMENTS AND
AGREEMENTS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:14.2pt;text-align:justify;text-indent:-14.2pt;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:4.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">c.&#160;&#160; Others</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(iv</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">) </font><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">USO
(continued)
</font></u></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Based
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">on </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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.&nbsp;11/PER/M.KOMINFO/04/2007 dated April 13, 2007 and MoCI Decree No.
38/PER/M.KOMINFO/9/2007 dated September 20, 2007, it is stipulated that, among
others, in providing telecommunication access and services in rural areas
(USO&nbsp;Program), the provider is determined through a selection process b</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">y </font><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Balai Telekomunikasi&nbsp;dan Informatika Pedesaan </font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(&#8220;BTIP&#8221;) which was established based
on MoCI Decree No.&nbsp;35/PER/M.KOMINFO/11/2006 dated November 30, 2006. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Subsequently, based on Decree
No.&nbsp;18/PER/M.KOMINFO/11/2010 dated November 19, 2010 of MoCI, BTIP was
changed to </font><i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Balai Penyedia dan Pengelola Pembiayaan Telekomunikasi dan
Informatika</font></i><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> (&#8220;BPPPTI&#8221;)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Company&nbsp;</font></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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&nbsp;billion, covering Nanggroe Aceh Darussalam, North
Sumatera, North Sulawesi, Gorontalo, Central Sulawesi, South Sulawesi and South
East Sulawesi.</font></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">On December
23, 2010, the Company was selected in a tender by the Government through BTIP
to provide mobile internet access service centers for USO sub-districts for a
total amount of 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;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel&nbsp;</font></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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. </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Accordingly, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Telkomsel obtain local fixed-line
licenses and the right to use radio frequency in the 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">390&nbsp;MHz
&#8211; 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">400 MHz bandwith.</font></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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. </font></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In January
2010, the MoCI granted Telkomsel operating licenses to provide local fixed-line
services under the USO program.</font></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 1, 2 and 3 packages with a total price of
Rp261 billion. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">On
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30, 201</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
the USO program</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
for packages 1,<sup> </sup>2,<sup> </sup>3,<sup> </sup>6<sup> </sup>and 7 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ceased.&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> On September </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8, 2014, Telkomsel filed an
arbitration claim with the Indonesia National Board of Arbitration for the
settlement of the outstanding receivable from BPPPTI. As of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015, the outstanding accounts
receivable balance from </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">those
USO program</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
amounted to Rp107.8 billion. As of the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">issuance
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">date of approval
and authorization for the issuance of the consolidated financial statements,
the arbitration claim</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> still in process. f
Arbitration for the settlement of the outstanding receivable from BPPPTI. As of
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">June 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015, the outstanding
accounts receivable balance from </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">those
USO program</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
amounted to Rp107.8 billion. As of the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">issuance
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">date of approval
and authorization for the issuance of the consolidated financial statements,
the arbitration claim</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> still in process.&#160; </font></p>

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">39</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; SIGNIFICANT COMMITMENTS AND
AGREEMENTS (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;">c.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:115%;">Others
(continued)</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:4.0pt;line-height:115%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(iv</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">) </font><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">USO
(continued)
</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">For
nine months period ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014,</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> the Company and Telkomsel recognized
the following amounts:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=58% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=22% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">5&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">201</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Revenues</font></p>
  </td>
 <td width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Construction</font></p>
  </td>
 <td width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">-&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Operation
  of telecommunication service centre</font></p>
  </td>
 <td width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">20</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">139</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Profits</font></p>
  </td>
 <td width=22% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Construction</font></p>
  </td>
 <td width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">0</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=58% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Operation
  of telecommunication service centre</font></p>
  </td>
 <td width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">209&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=20% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">(74</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the Company&#8217;s and Telkomsel&#8217;s trade
receivables from the USO programs which
are measured at amortized cost using the effective interest rate method
amount to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">663&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">and Rp655</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, respectively </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(Notes 6 and 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif 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:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:3.0pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">v)&#160; </font><u><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Trademark License
Agreement</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; On June 23, 2014, TII signed an
agreement with Mobile Telecommunication Company (Zain Saudi Arabia) for the
telecommunications product and service trademark&#160; license agreement over a
5-year term has elapsed from the effective date. Subsequently, on November 7,
2014, TII signed an agreement with Al Lama Group for distributions and sales of
SIM Card and exploration of other business opportunities in Saudi Arabia.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:3.0pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; CONTINGENCIES </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:19.6pt;text-align:justify;text-indent:-1.6pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">In the ordinary course of business,
the Group has been named as defendants in various legal actions in relation
with land disputes, monopolistic practice and unfair business competition and
SMS cartel practices. Based on management's estimate of the probable outcomes
of these matters, the Group has recognized provision for losses amounting to Rp</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">25 </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">billion as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif 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=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:3.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.2in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">a.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">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=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Komisi Pengawasan
Persaingan Usaha</font></i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&#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:3.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US 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-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Due to the filing of
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&nbsp;12, 2011, the SC </font><font color=windowtext face=arial,sans-serif lang=X-NONE style="background:white;font-size:10.0pt;">appointed the </font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Central Jakarta District Court </font><font color=windowtext face=arial,sans-serif lang=X-NONE style="background:white;font-size:10.0pt;">to investigate and resolve the case.</font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">On May 27, 2015 Central Jakarta District Court decided to
win the Company, Telkomsel and seven other local operators upon the case. On July 23,
2015 the KPPU filed a cassation to the Supreme Court relating to allegation of
SMS Cartel Practices.</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">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>





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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_128"></a><a name="_bclPageBorder128"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; CONTINGENCIES </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(continued)&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:36.7pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.7pt;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;layout-grid-mode:char;">b.</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;layout-grid-mode:char;">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. </font></p>

<p style="margin-bottom:.0001pt;margin-left:36.7pt;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:4.0pt;layout-grid-mode:char;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 Supreme Court. On
January 9, 2015, the Company received the SC Notice </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">No. 226/Pdt.G/2012/PN.Mks. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:34.65pt;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=X-NONE style="font-size:10.0pt;layout-grid-mode:char;">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="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.45pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; ASSETS AND LIABILITIES DENOMINATED IN FOREIGN
CURRENCIES</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Assets and liabilities denominated in foreign currencies are as
follows</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=7 valign=bottom width=69% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;"> 30, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">U.S. dollar</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(in millions)</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Japanese yen</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(in millions)</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Others*</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(in millions)</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Rupiah</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">equivalent</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(in billions)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Assets</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">528.56</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8.38</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">17.07</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">7.951</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Other current financial assets</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">30.47</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">446</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Trade receivables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Related parties</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1.40</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">20</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Third parties</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">106.32</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">3.49</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">610&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other receivables</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">0.32</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">0.11</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">6</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Advances and other non-current assets</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3.87</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">0.04</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">58</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total assets</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">670.94</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8.38</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">20.71</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">10.091</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Liabilities</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Trade payables</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Related parties</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1.61&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(0.1</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">25&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Third parties</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">169.72&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">16.40&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">4.41&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2.555&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Other payables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">10.01&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(0.01</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(0.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">39&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(1</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">5</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Accrued expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">35.80&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(83.02</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1.20</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(5</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">1</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Advances from customers and suppliers</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">89&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(0.05</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">(14)</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Current maturities of long-term
  liabilities</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(28.</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">71&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(767.90</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">515&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Promissory notes</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2.68&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">39&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Long-term liabilities - net of current
  maturities</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">196.93&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(6,527.13</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(3,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">682&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total liabilities</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">446.35</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">,&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7,394.46&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">3.78&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(7,</font><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">499&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">Assets (</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Liabilities</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;"> - net</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">224.59</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">7,386.08&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">16.</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">93&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">(</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">2.592&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:24.75pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-6.3pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:24.75pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-6.3pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">* Assets and liabilities denominated in
other foreign currencies are presented as U.S. dollar equivalents using the buy
and sell rates quoted by Reuters prevailing at the end of the reporting period.</font></p>

<p style="margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:4.0pt;">&nbsp;</font></b></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">1</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; ASSETS AND LIABILITIES DENOMINATED IN FOREIGN
CURRENCIES</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
(continued)</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=7 valign=bottom width=70% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">U.S. dollar</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Japanese yen</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Others*</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(in millions)</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Rupiah</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">equivalent</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">(in billions)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Assets</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Cash and cash
  equivalents</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">364.47</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8.45</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">15.59</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4,721</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Other current financial
  assets</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">15.50</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">193</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Trade receivables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Related parties</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2.05</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">26</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Third parties</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">72</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">.</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">88&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">2.83</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">938</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Other receivables</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">0.39</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">0.11</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">6</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Advances and other
  non-current assets</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">4.06</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">0.05</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">52</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Total assets</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">459.35</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">8.45</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">18.58</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">5,936</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Liabilities</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Trade payables</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Related parties</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(0.21</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(0.16</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(5</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Third parties</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(215.68</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(19.36</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(3.41</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2,725</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Other payables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(3.42</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1.15</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(57</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Accrued expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(65.91</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(27.39</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1.02</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(836</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Short</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">-</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">term bank loan</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(100.00</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,244</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Advances from
  customers and suppliers</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(2.41</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(0.07</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(31</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Current maturities
  of long-term liabilities</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(34.60</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(767.90</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(510</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Promissory notes</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(7.16</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(88</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Long-term
  liabilities - net of current maturities</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(71.00</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(6,911.08</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=18% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,597</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Total liabilities</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(500.39</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(7,725.73</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(5.81</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 <td width=18% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(7,093</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">Assets (</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">Liabilities</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;"> - net</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(41.04</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td width=17% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(7,717.28</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">12.77</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">(1,157</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:24.75pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-6.3pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:24.75pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-6.3pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">* Assets and liabilities denominated in
other foreign currencies are presented as U.S. dollar equivalents using the buy
and sell rates quoted by Reuters prevailing at the end of the reporting period.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The Group&#8217;s activities expose them to
a variety of financial risks, including the effects of changes in debt and
equity market prices, foreign currency exchange rates, and interest rates.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">If the Group reports monetary assets
and liabilities in foreign currencies as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> using the exchange rates on</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> October 26</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the unrealized foreign exchange </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">loss amounted to Rp172</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> billion.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; FINANCIAL RISK MANAGEMENT </font></b></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.75in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Financial risk management</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
Group&#8217;s activities expose it to a variety of financial risks such as market
risks (including foreign exchange risk and interest rate risk), credit risk and
liquidity risk. Overall, the 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 for 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="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Financial risk management is carried out by </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Corporate Finance</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> unit under policies approved by the Board of
Directors. The </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Corporate
Finance unit</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> identifies,
evaluates and hedges financial risks.</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">124</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_130"></a><a name="_bclPageBorder130"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; FINANCIAL RISK MANAGEMENT </font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(continued)&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:41.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp; </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Financial risk management (continued)</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:58.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">a.</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Foreign exchange risk</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:left;text-indent:.15pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:56.7pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The Group </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">is&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> 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 color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">dollars&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> and Japanese </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">y</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">en. The Group</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8217;s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> exposure</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> to other foreign exchange rates are
not material.</font></p>

<p style="margin-bottom:0in;margin-left:53.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&#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; &nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:56.7pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Increasing risks of foreign currency exchange rates on
the obligations of </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he Group are expected to be offset by</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> the effects of the exchange rates on</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> time deposits and receivables in foreign
currencies that are equal to at least 25% of the outstanding </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">current </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">foreign currency liabilities.</font><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:56.7pt;margin-right:0pt;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">The following</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> table </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">presents
</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he Group</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#8217;s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> financial assets and </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">financial </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">liabilities </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">exposure to foreign currency risk:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0pt;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:58.5pt;width:94.14%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=33% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:8.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">
  30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=31% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:8.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">U.S. dollar</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Japanese yen</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">U.S. dollar</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Japanese yen</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">(in billions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Financial assets</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">67&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.01</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">0.4</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">6&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">0.01</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=35% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Financial liabilities</font></p>
  </td>
 <td width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(0.</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">45&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(7.</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">40&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 <td 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 color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">(0.50</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></p>
  </td>
 <td width=16% 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 color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">(7.73</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=35% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net exposure</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.22</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(7.3</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">9&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">(0.0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">(7.72</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">)</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.75in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.75in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">Sensitivity analysis</font></b></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">A strengthening of the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">U</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.S.dollar and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> Japanese </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">y</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">en</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, as indicated below, against the rupiah at </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> would have decreased equity and profit or loss by the
amounts shown below. This analysis is based on foreign currency exchange rate
variances that the 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 cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td width=81% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">Equity/loss</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=81% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:55.0pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=81% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">U.S. dollar (1%
  strengthening)</font></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">32</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.1pt;">
  <td width=81% style="background:#c6d9f1;height:8.1pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Japanese yen (5%
  strengthening)</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:8.1pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(4</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">5&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:8.1pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">)</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:55.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">A weakening of the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">U</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.S.d</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">ollar&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
Japanese </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">y</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">en&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> against the rupiah at </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:17.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">b.&#160;&#160; Market price risk</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:17.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:54.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">The Group </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">is&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> exposed to cha</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">n</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">ges in debt and equity market prices related to available-for-sale
investments carried at fair value. Gain</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> and
losses arising from changes in the fair value of available-for-sale investments
are recognized in equity.</font></p>

<p style="margin-bottom:0in;margin-left:54.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:54.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; The performance of </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he Group</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#8217;s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> available-for-sale investments </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">is&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> monitored periodically, together with a regular asses</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">s</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">ment of their relevance to </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he Group</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#8217;s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> long</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">-</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">term strategic plans.</font></p>

<p style="margin-bottom:0in;margin-left:54.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:54.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:10.0pt;">As of </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> 30</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:10.0pt;">, management
considered the price risk for the Group&#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="margin-bottom:0in;margin-left:54.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:8.0pt;">&nbsp;</font></p>

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





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">125</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_131"></a><a name="_bclPageBorder131"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; FINANCIAL RISK MANAGEMENT
(continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:55.0pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:54.6pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-18.2pt;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">c. &#160; Interest rate risk</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:17.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Interest rate fluctuation is monitored
to minimize any negative impact to financial p</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">erformance</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">.
Borrowings at variable interest rates expose </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">he
Group to interest rate risk (Notes </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">6</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">,
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">18</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">19 and</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0).
To measure market risk </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">pertaining
to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">fluctuations
in interest rates, </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">he Group primarily use</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> interest margin and maturity profile
of the financial assets and liabilities based on changing schedule of the
interest rate.</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">At reporting date, the interest rate
profile of the Group&#8217;s interest-bearing borrowings was as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:54.05pt;width:94.58%;">
 <tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=22% style="border-bottom: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=arial,sans-serif lang=IN style="font-size:10.0pt;">September</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;"> 30, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">December 31, 2014</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Fixed rate borrowings</font></p>
  </td>
 <td valign=top width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">16,831&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(10,113</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Variable rate borrowings</font></p>
  </td>
 <td valign=top width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(1</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">8</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">,</font><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">16</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">6&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">(13,339</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:17.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Sensitivity analysis for variable rate
borrowings</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">A</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">s of September</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">45
</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">billion, respectively.
This analysis assumes that all other variables, in particular foreign currency
rates, remain constant.</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=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">d.&#160;&#160; Credit
risk</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The following</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> table </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">presents </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">the maximum exposure to credit risk of
the Group&#8217;s financial assets:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:54.05pt;width:94.58%;">
 <tr>
  <td valign=bottom width=59% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:6.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=22% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">September 30,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="border-bottom: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=arial,sans-serif style="font-size:10.0pt;">December 31,</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">2014 (Restated)</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td valign=top width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">26</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,2</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">64&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">17,6</font><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:10.0pt;">72&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Other current financial assets</font></p>
  </td>
 <td valign=top width=22% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,9</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">97&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2,797</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Trade and other receivables, net</font></p>
  </td>
 <td valign=top width=22% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">9</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">870&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">7,380</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Advances and other non-current assets</font></p>
  </td>
 <td valign=top width=22% 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 color=windowtext face=arial,sans-serif style="font-size:10.0pt;">535</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=19% 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 color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">546</font></p>
  </td>
 <td valign=top width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=22% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">9</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">,</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">666&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:10.0pt;">28,395</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The Group is exposed to credit
risk primarily from trade and other receivables. </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The c</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">redit
risk is managed by continuous monitoring </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">of
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">outstanding
balances and collection</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:10.0pt;">Trade and other receivables do not have any
major concentration risk whereas no customer </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">r</font><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:10.0pt;">eceivable balances exceed </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4</font><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:10.0pt;">% of trade receivables of </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">September 30, 2015</font><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-AU style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Management is confident in its ability to continue to
control and sustain minimal exposure </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">to&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> credit risk given that
</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he Group ha</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">s recogniz</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">ed sufficient </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">provision for impairment of receivables</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> to cover incurred loss arising from uncollectible
receivables based on existing historical </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">data on credit losses</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">e.&#160;&#160; Liquidity risk</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Liquidity risk arises in situations where </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he Group ha</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> difficulties in fulfilling financial
liabilities when they become due. </font></p>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</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=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; FINANCIAL RISK MANAGEMENT
(continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">e.&#160;&#160; Liquidity risk (continue)</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Prudent liquidity risk management implies maintaining
sufficient cash in order to </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">meet t</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">he
Group&#8217;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> financial </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">obligations</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">. The Group
continuously perform</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> an analysis to monitor </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">financial position</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> ratios, </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">such as </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">liquidity ratios</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> and</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;"> debt</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">-to-</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">equity ratios</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">
against debt covenant requirements.</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;text-indent:.5in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The following is the
maturity profile of the Group&#8217;s financial liabilities:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;text-indent:.5in;"><font color=windowtext face=arial,sans-serif 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;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Carrying</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Contractual</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">cash flows</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">6&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">7&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">8&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">9&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">
  and</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">thereafter</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">September 30, 2015</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Trade and other payables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">13,5</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">00&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(13,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">500&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(13,5</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">00&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Accrued expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">8,128</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">8,128&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">8,128&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Loans and other borrowings</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Bank loans</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">19,069</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(2</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">3,898&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">5,544&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">1,340&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(3,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">919&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(8,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">418&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">4,677&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Bonds and notes</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">9,560</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">21,198&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(1,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">039&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">258&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">1,017&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">1,012&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(17,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">872&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Obligations unde finance
  leases</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;"> </font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">4,694</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">6,281&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">1,011&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">253&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">971&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">904&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(3,142</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Two-step loans</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">1,</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">674&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">1,986&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">307&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">109&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">293&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">258&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(1,019</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">56,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">625&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">74,991&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(29,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">529&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">1,960&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">6,200&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(10,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">592&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(26,</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">710&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></b></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>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:751.000000pt;">
 <tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Carrying</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Contractual</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">cash flows</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">6&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">7&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">8&nbsp;</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">
  and</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">thereafter</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">December 31, 2014</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;"> (Restated)</font></b></p>
  </td>
 <td colspan=2 width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><sup><font color=windowtext face=Arial,sans-serif style="font-size:4.0pt;">&nbsp;</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Trade and other payables</font></p>
  </td>
 <td colspan=2 width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">12,476</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(12,476</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(12,476</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Accrued expenses</font></p>
  </td>
 <td colspan=2 width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">5,211</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(5,211</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(5,211</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Loans and other borrowings</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=11% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Bank loans</font></p>
  </td>
 <td colspan=2 width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">13,740</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(16,468</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(6,830</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(3,172</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(2,552</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(2,099</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(1,815)</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Obligations under finance
  leases</font></p>
  </td>
 <td colspan=2 width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">4,789</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(6,535</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(975</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(927</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(898</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(830</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(2,905</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Bonds and notes</font></p>
  </td>
 <td colspan=2 width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">3,308</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(4,673</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(1,370</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(251</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(229</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(228</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(2,595</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Two-step loans</font></p>
  </td>
 <td colspan=2 width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">1,615</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(1,944</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(282</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(274</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(264</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(230</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(894</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td colspan=2 width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">41,139</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(47,307)</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(27,144)</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(4,624</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=12% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(3,943</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">(3,387</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">)</font></b></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:7.5pt;">(8,209)</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr height=0>
  <td width=14%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=11%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=11%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=11%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=11%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:53.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:53.85pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">The difference between the carrying amount and the
contractual cash flows is interest value.</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><sup><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:1.0pt;text-decoration:none;">&nbsp;</font></sup></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:3.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-53.1pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">1.</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Fair value of financial
assets and </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">financial </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">liabilities&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">a</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160; Fair
value measurement</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:.55pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:.55pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:18.55pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;margin-right:0pt;margin-top:0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:70.9pt;margin-right:0pt;margin-top:0in;text-align:justify;text-indent:-16.9pt;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(i)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The fair values of short-term
financial assets and financial liabilities with maturities of one year or less
(cash and cash equivalents, trade receivables, other receivables, other current
assets, trade payables, other payables, accrued expenses, and short-term bank
loans), long-term investments, advances and other non-current assets are
considered to </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">approximate
their carrying amount</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">s </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">as the impact of discounting is
not significant</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">127</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



<p align=left style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:left;"><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; &nbsp;</font></p>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:.25in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_133"></a><a name="_bclPageBorder133"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

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





</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&#160; </font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">FINANCIAL RISK MANAGEMENT (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; 2.&#160;&#160; </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Fair value of financial assets and </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">financial </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">liabilities&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#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:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">a</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160; Fair value measurement
(continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">(ii)</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The fair values of long-term
financial asssets and financial liabilities (other non-current assets
(long-term receivables and restricted cash) and liabilities) approximate their
carrying amounts as they were measured based on the discounted future
contractual cash flows.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:.55pt;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(iii)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp; </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Available-for-sale financial assets
primarily consist of shares, mutual funds and Corporate and Government bonds.
Shares and 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="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;margin-right:0pt;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">(i</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">v</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">)&#160; </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">The fair values of long-term </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">financial </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">liabilities are estimated by
discounting the future contractual cash flows of each liability at rates
offered to </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">he Group for similar </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">liabilities&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;"> of comparable maturities by the
bankers of </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">t</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">he Group, except for bonds
which are based on market prices.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-right:.2pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The fair value estimates are
inherently judgmental and involve various limitations, including:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;margin-right:0pt;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">a.&#160;&#160; Fair values presented
do not take into consideration the effect of future currency fluctuations. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:71.85pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.&#160;&#160; 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">b.&#160;&#160; Classification and fair value</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:7.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The following table presents the
carrying value and estimated fair values of the Group's financial assets and
liabilities based on their classifications</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, other than those with carrying
amounts that are reasonable approximation of fair values</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:1.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=11 valign=bottom width=66% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">September 30</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Trading</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Loans and</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">receivables</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Available for sale</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Other</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">financial</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">liabilities</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">carrying</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Fair</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">value</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.5pt;">26,</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">264&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">26,264</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">26,264</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Other current financial assets</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">2,834</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">163</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">2,997</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">2,997</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Trade and other receivables,
  net</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">9,870</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.5pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">9,870</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">9,870</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Advances and other non-current
  assets</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">535</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:6.5pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">535</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">535</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total financial assets</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face="arial bold" lang=X-NONE style="font-size:6.5pt;">39,503</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face="arial bold" lang=X-NONE style="font-size:6.5pt;">163</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face="arial bold" lang=X-NONE style="font-size:6.5pt;">39,666</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face="arial bold" lang=X-NONE style="font-size:6.5pt;">39,666</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Trade and other payables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(13,500</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(13,500</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(13,500</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Accrued expenses</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(8,128</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(8,128</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(8,128</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Loans and other borrowings</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Short-term bank loans</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(427</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(427</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(427</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Long-term bank
  loans</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(18,642</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(18,642</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(18,768</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Obligation under finance lease</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(4,694</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(4,694</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(4,694</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Bonds and notes</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(9,560</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(9,560</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(9,290</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Two-step loans</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(1,</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:6.5pt;">674&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(1,</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:6.5pt;">674&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(1,</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:6.5pt;">705&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total financial liabilities</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(56,625</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td width=9% style="border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(56,625</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></b></p>
  </td>
 <td width=14% style="border-bottom:double windowtext 2pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:6.5pt;">(56,512</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">)</font></b></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>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=11 valign=bottom width=66% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">December 31,
  2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Trading</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Loans and</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">receivables</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Available for sale</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Other</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">financial</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">liabilities</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">carrying</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Fair</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">value</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">17,6</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">7</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">17,6</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">7</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">17,6</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">7</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Other current financial assets</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2,543</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">254</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2,797</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">2,797</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Trade and other receivables,
  net</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">7,380</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">7,380</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">7,380</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Advances and other non-current
  assets</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">546</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">546</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">546</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=33% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">Total financial assets</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">28,141</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">254</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">28,395</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">28,395</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">128</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">.&#160; FINANCIAL RISK MANAGEMENT (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.75in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">2.</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Fair value of financial
assets and </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">financial </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">liabilities&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">b.</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Classification
and fair value (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif 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;margin-left:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=11 valign=bottom width=69% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">December 31, 2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=31% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom: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=arial,sans-serif style="font-size:9.0pt;">Trading</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Loans and</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">receivables</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Available for sale</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top: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=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Other</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">financial</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">liabilities</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Total</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">carrying</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">amount</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Fair</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">value</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Trade and other
  payables</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(12,476</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(12,476</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(12,476</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Accrued expenses</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(5,211</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(5,211</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(5,211</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Loans and other
  borrowings</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Short-term
  bank loans</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,810</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,810</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,810</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Long-term
  bank loans</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(11,930</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(11,930</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(11,787</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Obligation
  under finance lease</font></p>
  </td>
 <td width=11% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(4,789</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=10% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(4,789</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(4,789</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Bonds
  and notes</font></p>
  </td>
 <td width=11% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(3,308</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(3,308</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(3,355</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Two-step
  loans</font></p>
  </td>
 <td width=11% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,615</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=10% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,615</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td width=16% 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 color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(1,650</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td width=31% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">Total financial
  liabilities</font></b></p>
  </td>
 <td width=11% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">-</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-GB style="font-size:9.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">1,139&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></b></p>
  </td>
 <td width=10% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(41,139</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">)</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">(41,078)</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">c</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160;&#160;&#160; Fair
value hierarchy</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The table below presents the recorded
amount of financial assets measured at fair value and limited mutual funds
participation unit for debt-based securities where the Net Asset Value (&#8220;NAV&#8221;)
per share of the investments information is not published as explained below:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.5%;">
 <tr>
  <td width=36% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=7 width=64% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">September </font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">30</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">, 2015</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">c</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=48% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Fair value
  measurement at reporting date using</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Balance</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Quoted prices </font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">in active
  markets for identical</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">assets or</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">liabilities</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(level 1)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Significant
  other</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">observable</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">inputs</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(level 2)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Significant</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">unobservable</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">inputs</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(level 3)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Financial
  assets</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Available-for-sale
  securities</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">260</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">55</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">205</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Fair value to
  profit or loss securities</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">290</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">290</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">5</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">5</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">0&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">55</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">205</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">290</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></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>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.75in;width:94.5%;">
 <tr>
  <td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=7 valign=bottom width=64% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">December 31,
  201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=48% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Fair value
  measurement at reporting date using</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Balance</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Quoted prices </font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">in active
  markets for identical</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">assets or</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">liabilities</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(level 1)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Significant
  other</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">observable</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">inputs</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(level 2)</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Significant</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">unobservable</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">inputs</font></b></p>
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">(level 3)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Financial
  assets</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Available-for-sale
  securities</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">254</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">52</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">202</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=36% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Fair value to
  profit or loss securities</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">90&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">90&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=36% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">54</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">4&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">52</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">202</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">2</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:8.0pt;">90&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>





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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">129</font><font style="display:none;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"></font></font></p>



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</DIV>
<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">.&#160; FINANCIAL RISK MANAGEMENT (continued)</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:35.45pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">2.</font><font color=windowtext face="times new roman" lang=X-NONE style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">Fair value of financial
assets and </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">financial </font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">liabilities&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> (continued)</font></p>

<p style="margin-bottom:0in;margin-left:35.45pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">c.&#160;&#160;&#160; Fair value hierarchy (continued)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">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="margin-bottom:0in;margin-left:53.55pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.85pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">Financial asset at fair value through
profit or loss represens the Put Option on the 20% remaining ownership in
Indonusa which was received as part of the divestment considerations. 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-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:53.55pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">M</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">utual 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
require 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="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:53.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Reconciliations of the beginning and
ending balances for items measured at fair value using significant unobservable
inputs (level 3) as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 30</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face=arial,sans-serif 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:.75in;width:94.58%;">
 <tr>
  <td valign=bottom width=60% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Balance at January 1</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">290</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">297</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Purchases</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.15in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Included in consolidated statement of
  comprehensive Income</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Realized loss</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;"> - </font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">recognized in profit or loss</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:.3in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.15in;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Unrealized loss - recognized in other comprehensive income</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">Redemption</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">-</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=60% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">Balance at </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">June
  30</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">290</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=19% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">297</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">.&#160; CAPITAL
MANAGEMENT</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
capital structure of the Group is as follows:</font></p>

<p style="margin-bottom:0in;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:8.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=30% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=35% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">September
  3</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=33% style="border-bottom: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=Arial,sans-serif lang=IN style="font-size:10.0pt;">December
  31, 2014 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">Amount</font></b></p>
  </td>
 <td width=1% style="border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif 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;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Portion</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="border-bottom: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=Arial,sans-serif style="font-size:10.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="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=Arial,sans-serif style="font-size:9.0pt;">&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:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Portion</font></b></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Short-term debts</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">427</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">0.40%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1,810</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">1.98%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Long-term debts</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">34,570</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">32.68%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">21,642</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">23.72%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total debts</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">34,997</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">33.08%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">23,452</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">25.70%</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Equity attributable
  to owners</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">70,791</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">66.92%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">67,816</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">74.30%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td width=30% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">105,788</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">100.00%</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">91,268</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="background:#c6d9f1;border-bottom:double windowtext 2pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">100.00%</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>





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<p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><i><font color=windowtext face="arial italic" lang=X-NONE style="font-size:8.0pt;">These consolidated financial
statements are originally issued in Indonesian language.</font></i></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><i><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">PT
TELEKOMUNIKASI INDONESIA Tbk  AND ITS SUBSIDIARIES</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">As of September 3</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the Nine Months Period
Then Ended (Unaudited)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;(Figures in
tables are expressed in billions of </font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">R</font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">upiah, unless otherwise stated)</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;text-align:left;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

</div>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:5.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><a href="#TOC"><u><font color=blue face=Arial,sans-serif lang=EN-US style="font-size:9.0pt;">Table of Contents</font></u></a></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;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">3</font></b><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; CAPITAL MANAGEMENT (continued)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> objectives when managing capital are
to safeguard the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Periodically,
the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> 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 </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> will consider buying back its shares of stock or paying
dividend to its stockholders. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">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 which is
comparable with its competitors. </font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">Debt-to-equity
ratio (comparing net interest-bearing debt to total equity) is a ratio, which
is monitored by management to evaluate the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> capital structure and review the effectiveness of the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8217;s debts. The </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> monitors its debt levels to ensure the debt-to-equity
ratio complies with or is below the ratio set out in its contractual borrowings
and that such ratio is comparable or better than that of regional area entities
in the telecommunications industry. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">The
</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&#8217;s debt-to-equity ratio as of </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and December 31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;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;margin-left:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=62% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">September 31, </font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">December 31, </font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">4 (Restated)</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total
  interest-bearing debts</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">34,997</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">23,452</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Less</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">:&nbsp;</font><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">
  cash and cash equivalents</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(26,264</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">(17,</font><font color=windowtext face=Arial,sans-serif lang=EN-GB style="font-size:10.0pt;">67</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">2&nbsp;</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net debts</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8,733</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">5,780</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Total equity
  attributable to owners</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">70,791</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% 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 color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">67,816</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><b><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Net debt-to-equity
  ratio</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">12.34%</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">8.52%</font></b></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif 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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:17.85pt;text-align:justify;"><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">As
stated in Note 1</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">8</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">19&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> and 2</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">Group&nbsp;</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;"> is required to maintain a certain debt-to-equity ratio
and debt service coverage ratio by the lenders. During </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">the </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">six&nbsp;</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">
months period </font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">ended </font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">September 3</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">0</font><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and for the year ended December
31, 2014</font><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">, the
Company has complied with the externally imposed capital requirements.</font></p>

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

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

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=IN style="font-size:10.0pt;">4</font></b><b><font color=windowtext face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">.&#160; SUPPLEMENTAL CASH FLOWS INFORMATION</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=arial,sans-serif 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:-9.0pt;"><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">&#160;&#160; The non-cash investing activities for the years ended
</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">September&nbsp;</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;">
30</font><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">, 2015 and 2014</font><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:10.0pt;"> are as follows:</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font color=windowtext face=Arial,sans-serif 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:.25in;width:98.2%;">
 <tr>
  <td valign=bottom width=62% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">September 3</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">, </font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">September 3</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">0</font></b><b><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">, </font></b><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">201</font></b><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Acquisition of
  property and equipment credited to:</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Trade
  payables</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">4,045</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">7,523</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><font color=windowtext face=Arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=62% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:left;"><font color=windowtext face=Arial,sans-serif style="font-size:10.0pt;">Obligations
  under finance leases</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=left style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">554</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><b><font color=windowtext face=Arial,sans-serif lang=X-NONE style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:10.0pt;">372</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:0in;"><font color=windowtext face=Arial,sans-serif lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>



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