Untuk Anda, Bisa

Slide 1

Analyst Briefing

First Quarter 2013 Results

Jakarta, 18 April 2013

Untuk Anda, Bisa

Slide 2

• Economy and Industry Trend

• Financial Results

• Corporate Updates

• Appendix

Agenda

Untuk Anda, Bisa

Slide 3

BI kept the policy rate at 5.75% and the FASBI rate at 4%,

concern on the global economy, cautious on inflationEconomic Growth

• 4Q12 growth slowed to 6.11%yoy, brings the overall year growth in FY12 to 6.23%yoy, down from 6.49 % in FY11

• Private Consumption & Investment are still the main drivers, amid the deterioration of net exports due to global economic slowdown and declining global commodity.

Real GDP Growth ����

Headline vs Core Inflation ����� ��� � ������ ��

������� ���� ��

������� ���� �� � ����� ��� ��������)� ��!"�#!��$ �%$� �&�' ��)

5.5

6.3 6.1

4.6

6.16.5

6.2 6.3

2006 2007 2008 2009 2010 2011 2012 2013E

0%

3%

6%

9%

Dec-09 Dec-10 Dec-11 Sep-12 Dec-12 Jan-13 Feb-13 Mar-13

▲

CPI 5.9%

BI Rate: 5.75%▼

FASBI: 4%▲

������� ��

7500

8000

8500

9000

9500

10000

10500

4

5

6

7

8

9

10

Jan-11

Mar-11

May-11

Jul-11

Sep-11

Nov-11

Jan-12

Mar-12

May-12

Jul-12

Sep-12

Nov-12

Jan-13

Mar-13

% Rp/$

IDR - RHS

10 year Yield

Rupiah vs 10 Yr Bond Yield

Inflation rate

• March inflation was still high at 0.63% mom, still driven by the rise in the food prices esp. garlic and onion due to stricter import policy. On a yearly basis, inflation rate reached 5.9% while core inflation decline at 4.21%yoy.

• 2013 forecast is at 5.47% (with no fuel price hike), however inflation rate could be higher depends on the fuel rationing policy that may be released this month

Interest Rate

• In March, BI kept the policy rate at 5.75% and the FASBI rate at 4%. Recent pressure on food price may be temporary as we’ve entered the harvesting season.

• BI responded to the recent inflation pressure by stepping up the monetary operation by absorbing liquidity to a longer term tenors.

• Current forecast is for BI to hold rate at 5.75% this year. However fuel rationing policy may drive inflation higher which could lead to BI raising policy rate if inflation falls beyond BI’s target.

Exchange Rate

• IDR remains in the Rp9700-9750 level, as BI looking to dampen imports.

• For now, we still maintain our view of strengthening IDR/USD towards 9,502 at year-end (2013).

Untuk Anda, Bisa

Slide 4

CA deficit in 2013 is expected to improve to 2.2%, partly due

to lower oil imports if the govt issue the fuel rationing policyTrade Balance & Export Growth

Goods Account and Current Account

������� ���� ��

������� ��

Trade & Balance of Payment

• In Feb, trade balance recorded a wider deficit of USD0.33bn as exports decline faster (-4.5%yoy) while imports grew slower at -1.2%yoy.

• The FY12 figure recorded a deficit of USD24.2bn (2.7% of GDP) in the CA, which was fully countered by a surplus in the financial account that amounts to USD24.9bn, thus brought the overall balance to record a small surplus of USD165mn.

• Current account deficit to improve in Q1-2013 as exports may pick up while imports are slowing down. However, risks remained in the higher imports of oil and gas due to the rising domestic consumption.

Balance of Payment

������� ��

������� ��� ��

Indonesia Foreign Trade

-10,000

-5,000

0

5,000

10,000

15,000

Mar-10

Jun-10

Sep-10

Dec-10

Mar-11

Jun-11

Sep-11

Dec-11

Mar-12

Jun-12

Sep-12

Dec-12

Current Account

Capital and Financial Account

Overall Balance

US$ Mn

-50

-35

-20

-5

10

25

40

55

70

85

-2.5

-2.0

-1.5

-1.0

-0.5

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

010203040506070809101112010203040506070809101112010203040506070809101112 1 2

2010 2011 2012 2013

Trade Balance (lhs)

Export (fob)

Import (cif)

USD bn %YoY

Untuk Anda, Bisa

Slide 5

Economics Indicators

Indonesia 2010 2011 2012 2013E 2014E

National Account

Real GDP (% YoY) 6.2 6.5 6.2 6.3 6.6

Domestic demand ex. Inventory (% y-o-y) 5.3 5.7 6.2 6.2 6.4

Real Consumption: Private (% y-o-y) 4.7 4.7 5.3 5.3 5.0

Real Gross Fixed Capital Formation (% y-o-y) 8.5 8.8 9.8 9.7 9.0

GDP (US$ bn) – nominal 709 847 879 971 1,171

GDP per Capita (US$) – nominal 2,983 3,514 3,596 4,044 4,680

Open Unemployment Rate (%) 7.1 6.6 6.3 6.5 6.2

External Sector

Exports, fob (% YoY, US$ bn) 32.1 26.9 -6.3 6.4 14.5

Imports, fob (% YoY, US$ bn) 43.7 30.8 8.3 7.5 11.1

Central government debt (% of GDP) 26.1 24.6 23.1 22.0 21.2

International Reserves – IRFCL (US$ bn) 96.2 110.1 112.9 115.1 120.0

Reserve cover (Imports and external debt) 7.1 6.3 6.1 6.4 6.6

Currency / US$ (Year-end) 8,991 9,068 9,670 9,502 9,252

Other

BI Policy Rate (% year end) 6.50 6.00 5.75 6.00 (5.75) 6.00

Consumer prices (% year end) 6.96 3.79 4.30 6.17 (5.47) 4.18

Fiscal balance (% of GDP; FY) -0.73 -1.16 -1.77 -1.50 -1.80

Source: BPS, Bank Indonesia, Danamon Estimates

Untuk Anda, Bisa

Slide 6

Industry (Commercial Banks) vs Danamon

�� �������� Feb-12 Feb-13 YoY

Total Assets 3,628 4,237 17%

Loans 2,203 2,719 23%

Total Deposits 2,764 3,207 16%

NPAT 15.5 16.1 4%

NIM (%) 5.4 5.3 -0.1

NPL (%) 2.3 2.0 -0.3

ROA (%) 3.6 2.9 -0.7

LDR (%) 79.4 84.4 5.0

CAR (%) 18.4 19.3 0.9

Source: Indonesian Banking Statistics

�� ������ Feb-12 Feb-13 YoY

Total Assets 142,084 149,335 5%

Loans 103,200 115,254 12%

Total Funding 105,973 110,667 4%

NPAT 594 629 6%

NIM (%) 9.6 10.0 0.4

NPL (%) 2.4 2.4 -0.1

ROA (%) 2.5 2.5 0.0

Loan to Funding (%)* 91.6 91.1 -0.5

CAR (%) 20.1 20.2 0.1

*) Loan to funding is defined as (Loans + Reserves with BI + Cash in Vault + HTM bonds) / (Third Party Deposits + net borrowings and LTF + net capital)

Untuk Anda, Bisa

Slide 7

• Economics and Industry Trend

• Financial Results

• Corporate Updates

• Appendix

Agenda

Untuk Anda, Bisa

Slide 8

Highlights 1Q13 Results

• Total loans increased 11% to Rp 117 trillion. Mass market and SMEC remained as the growth driver, each rose 8% and 24% to Rp 66 trillion and Rp 31 trillion, respectively.

• Total funding rose 4% to Rp 114 trillion, on the back of CASA andborrowings & LTF growth. CASA up 15% to Rp 41.8 trillion or 37% of total funding (vs 33% last year). Loan to funding stood at 89.4%

• NIM improved to 10.1% from 9.7% last year in light of lower CoF. CoC was better at 2.7% against 3.2% in 1Q12. CIR remained manageable at 51.8%.

• Fee income up 9% to Rp 1,122 billion, or 25% of operating income.

• NPAT rose 12% to Rp 1 trillion with ROA stood at 2.7% and ROE of 14.4%*

• Maintained strong capital with Tier 1 capital ratio of 19.6% and CAR of 20.1%*

* Before 2012 dividend payment

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Slide 9

Highlights of Income Statement

�� ������ 1Q12 1Q13 ����YoY 4Q12 1Q13 ����QoQ

Net Interest Income 3,019 3,334 10% 3,332 3,334 0%

Non Interest Income 1,029 1,122 9% 1,130 1,112 -2%

Operating Income 4,048 4,456 10% 4,462 4,456 0%

Cost of Credit (788) (770) -2% (675) (770) 14%

Risk Adjusted Op. Income 3,260 3,686 13% 3,786 3,686 -3%

Operating Expenses (2,032) (2,308) 14% (2,348) (2,308) -2%

Net Profit after taxes 900 1,005 12% 1,021 1,005 -2%

Untuk Anda, Bisa

Slide 10

Highlights of Balance Sheet

�� ������ 1Q12 1Q13 ����YoY 4Q12 1Q13 ����QoQ

Total Assets 145,114 153,785 6% 155,791 153,785 -1%

Loans (gross) 105,558 117,484 11% 116,385 117,484 1%

Government Bonds 4,516 4,066 -10% 4,063 4,066 0%

Total Funding 109,979 113,833 4% 115,926 113,833 -2%

Current Account 13,021 15,845 22% 15,854 15,845 0%

Savings 23,214 25,940 12% 27,270 25,940 -5%

Time Deposit 53,187 47,205 -11% 48,552 47,205 -3%

Borrowings and LTF 20,557 24,844 21% 24,252 24,844 2%

Equity 25,515 29,504 16% 28,494 29,504 4%

Untuk Anda, Bisa

Slide 11

Key Ratios

-0.189.489.51.989.487.5Consolidated Loan to Funding *

1Q12 1Q13 ����YoY 4Q12 1Q13 ����QoQ

Net Interest Margin 9.7 10.1 0.4 10.2 10.1 -0.1

Cost of Credit 3.2 2.7 -0.5 2.4 2.7 0.3

Cost / Income 50.2 51.8 1.6 52.6 51.8 -0.8

ROAA 2.5 2.7 0.2 2.7 2.7 0.0

ROAE 14.6 14.4 -0.2 16.1 14.4 -1.7

Assets to Capital (x) 6.3 5.7 -0.6 6.3 5.7 -0.6

Stand Alone Loan to Funding * 87.2 89.1 1.9 89.2 89.1 -0.1

Regulatory LDR 98.6 103.5 4.9 100.6 103.5 2.9

Stand Alone CAR 17.9 20.0 2.1 18.4 20.0 1.6

Consolidated CAR 19.1 20.1 1.0 18.9 20.1 1.2

NPL — Gross 2.5 2.5 0.0 2.3 2.5 0.2

Impairment (LLP/Total Loans) 2.6 2.6 0.0 2.6 2.6 0.0

Loan Loss Coverage (LLP/NPL) 106.9 110.8 3.9 112.5 110.8 -1.7

*) Loan to funding is defined as (Loans + Reserves with BI + Cash in Vault + HTM bonds) / (Third Party Deposits + net borrowing and LTF + net capital)

Untuk Anda, Bisa

Slide 12

Loans grew 11% mostly driven by mass market and mid-size

Loan Growth

�� ������ 1Q12 1Q13 ����YoY

� Wholesale 13,424 12,720 -5%

� SMEC* 25,180 31,278 24%

� Retail 5,725 7,404 29%

� Mass

Market61,228 66,082 8%

Total 105,558 117,484 11%

* SME and Commercial segments

58% 58% 57% 57% 56%

5%5% 6% 6% 6%

24%25% 25%

26% 27%

13%12%

12%11% 11%

1Q12 2Q12 3Q12 4Q12 1Q13

Loan Composition Rp trillion

116

106110

113117

Untuk Anda, Bisa

Slide 13

Mass Market Loan Growth

High margin business of mass market accounted for 56%

of total loan book

�� ������ 1Q12 1Q13 ����YoY

� Adira

Quantum1,383 1,463 6%

� Adira Finance 42,684 45,093 6%

� Pawn Broking 61 316 NM

� SEMM (DSP) 17,100 19,210 12%

Total 61,228 66,082 8%

Mass Market Loan (to total loans)Rp trillion

16%16%16%16%16%

38%39%40%40%40%

1%1% 1% 1% 1%

1Q12 2Q12 3Q12 4Q12 1Q13

6661 64 65 66

Untuk Anda, Bisa

Slide 14

DSP loans grew in line with expansion strategy outside

Java and supported by various business models

• Loans outside Java remained robust.

• Various business models are developed through supply chain and selected agri sectors.

• New hired 200 sales officers are in place in April 2013, dedicated for upper-tier micro business.

• 43 new units to be installed by August 2013

in supporting growth.

Loans by Business Model (Rp tn)

15.0

1.3 0.8

17.116.119.2

1.51.6

Pasar

Model

Supply

Chain

Agri Total

1Q12 1Q13

7%

25%

12%

93%

Loans by Region (Rp tn)

8.7

2.74.9

0.8

8.8

17.119.2

1.06.0

3.4

Java Sulawesi

and East

Sumatra Kalimantan Total

1Q12 1Q13

12%

15%

22%28%

2%

Untuk Anda, Bisa

Slide 15

Down Payment for auto industry

• BI and Bapepam issued new ruling on the minimum down payment for vehicle financing and LTV for mortgage

� In March 2012, BI (through its circular letter No. 14/10/DPNP dated 15 March 2012) and Bapepam(through press release No. 53/HMS/2012 dated 16 March 2012) each issued a different set of ruling regarding the minimum down payment for auto loans for conventional banks.

� In November 2012 Bi issued new issued rule of SE BI No.14/33/DPbS dated 27 Nov 2012 regarding Financing Product for Mortgage and Automotive for Syariah Commercial Bank and Syariah Unit effective : 1 April 2013. This new regulation is similar to Bapepam regulation on DP for syariah except for the effective date. The summary of the rules is below:

� In addition to the above, BI also determined the maximum loan to value (LTV) for mortgage of 70%.

DP for

Conventional

and Shariah

Financing

15 Jun 12 (Convent)

Effective date:

5%Min. 25%Min. 30%4W — non productive

-

5%

Diff

1 Jan 13 (Syariah)

1 April 13 (Syariah)

Min. 20%Min. 20%4W — productive

Min. 20%Min 25%2W

BapepamBIType of loans

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Slide 16

Auto industry is still challenged by DP and fiducia rules,

both for conventional and syariah financing.

• 2W market is more affected by DP rule, but slightly improved in 1Q13 (up 2% y-y), while 4W remained strong with 18% y-y growth.

• ADMF 2W sales in 1Q13 was largely impacted by early adoption of JF Syariah LTV (1 Jan ‘13), 3 months earlier than regulation guided by BI (1 April 2013).

• Auto industry FY2013: 2W corrected to 6 mn (down 15%) due to DP impact on syariah financing. 4W to stay flat at 1.1 mn. (source: AISI and Gaikindo)

5,8527,373 8,044

1,932

7,0646,000

1,961

5.9%3.8%4.3% 5.5%2.8%

7.0% 3.8%

26%

-6%

9%

-12%-15%

-3% 2%

2009 2010 2011 2012 2013E 1Q12 1Q13

Industry : 2W Unit sales (000)Inflation GrowthIndustry : 2W Unit sales (000)Inflation Growth

296

1,1001,116

251

894764486

0%3.8%

7.0%2.8%5.5%

4.3% 3.8% 5.9%

11% 18%25%17%

-20%

57%

2009 2010 2011 2012 2013E 1Q12 1Q13

Industry : 4W Unit sales (000)Inflation Growth

Untuk Anda, Bisa

Slide 17

Diversified funding continued to grow providing sound

liquidity. CASA to funding stood at 37% vs 33% last year.

19% 21% 22% 21% 22%

48% 47% 44% 42% 41%

21%20% 23% 24% 23%

12%12% 12% 14% 14

1Q12 2Q12 3Q12 4Q12 1Q13

Funding Composition (Rp trillion)

Loans to Deposits Ratio (%)

89.489.589.585.287.5

103.5100.6103.597.198.6

Loan to Funding Regulatory LDR

110117 113 116

Funding Growth

( )�""��� 1Q12 1Q13 ����YoY

�Current Account 13,021 15,845 22%

�Saving Account 23,214 25,940 12%

� Time Deposit 53,187 47,205 -11%

Total Deposits 89,442 88,990 -1%

� Borrowings &

LTF20,557 24,844 21%

Total Funding 109,979 113,833 4%

114

*) Loan to funding is defined as (Loans + Reserves with BI + Cash in Vault + HTM bonds) / (Third Party Deposits + net borrowings and LTF + net capital)

Untuk Anda, Bisa

Slide 18

• Self financing is encouraged across all LoBs.

• The use of borrowings and LTF has increased in the past 4 years, particularly for ADMF. Self financing composition has increased substantially.

Note:

• Data include acquisition costs directly attributable to the

origination of financing accounts.

• Loans is defined as: receivables + cash. Funding is defined

as third party deposits + net borrowings and LTF + net

capital

• DER: Total debt (outstanding bank borrowings + bonds +

MTN)/ Total Equity

ADMF Joint Finance and Self Finance (Rp tn)

ADMF Managed Receivables and Funding

3.60.7 2.4

DER

6.5

13.6

23.025.3

7.3

15.9

25.026.7

2010 2011 2012 1Q13

Loans (Rp tn) Funding (Rp tn)

The use of borrowings and LTF is in line with overall

funding strategy, and has significantly funded ADMF stand

alone managed receivables.

23.927.5

22.519.6

6.8

13.8

23.125.5

2010 2011 2012 1Q13

JF Self financing

78%67%

49%43%

57%51%

33%22%

Untuk Anda, Bisa

Slide 19

127.5127.8112.991.8

142.5142.8126.4

106.6

86.2% 89.3% 89.5% 89.4%

Funding Subs only (Rp tn) *

Loans BDI only (Rp tn)

Loan to Funding

2010 2011 2012 1Q13

Loans Subs only (Rp tn)Funding BDI only (Rp tn) *

• Bankwide funding strategy optimize the used of borrowings and LTF to compensate expensive source of fund amid tightening liquidity competition.

Consolidated Funding (Rp tn)

Consol Loan to Funding

Consolidated Loans (Rp tn)

Note:

• Loans is defined as: receivables + cash. Funding is defined as third party deposits + net

borrowings and LTF + net capital

Downward shift of time deposits is compensated by

borrowings and LTF. Liquidity remained intact.

84.998.6 104.3 101.8

6.9

91.8

112.9127.8 127.5

25.723.514.3

2010 2011 2012 1Q13

BDI only

Subs only

Consol

98.4114.6 116.9 114.3

8.1

106.6

126.4142.8 142.5

28.325.911.8

2010 2011 2012 1Q13

BDI only

Subs only

Consol

Untuk Anda, Bisa

Slide 20

NIM improved at 10.1% vs 9.7% last year.

10.1

0.10.5

9.7

1Q12 1Q13

Net Interest Margin%, annualized

YoY NIM Movement%, annualized

Lower yield

Lower CoF

6.57.5 7.1 7.8

3.22.8 2.9 2.7

7.4

2.4

1Q12 2Q12 3Q12 4Q12 1Q13

Risk Adj NIM CoC

14.714.814.714.914.8

4.44.54.54.55.1

Yield Cost of Funds

10.29.7 10.3 10.0 10.1

Untuk Anda, Bisa

Slide 21

Non interest income rose 9% driven by credit related fees

and general insurance

Non Interest Income GrowthRp billion

( )�""��� 1Q12 1Q13 ����YoY

� Credit Related 787 823 5%

� Bancassurance 71 81 15%

� General Insurance

85 104 21%

� Treasury 17 33 97%

� Transaction Banking

69 81 17%

Total 1,029 1,122 9%

Non Interest Income Composition Rp billion

7%7%6%6%7%3% 3%3%1%2%

16%16%20%17%15%

74%74%73%74%

76%

1Q12 2Q12 3Q12 4Q12 1Q13

1,1301,029

1,143 1,131 1,122

Untuk Anda, Bisa

Slide 22

Cost to Income was 51.8%

4,0484,415 4,430 4,462 4,456

2,032 2,151 2,278 2,348 2,308

1Q12 2Q12 3Q12 4Q12 1Q13

Operating Income Operating Expense

Operating Income and ExpenseRp billion

51.852.651.448.750.2

▼▼▼▼ Cost to Income Ratio (%)

Untuk Anda, Bisa

Slide 23

Cost of Credit stood at 2.7%

2.72.42.92.8

3.2

93%90%83%93%89%

7%

10%17%7%11%

1Q12 2Q12 3Q12 4Q12 1Q13

Mass Market Non Mass Market

Cost of Credit / Avg. Loans

(%)

Cost of Credit

(Rp billion)

675

788 742 779 770

Untuk Anda, Bisa

Slide 24

NPL remained low

60% 59% 59% 62% 63%

5% 5% 5% 5%5%24% 20% 19% 17%17%

11% 17% 17% 16%15%

1Q12 2Q12 3Q12 4Q12 1Q13

Wholesale

SME &Commercial

Retail

M ass market

87.6% 87.2% 88.2% 87.2%87.8%

9.9% 9.7% 9.5% 10.3%10.4%2.5% 2.4% 2.5%2.5% 2.3%

1Q12 2Q12 3Q12 4Q12 1Q13

Non-Performing

SpecialMention

Current

Loan’s Collectibility� � *�$+$%����' "�%�+

Non-Performing Loans by Segment( )�""���

2,594 2,751 2,734 2,659 2,860

Untuk Anda, Bisa

Slide 25

Majority of special mention loans were within 30 days

92%92%92%90%93%

3%3%3%3%

2%3% 2%

2%2%

2%4% 3%

3%3%

3%

1Q12 2Q12 3Q12 4Q12 1Q13

Wholesale

SME & Commercial

Retail

Mass market

84.3% 85.6% 85.3% 83.9% 83.3%

9.9% 9.1% 9.4% 10.1% 10.9%

5.8% 5.4% 5.3% 6.0% 5.7%

1Q12 2Q12 3Q12 4Q12 1Q13

61 - 90 Days

31 - 60 Days

1 - 30 Days

Special mention loans by Aging� � ����%" ,��$��� -�%�+

Special Mention Loans by Segment( )�""���

10,459 10,69311,827

11,05512,214

Untuk Anda, Bisa

Slide 26

Ample capitalization for growth

RWA / Total Assets Capital Adequacy Ratio (%)

% 1Q12 2Q12 3Q12 4Q12 1Q13

CAR w/ Credit

Risk24.1 23.5 23.3 23.4 25.6

Market Risk

Charge0.1 0.1 0.1 0.0 0.0

Operational

Risk Charge4.9 4.6 4.5 4.5 5.4

CAR

Consolidated19.1 18.8 18.7 18.9 20.1

18,919,1 18,8 18,720,1

17,9 18,1

20,018,418,2

1Q12 2Q12 3Q12 4Q12 1Q13

Consolidated Stand Alone

RWA BDI Only RWA Consolidated

18,6 18,4 18,3 18,4

19,6

0,50,4 0,4 0,5

0,5

1Q12 2Q12 3Q12 4Q12 1Q13

Tier 1 Capital Tier 2 Capital

Tier 1 and Tier 2 capital ratio (%) - Consol

69%68%70%68%69%

1Q12 2Q12 3Q12 4Q12 1Q13

88%84%86%82%83%

1Q12 2Q12 3Q12 4Q12 1Q13

RWA Other Assets

19.118.8 18.7 18.9

20.1

Untuk Anda, Bisa

Slide 27

Regulation: Core capital allocation for branches

Core capital

allocation for

branches

Branch

opening

requirement

Standard

investment

cost

� Rated “3” (fairly sound), or better

� Have adequate core (tier 1) capital

� Adhere to branch distribution ratio (for every 3 branch in zone 1 or 2, must have1 branch in zone 5 or 6)

� Lending to SME >10%, lending to SME and micro >20%

� Full branch/regional offices Rp 10bn� Sub-branch/functional offices Rp 4bn *)� Cash offices Rp 2bn

� For syariah, branch subject to capital allocation including existing and new branches. Existing branches is defined as branches opened ≤ 2 years

.) /���$���%" ����+ 01��1 ��+)��+� "�����' $� �,� �+ �2�"���� ��! �%�$%" ��3����!��$

Effective

Date

� 2 Jan 2013; transition period ends June 2016, both for conventional and syariah

� Banks have to submit action plan to BI by end of March 2013 (to be endorsed by BI)

� Endorsed action plan to be incorporated in the revised RBB (to be submitted by June 2013)

Zoning and

Coefficient

for Conven.

and Syariah

Zone Zone 1 Zone 2 Zone 3 Zone 4 Zone 5 Zone 6

Coefficient 5 4 3 2 1 0.5

Area Jakarta,

Overseas

Java, Bali,

Banten

East

Kalimantan,

Riau, N.Sumatra

Sumatra,

Kalimantan,

Sulawesi, Papua

Sumatra,

Kalimantan,

Sulawesi, Papua

Sulawesi,

Maluku, West

Papua

Capital

Allocation

� Formula: Standard Investment Cost x Coefficient

� Sample: 1 full branch Zone 1 : Rp 10 bn x 5 = Rp 50 bn / branch

Standard inv. cost is the same for

conventional and syariah under BUKU 3

Untuk Anda, Bisa

Slide 28

• Economics and Industry Trend

• Financial Results

• Corporate Updates

• Appendix

Agenda

Untuk Anda, Bisa

Slide 29

Corporate Updates

Ownership

structure

• As at 2 April 2012, the Bank has been informed by Fullerton Financial Holding Pte. Ltd. (FFH), that it has entered into a share purchase agreement with DBS Group Holdings (DBS) to sell its interest in the whole of the issued share capital of Asia Financial (Indonesia) Pte. Ltd. to DBS. Currently, AFI holds approximately 67.37% of the total issued shares of the Bank. This transaction is subject to the approvals, among others, of DBS shareholders and regulators, including Bank Indonesia.

Dividend • We plan to maintain 30% dividend payout ratio subject to AGMS approval which will be held on 10 May 2013

Untuk Anda, Bisa

Slide 30

• Economics and Industry Trend

• Financial Results

• Corporate Updates

• Appendix

Agenda

Untuk Anda, Bisa

Slide 31

S&P upgrade BDI’s outlook to positive in April 2012

following DBS acqusitionDaily share price and trading volume��,4 �5

The ultimate shareholder of AFI is Temasek Holding Pte. Ltd, an investment

holding company based in Singapore.

Ownership Structure

&+ � �� ,%��1 ����

Number of

Shares

Ownership (%)

Asia Financial (Indonesia) Pte, Ltd. 6,457,558,472 67.4%

JPMCB - Franklin Templeton Inv.

Funds

611,958,888 6.4%

Public < 5% 2,515,126,005 26.2%

Total 9,584,643,365 100.00%

Danamon

PEFINDO

&�'�+$ ����

Corporate Rating idAA+ / Stable

Bond Rating idAA+ / Stable

Standard & Poor’s

����!)�� ����

Long-term / Short-term Local

Currency

BB / B / Stable

Long-term / Short-term Foreign

Currency

BB / B / Stable

Fitch’s

*�$�)�� ����

Long-term / Short-term Foreign

Currency

BB+ / B / Stable

National Long-term

Individual / Support Rating

AA+ (idn) / Stable

C/D / 3 / Stable

Moody’s

,%# ����

Global Local Currency Deposit Baa3 / P-3 /

Stable

Foreign Currency Long-term /

Short-term Deposit

Ba2 / NP / Stable

Bank Financial Strength Rating

(BFSR)

D / Positive

Indonesia Sovereign (Foreign Currency)

Standard & Poor’s Fitch’s Moody’s

BB+ / Positive BBB- / Stable Baa3 / Stable

010,000

20,00030,000

40,00050,000

60,00070,000

80,00090,000

100,000110,000

Sep- 12 Oct- 12 Nov- 12 Jan- 13 Feb- 13 Mar- 13

0

2,500

5,000

7,500

10,000Volume ('000)

Share Price

Untuk Anda, Bisa

Slide 32

Reconciliation with Newsletter

a b c d e f g h i

Net Interest

Income

Net Under-

writing

Income

Net Sharia

Interest

Income

Other

Operating

Income

Other

Operating

Expenses

Non Operating

Income

Non

Operating

Loss

Income

before Tax Taxes

Minority

Interest Income after Minority Interest

3,352 106 27 1,384 (3,486) - (12) 1,371 (342) (24) 1,005

a+c b+d e f+g h i

Net Interest

Income

Non-

Interest

Income

Operating

Income

Operating

Expenses

Pre-

Provision

Operating

Profit Cost of Credit

Non

Operating

Income/

(Loss) Taxes

Minority

Interest

Net Profit

after Tax

and

Minority

Interest Remark

3,379 1,490 4,869 (3,486) 1,383 - (12) (342) (24) 1,005

(45) (45) 45 - - LPS Deposit Insurance

(5) (5) (5) 5 - Provision for ADMF acquisition cost

(36) (36) (36) 36 - Write off on amortization cost

(47) (47) 47 - - ADMF indirect acquisition cost

(182) (182) 182 - - Decrease in fair value of financial assets (MTM)

(1) (1) 1 - - Losses from sale of financial assets (marketable securities)

(0) (0) 0 - - Losses from spot and derivative transaction (realised)

- 823 823 (823) - Impairment losses on financial assets

(14) (14) (14) 14 - Impairment losses on reposessed assets

(78) (78) 78 - - Fees/commissions and administrative expenses

- 2 2 (2) - Allowance for possible losses on non earning assets

(4) (4) (4) 4 - Others

3,334 1,122 4,456 (2,308) 2,149 (770) (8) (342) (24) 1,005

Newsletter

Analyst Briefing Presentation

Untuk Anda, Bisa

Slide 33

Regulation: Capital based on risk profile and Business

Activity & Branch Networking(PBI No. 14/18/PBI/2012 dated 28 November 2012, PBI No. 14/26/PBI/2012 dated 27 Dec 2012)

New rule

1. CAR minimum requirement no longer 8% but based on bank’s risk profile

2. Perform Internal Capital Adequacy Assessment Process (ICAAP) and submit the report every 6 months (Jun

& Dec period to be submitted on 31 Jan & 31 Jul)

3. BI Supervisory will perform Supervisory Review and Evaluation Process (SREP)

CAR Minimum Requirement

Capital based

on risk profile

Risk Profile CAR Min

1 - Low 8%

2 - Low to Moderate 9% - < 10%

3 - Moderate 10% - < 11%

4 - Moderate to High & 5 - High 11% - 14%

Danamon is under Low to Moderate

Business

Activity &

Branch

Networking

Bank is categorized into 4 “BUKU = Bank Umum berdasarkan Kegiatan Usaha” (commercial bank by business category) as follows:

Sharia Units : “BUKU” shall be referred to the “BUKU” of its conventional bank

“BUKU” Tier 1 Capital

1 < Rp 1 Trillion

2 Rp 1 Trillion - < Rp 5 Trillion

3 Rp 5 Trillion - < Rp 30 Trillion

4 ≥Rp 30 Trillion

Danamon is under “BUKU 3”

����� � �� ����� ��� ��������� �� ���� ����� ������� ��� ���� �

��������� ���� � � � !"�

Untuk Anda, Bisa

Slide 34

Business Activity & Branch Networking - Zoning

Jakarta

Java Bali

West NusaTenggara

East NusaTenggara

Maluku

West Papua

Papua

AcehNorth Sumatra

Riau Islands

Riau

West Sumatra

Bengkulu

Jambi

South Sumatra

Lampung

West Kalimantan

CentralKalimantan

SouthKalimantan

EastKalimantan

Central Sulawesi

NorthSulawesi

WestSulawesi

SouthSulawesi

South EastSulawesi

Zone 1 2 3 4 5 6

Coeff. 5 4 3 2 1 0.5

Untuk Anda, Bisa

Slide 35

Minimum Wages yoy growth 2013

Aceh: 11%

N.Sum: 15%

W.Sum: 17%

Riau: 13%Riau islands: 35%

Jambi: 14%

S.Sum: 13%

Bang. Bel.: 14%

Bengkulu: 29%Lampung: 18%

Jakarta: 44%

W. Java9%

Banten: 12%

C. Java9%

Yogya6%

E. Java:16%

Bali:22%

NTB:10%

NTT:9%

W.Kal:18%

C.Kal:17%

S.Kal:9%

E.Kal:49%

Maluku:31%

N.Maluku:25%Gorontalo:40%

N.Sul:24%

S.E.Sul:9%

Cent.Sul:12%

W.Sul:3%

S.Sul:20%13%

W. Papua: 19%

Untuk Anda, Bisa

Slide 36

Thank You

Investor RelationsPT Bank Danamon Indonesia, TbkMenara Bank Danamon, 6th Floor

Jl. Prof. Dr. Satrio Kav. E4 No.6Mega Kuningan, Jakarta 12950

Phone: +62 21 5799 1001-03

Fax: +62 21 5799 1445

Email: investor.relation@danamon.co.id

IR Contacts:

Indah Hermawan — indah.hermawan@danamon.co.id

Rifqi Prasetyo — rifqi.prasetyo@danamon.co.id

EconomistsAnton Gunawan — Chief Economist - anton.gunawan@danamon.co.id

Anton Hendranata - Economist / Econometrician- anton.hendranata@danamon.co.idDian Ayu Yustina - Economist / Bond Analyst - dian.yustina@danamon.co.id

Disclaimer:This report has been prepared by PT Bank Danamon Indonesia Tbk independently and is circulated for the purpose of general information only. It is not intended to the specifi c person who may receive this report. The information in this report has been obtained from sources which we deem reliable. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimates included in this report constitute our judgment as of this date and are subject to change without prior notice. We disclaim any responsibility or liability (expressed or implied) of PT Bank Danamon Indonesia Tbk and/or its affi liated companies and/or their respective employees and/or agents whatsoever and howsoever arising which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither PT Bank Danamon Indonesia Tbk and/or its affi liated companies and/or their respective employees and/or agents accepts liability for any errors, omissions or mis-statements, negligent or otherwise, in this report and any inaccuracy herein or omission herefrom which might otherwise arise.