<SEC-DOCUMENT>0001001807-16-000064.txt : 20161108
<SEC-HEADER>0001001807-16-000064.hdr.sgml : 20161108
<ACCEPTANCE-DATETIME>20160929083501
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001001807-16-000064
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20160929

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:		CORRESP

	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>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>

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<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
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  <p align=right style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><img alt="logotelkomtelestra_01" height=99 id="Picture1" src="x16092919290900.jpg" width=125>&nbsp;</p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Via EDGAR and E-mail                                                         </font><font face="Times New Roman" lang=IN style="font-size:11.0pt;line-height:13.0pt;">                                          </font><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">                                                                                 &nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">September 29, 201</font></b><b><font face="Times New Roman" lang=IN style="font-size:11.0pt;line-height:13.0pt;">6&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Ms. Cecilia Blye<br>
  Chief, Office of Global Security Risk<br>
  Securities and Exchange Commission<br>
  Washington D.C. 20549<br>
  United States of America</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-indent:-35.3pt;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">RE:     Perusahaan
  Perseroan (Persero) PT Telekomunikasi Indonesia Tbk<br>
  a/k/a Telkom Indonesia<br>
  Form 20-F for the Fiscal Year Ended December 31, 2015<br>
  Filing date: April 1, 2016 <br>
  File no.: 1-14406</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Dear Ms. Blye:</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">This is in response to the comment letter of the staff of
  the Securities and Exchange Commission (respectively, the &#8220;Staff&#8221; and the
  &#8220;Commission&#8221;) dated August 15, 2016, relating to the annual report on Form
  20-F for the fiscal year ended December 31, 2015 (the &#8220;2015 Form 20-F&#8221;) of
  Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the
  &#8220;Company&#8221;).</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">The Company is also submitting a copy of this letter to
  the Commission as &#8220;correspondence&#8221; via EDGAR.</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">For your convenience, the Company has included the
  Staff&#8217;s comments in this response letter in bold form and keyed its responses
  accordingly. The Company&#8217;s responses to the comments are as follows.</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-35.3pt;text-justify:inter-ideograph;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">1.         We note references in the
  Form 20-F and in independent news articles to your business in the Middle
  East. Syria, located in the Middle East and Sudan, which can be included in
  references to the Middle East, are designated by the U.S. Department of State
  Department as state sponsors of terrorism, and are subject to U.S. economic
  sanctions and export controls. Your Form 20-F does not include disclosure
  about those countries. Please describe to us the nature and extent of any
  past, current, and anticipated contacts with Syria and Sudan, whether through
  subsidiaries, affiliates, distributors, resellers, or other direct or
  indirect arrangements. You should describe any products, components,
  technology or services you have provided, directly or indirectly to Syria and
  Sudan, and any agreements, commercial arrangements, or other contacts with
  the governments of those countries or entities they control.</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-justify:inter-ideograph;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">RESPONSE:</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">The Company&#8217;s subsidiary, PT
  Telekomunikasi Selular (&#8220;Telkomsel&#8221;), is party to international roaming
  agreements with GSM mobile network operators in various countries, including
  Sudan (with MTN Sudan Co. Ltd. and Sudanese Mobile Telephone Co. Ltd.) and
  Syria (with Spacetel Syria and Syriatel Mobile Telecom S.A.) (collectively,
  the &#8220;Roaming Partners&#8221;). Certain of the Roaming Partners are or may be
  government-controlled entities. The purpose of these agreements is to provide
  Telkomsel&#8217;s customers with coverage in areas where Telkomsel does not own
  networks, and for this reason Telkomsel intends to continue the activities
  covered by these agreements. </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">We also provide telecommunications services in the
  ordinary course of business to the embassies of Sudan and Syria in Jakarta,
  Indonesia. </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Neither the Company nor any of its subsidiaries has provided
  any products, components, technology or other services to Sudan or Syria.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-SG style="font-size:11.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-35.3pt;text-justify:inter-ideograph;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">2.         Please discuss the
  materiality of any contacts with Syria or Sudan you describe in response to
  the comment above, and whether those contacts constitute a material
  investment risk for your security holders. You should address materiality in
  quantitative terms, including the approximate dollar amounts of any
  associated revenues, assets, and liabilities for the last three fiscal years
  and the subsequent interim period. Also, address materiality in terms of
  qualitative factors that a reasonable investor would deem important in making
  an investment decision, including the potential impact of corporate activities
  upon a company&#8217;s reputation and share value. Various state and municipal
  governments, universities, and other investors have proposed or adopted
  divestment or similar initiatives regarding investment in companies that do
  business with U.S.-designated state sponsors of terrorism. You should address
  the potential impact of the investor sentiment evidenced by such actions
  directed toward companies that have operations associated with Syria and
  Sudan.</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-justify:inter-ideograph;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">RESPONSE:</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">The Company does not believe that its operations
  involving Sudan and Syria, either individually or in the aggregate, are
  material from either a quantitative or qualitative perspective for the
  following reasons.</font><u><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;"> &nbsp;</font></u></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><u><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Quantitative Materiality</font></u><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">.&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">For 2013, 2014 and 2015 and any subsequent interim period,
  aggregate revenues to the Company from all business activities related to
  Sudan and Syria were less than 0.001% of the consolidated revenue of the
  Company for each period, which are consistent with historic levels of
  business related to those countries. The revenues from business activities
  related to Sudan and Syria as a percentage of the Company&#8217;s revenues are also
  well below any reasonably accepted threshold of quantitative materiality.</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">In addition, the Company had no subsidiaries, offices,
  facilities, employees or other assets located in Sudan and Syria during the
  relevant fiscal years and the subsequent interim period. Further, the Company
  had no assets or liabilities in Sudan and Syria during the relevant fiscal
  years and the subsequent interim period.</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><u><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Qualitative Materiality</font></u><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">.&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">From a qualitative perspective, the Company does not
  believe that its activities with Sudan and Syria, either individually or in
  the aggregate, amount to the level of materiality that would affect the
  investment decision of a reasonable investor. </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">The Company is not a U.S. person &#8211; i.e., a company
  organized under the laws of the United States &#8211; that is otherwise subject to
  U.S. economic sanctions. The Company does not have a business presence in Sudan or Syria. Moreover, the Company does
  not believe that the limited activities outlined above are harmful to the
  Company&#8217;s reputation or share value. Notwithstanding U.S. comprehensive
  sanctions targeting Sudan and Syria, the applicable U.S. sanctions
  regulations administered by the U.S. Department of the Treasury&#8217;s Office of
  Foreign Assets Control (&#8220;OFAC&#8221;) include broad authorizations for the receipt
  and transmission of telecommunications involving Sudan or Syria. </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">In addition, the Company does not believe that a
  reasonable investor would be concerned by the minimal business described
  herein conducted by an Indonesian company that is not a U.S. person for
  purposes of U.S. sanctions targeting Sudan and Syria. To the Company&#8217;s
  knowledge, there has been no detrimental impact to its reputation or share
  value due to these activities.</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Accordingly, the Company believes that any direct or
  indirect contacts the Company has had with Sudan and Syria are not and were
  not material to the Company, its financial condition or its results of
  operations.</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-35.3pt;text-justify:inter-ideograph;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">3.         In Note 36 to the
  financial statements, you list significant agreements with affiliates of
  Huawei Technologies Co. Ltd. and ZTE Corporation. Huawei recently was issued
  a subpoena by the U.S. Department of Commerce regarding its exports to Syria,
  Sudan and Iran. Iran also is a U.S.-designated state sponsor of terrorism and
  is subject to U.S. economic sanctions and export controls. ZTE has been the
  subject of news reports about the Commerce Department&#8217;s recent addition of
  ZTE to its Entity List and Unverified List because of alleged violations of
  export controls relating to Syria, Sudan and Iran. Please address for us the
  potential for reputational harm from your relationships with affiliates of
  Huawei and ZTE.</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-justify:inter-ideograph;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">RESPONSE:</font></b></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">The primary relationship between the Company and Huawei
  Technologies Co. Ltd. and its affiliates (&#8220;Huawei&#8221;) and between the Company
  and ZTE Corporation and its affiliates (&#8220;ZTE&#8221;)</font><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;"> </font></b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">is for the procurement
  by the Company of certain equipment and services necessary for the
  maintenance and upgrade</font><b><i><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;"> </font></i></b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;"> of the Company's network
  infrastructure in Indonesia. The Company also has entered into vendor
  financing facilities with Huawei and ZTE in relation to the procurement of
  such equipment and services. In addition, the Company has joint research and development
  programs with ZTE for the enhancement of the Company&#8217;s IPTV services and
  Huawei for the development of new broadband services. At this time, Huawei
  and ZTE continue to be suppliers to the Company for its operations in
  Indonesia.  </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">The Company does not believe that its relationships with
  Huawei and ZTE related to its business in Indonesia create any material risk
  of reputational harm. </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">In addition, the Company does not believe that its
  relationship with Huawei and ZTE is connected in any way to any activities
  that Huawei and ZTE may have in relation to Iran, Sudan or Syria. On March 8,
  2016, the U.S. Department of Commerce&#8217;s Bureau of Industry and Security
  (&#8220;BIS&#8221;) imposed limited restrictions on exports and reexports of U.S.-origin items
  to ZTE and one of its affiliates, based on allegations that ZTE had engaged
  in illicit export activities with respect to Iran.  These U.S. export and
  reexport controls were limited in scope and do not affect the Company&#8217;s
  relationship with ZTE.  On March 24, 2016, BIS suspended even these targeted
  controls through a general license that remains in effect and continues to
  allow U.S. exports and reexports to ZTE.</font></p>
  <p align=center style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">*          *          *</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">The Company hereby acknowledges that: </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&#8226;           the Company is responsible for the adequacy
  and accuracy of the disclosure in the filing; </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&#8226;           staff comments or changes to
  disclosure in response to staff comments do not foreclose the Commission from
  taking any action with respect to the filing; and </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&#8226;           the Company may not assert
  staff comments as a defense in any proceeding initiated by the Commission or
  any person under the federal securities laws of the United States. </font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">*          *          *</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">We appreciate in advance your time and attention to our
  response. Should you have any additional questions or concerns, please feel
  free to call Andi Setiawan at +62 21 5215109.</font></p>
  <p style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></b></p>
  <p align=right style="margin:0in;margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=2 valign=top width=100.000000% style="padding:0in 0in 0in 0in;">&nbsp;</td>
 </tr>
<tr style="height:9.6pt;">
  <td width=55.000000% style="height:9.6pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td width=45.000000% style="height:9.6pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:9.0pt;margin-left:2.25pt;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:11.0pt;line-height:13.0pt;">Respectfully submitted,</font></p>
    </td>
 </tr>
<tr style="height:9.6pt;">
  <td width=55.000000% style="height:9.6pt;padding:0in 0in 0in 0in;">&nbsp;</td>
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    <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=ES style="font-size:11.0pt;">Perusahaan Perseroan (Persero) PT
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    <p style="margin:0in;margin-bottom:.0001pt;"><b><u><font face="Times New Roman" style="font-size:11.0pt;">Andi Setiawan</font></u></b></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=#0d0e00 face="Times New Roman" style="background:white;font-size:10.0pt;">VP Investor Relations</font></b></p>
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