REVISION AND/OR ADDITIONAL INFORMATION OF SUPPLEMENTARY INFORMATION USE OF PROCEEDS FROM THE BOND AND SUKUK IJARAH SHELF REGISTRATION PUBLIC OFFERING

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1 REVISION AND/OR ADDITIONAL INFORMATION OF SUPPLEMENTARY INFORMATION THIS INFORMATION IS THE REVISION AND/OR ADDITIONAL INFORMATION OF SUPPLEMENTARY INFORMATION WHICH HAS BEEN PUBLISHED ON THE WEBSITE OF INDONESIA STOCK EXCHANGE AND THE WEBSITE OF PT INDOSAT TBK ON AUGUST 16 TH 2016 USE OF PROCEEDS FROM THE BOND AND SUKUK IJARAH SHELF REGISTRATION PUBLIC OFFERING Proceeds from the Bond Public Offering, net of issuance cost, shall be entirely used by the Company to: Repay all or a portion of (refinancing of Company's Rupiah denominated loans as detailed below: a Loan from PT Bank Central Asia Tbk with total credit facility (Investment Loan of Rp1,000,000,000,000.-, which shall be repaid in a maximum sum of Rp150,000,000,000.- b Loan from PT Bank Negara Indonesia (Persero Tbk with total credit facility of Rp1,200,000,000,000.-, which shall be repaid in a maximum sum of Rp700,000,000,000.- c Loan from PT Bank BNP Paribas Indonesia with total credit facility of Rp350,000,000,000.-, which shall be repaid in a maximum sum of Rp350,000,000,000.- d Loan from PT Sarana Multi Infrastructure ( SMI with total credit facility of Rp100,000,000,000.-, which shall be repaid in a maximum sum of Rp100,000,000,000.- e Syndicated Loan from PT Indonesia Infrastructure Finance ( IIF and SMI with total credit facility of Rp750,000,000,000.-, which shall be repaid in a maximum sum of Rp750,000,000,000.- f Loan from the Bank of Tokyo-Mitsubishi UFJ, Ltd., with total credit facility of Rp250,000,000,000.-, which shall be repaid in a maximum sum of Rp250,000,000,000.- g Loan from PT Bank Mizuho Indonesia with total credit facility of Rp250,000,000,000.-, which shall be repaid in a maximum sum of Rp250,000,000,000.- h Loan from PT Bank Sumitomo Mitsui Indonesia with total credit facility of Rp550,000,000,000.-, which shall be repaid in a maximum sum of Rp550,000,000,000.- i Loan from PT Bank CIMB NiagaTbk with total credit facility of Rp1,000,000,000,000.-, which shall be repaid in a maximum sum of Rp72,000,000,000.- The Company does not require the approval from creditors with respect to such early repayments and the Company is not affiliated with the creditors. Proceeds from the Sukuk Ijarah Public Offering, net of issuance cost, shall be entirely used by the Company to: Pay the Utilization Right Fee (BiayaHakPenggunaan, BPH of Radio Frequency Spectrum to the Government. The Utilization Right Fee of Radio Frequency Spectrum is paid in advance for a Radio Station License that is valid for one year. Whereas the validity of frequency utilization license for 850 MHz, 900 MHz, 1800 MHz and 2100 MHz cellular frequency is 10 years, which may be extended for the next 10 years. The amount of Utilization Right Fee of Radio Frequency Spectrum is set by the Government annually based on the formula stipulated in the respective Decree of Minister of Communication and Informatics. The use of proceeds from this Public Offering shall conform to the prevailing Capital Market regulations in Indonesia. 1

2 KEY FINANCIAL HIGHLIGHTS The following tables present the Company's and its Subsidiaries consolidated key financial highlights, which figures are derived from the Company's and its Subsidiaries consolidated financial statements for the six-month periods ended June 30, 2016, and 2015, and the years ended December 31, 2015, 2014, 2013, 2012 and The Company s and its Subsidiaries consolidated financial statements as of June 30, 2016, and 2015, and for the six-month periods then ended have been reviewed by the Public Accountant Firm Tanudiredja, Wibisana, Rintis&Rekan(a member of the PricewaterhouseCoopers networks of firms, an independent auditor, in accordance with Standards on Review Engagements 2410 established by the Indonesian Institute of Certified Public Accountants (InstitutAkuntanPublik Indonesia, IAPI. The Company s and its Subsidiaries consolidated financial statements as of December 31, 2015, and for the year then ended have been audited by the Public Accountant Firm Tanudiredja, Wibisana, Rintis&Rekan(a member of the PricewaterhouseCoopers networks of firms, an independent auditor, in accordance with Standards on Auditing established by the IAPI, with unqualified audit opinion. The Company s and its Subsidiaries consolidated financial statements as of December 31, 2014, 2013, 2012, 2011, and for the years then ended have been audited by the Public Accountant Firm Purwantono, Suherman&Surja (a member firm of Ernst & Young Global Limited, an independent auditor, in accordance with Standards on Auditing established by the IAPI, with unqualified audit opinion. The Company's and its Subsidiaries consolidated financial statements as of June 30, 2016 and 2015, and for the six-month periods then ended were signed by Jumadi and Eddy Rintis, respectively, and as of December 31, 2015, and for the year then ended were signed by Eddy Rintis, while as of December 31, 2014, and for the year then ended were signed by BenyantoSuherman, as of December 31, 2013 and 2012, and for the years then ended were signed by Roy ImanWirahardja, and as of December 31, 2011, and for the year then ended were signed by HariPurwantono. The Company's and its Subsidiaries consolidated financial statements as of December 31, 2014 and 2013, and for the years then ended have been restated with respect to the implementation of SFAS No. 24 (Revised 2013, whereas the consolidated financial statements prior to the restatement have been audited by the Public Accountant Firm Purwantono, Suherman&Surja (a member firm of Ernst & Young Global Limited, an independent auditor, in accordance with Standards on Auditing established by the IAPI, with unqualified audit opinion. Consolidated Statements of Financial Position (In millions of Rupiah June 30, December 31, 2016*** * 2013* ** ASSETS CURRENT ASSETS Cash and cash equivalents 2,252,280 3,623,346 3,480,011 2,233,532 3,917,236 2,224,206 Restricted cash 27,453 77,574 5,656 25,008 5,483 18,830 Trade receivable: - Related parties 346, , , , , ,243 - Third parties 2,380,123 2,219,636 1,573,160 1,636,136 1,464,069 1,181,853 Other receivables 23,969 11,232 9,015 16,294 22,441 5,660 Inventories 68,432 39,346 49,408 36,004 52,556 75,890 Derivative assets - 1,030 75, ,569 69, ,349 Prepaid taxes: - Corporate income taxes 127,313 69, , , Other taxes 136, , , , ,127 30,695 Current portion of prepayments: - Prepaid frequency fee and licenses 1,348,031 2,321,743 2,050,295 1,757,586 1,528,215 1,353,819 - Prepaid rental 595, , , , , ,777 - Prepaid expenses - others 247, ,687 71,991 58,403 56,711 56,056 Other current financial assets 11,917 13,591 10,631 6,665 7,899 5,960 Other current assets 35,047 36,302 26,787 38,051 36,448 41,227 Total Current Assets 7,600,813 9,918,677 8,590,976 7,168,980 8,308,810 5,767,565 NON-CURRENT ASSETS Restricted cash 16,527 49, ,598 94,874 83,232 50,826 Due from related parties 1,499 2,758 3,496 7,167 10,358 10,654 Claims for tax refunds 420, ,049 1,005, , , ,843 Deferred tax assets 106, ,226 92, , , ,812 2

3 (In millions of Rupiah June 30, December 31, 2016*** * 2013* ** Long-term prepayments: - Prepaid frequency fee and licenses 76,295 93, , , , ,868 - Prepaid rental 1,010,830 1,011, , , , ,349 - Prepaid expenses - others 137, , , ,945 88, ,181 Investment in associates 83,461 78,521 5, Long-term investments 28,744 37,821 2,730 1,393,722 1,369,740 2,730 Property and equipment 38,947,840 41,821,703 40,775,907 42,190,111 41,964,793 43,505,698 Goodwill and other intangible assets 1,358,066 1,351,431 1,356,562 1,362,600 1,373,707 1,366,853 Other non-current financial assets 63,330 54,881 40,023 68,771 90, ,714 Other non-current assets 186, , , ,309 61, ,919 Total Non-Current Assets 42,438,357 45,469,840 44,678,721 47,397,066 46,916,251 47,465,447 Total Assets 50,039,170 55,388,517 53,269,697 54,566,046 55,225,061 53,233,012 LIABILITIES AND EQUITY CURRENT LIABILITIES Short-term loans 948,657 1,449, ,448 1,499, ,529 1,499,256 Trade payables: - Related parties 90, ,652 30,532 47,603 22,650 23,581 - Third parties 695, , , , , ,477 Procurement payable 3,250,359 6,263,117 3,095,518 3,064,287 2,737,850 3,475,862 Taxes payable: - Corporate income taxes 18,300 24,538 19,351 15,337 34,025 28,294 - Other taxes 80,072 73,702 56,017 73,923 61,574 62,912 Accruals 1,901,891 1,730,483 1,818,791 1,747,722 1,761,251 1,715,172 Short-term employee benefit obligations 229, , , , , ,072 Long-term employee benefit obligations - current portion 32,196 32,196 35,240 22,433 26,965 27,369 Unearned revenue 1,523,084 1,117,253 1,102, ,403 1,073,088 1,032,415 Deposits from customers 218, , ,338 49,335 43,825 37,265 Derivative liabilities 51, ,747 31,740 36,903 81, ,189 Current maturities of long-term borrowings: - Loans payable 6,268,700 4,240,746 2,613,500 2,443,367 2,669,218 3,300,537 - Bonds payable 1,968,527 1,152,791 8,333,611 1,928, ,528 41,989 - Sharia bonds 171, , , , Obligations under finance lease 529, , , , ,229 55,755 Provision for legal case 1,358,643 1,358,643 1,358, Other current financial liabilities 49,952 1,014 2,355 16,091 16,935 16,073 Other current liabilities 143, , , , ,040 64,849 Total Current Liabilities 19,531,150 20,052,600 21,147,814 13,494,097 11,015,751 11,968,067 NON-CURRENT LIABILITIES Due to related parties 59,154 25,196 30,159 33,301 42,789 15,480 Deferred tax liabilities 107,933 12, , ,676 1,684,270 1,956,352 Long-term borrowings - net of current maturities: - Loans payable 2,795,499 6,369,885 3,727,118 4,346,317 3,703,822 6,425,779 - Bonds payable 7,916,003 9,282,161 6,962,080 12,814,468 13,088,762 10,971,776 - Sharia bonds 954, , , , ,745 1,166,577 - Obligations under finance lease 3,078,735 3,450,558 3,631,591 3,594,112 3,101, ,081 Long-term employee benefit obligations - net of current portion 944, , , , , ,313 Other non-current liabilities 974,969 1,068,280 1,145,431 1,310,220 1,368, ,487 Total Non-Current Liabilities 16,831,316 22,072,076 17,823,328 24,300,804 24,813,926 22,295,845 Total Liabilities 36,362,466 42,124,676 38,971,142 37,794,901 35,829,677 34,263,912 EQUITY Equity attributable to owners of the parent Capital stock - Rp100 (in full Rupiah amount par value per A share and B share 3

4 (In millions of Rupiah June 30, December 31, 2016*** * 2013* ** Authorized - 1 A share and 19,999,999,999 B shares Issued and fully-paid - 1 A share and 5,433,933,499 B shares 543, , , , , ,393 Additional paid-in capital 1,546,587 1,546,587 1,546,587 1,546,587 1,546,587 1,546,587 Retained earnings: - Appropriated 134, , , , , ,446 - Unappropriated 10,024,189 9,596,118 10,906,119 12,914,483 15,846,721 15,889,104 Other equity component 404, , , , , ,104 Difference in foreign currency translations 8,657 20,607 (9,081 (5,210 (3,600 (2,326 Remeasurement gains on defined benefit plans 251, ,459 92, , Reserves for changes in fair value of available-for-sale investments (23,986 (14, , ,718 - Cash flow hedge reserve (2,813 1, ,866,036 12,482,835 13,617,836 16,173,557 18,861,369 18,515,308 Non-controlling interests 790, , , , , ,792 Total Equity 13,676,704 13,263,841 14,298,555 16,771,145 19,395,384 18,969,100 Total Liabilities and Equity 50,039,170 55,388,517 53,269,697 54,566,046 55,225,061 53,233,012 * restated due to the implementation of PSAK No. 24 (Revised 2013, which was effective on January 1, ** restated due to the implementation of PSAK No. 30 (Revised 2011, ISAK No. 16 and ISAK No. 22 *** unaudited Consolidated Statements of Profit and Loss and Other Comprehensive Income (In millions of Rupiah June 30, December 31, 2016**** 2015**** * 2013*** ** REVENUE Cellular 11,590,768 10,223,593 21,895,722 19,480,465 19,374,638 18,489,329 16,587,385 Multimedia, Data Communication, Internet ("MIDI" 1,897,189 1,835,269 3,753,485 3,508,563 3,265,847 2,908,033 2,691,925 Fixed telecommunications 454, ,102 1,119,318 1,096,073 1,214,787 1,021,450 1,249,982 Total Revenue 13,942,216 12,619,964 26,768,525 24,085,101 23,855,272 22,418,812 20,529,292 (EXPENSES INCOME Cost of telecommunications services (5,706,265 (5,365,907 (11,213,902 (10,408,912 (9,956,533 (8,905,736 (7,547,407 Depreciation and amortization (4,450,135 (4,169,351 (8,769,147 (8,226,063 (8,958,393 (8,272,824 (6,558,177 Personnel (1,050,378 (901,526 (1,921,071 (1,738,627 (1,734,359 (1,427,194 (1,912,647 Marketing (664,201 (486,293 (1,236,679 (1,044,884 (893,574 (920,296 (855,686 General and administrative (481,105 (503,959 (923,567 (859,529 (901,534 (625,540 (549,530 Amortization of deferred gain on sale and leaseback of towers 70,525 70, , , ,050 1,183,963 - Gain (loss on foreign exchange - net 27,092 (91,202 (306,648 (152, ,518 44,793 90,919 Gain on sale of available-for-sale investment , Provision for legal case (1,358, Others - net 17,660 (132,308 (176,451 (204,145 (273,996 (306,080 (32,455 Total Expenses (12,236,807 (11,580,021 (24,406,415 (23,438,300 (22,352,821 (19,228,914 (17,364,983 1,705,409 1,039,943 2,362, ,801 1,502,451 3,189,898 3,164,409 Gain (loss on foreign exchange - net 349,523 (905,280 (1,292,516 (243,173 (3,011,410 (789,438 (54,188 Interest Income 55, , , , , ,544 92,646 Finance costs (1,139,325 (1,283,849 (2,829,464 (2,406,536 (2,212,095 (2,077,350 (1,929,354 (Loss gain on changes in fair value 4

5 (In millions of Rupiah June 30, December 31, 2016**** 2015**** * 2013*** ** of derivatives - net (250, ,241 (244,520 (101, ,259 4,964 57,944 (984,969 (1,932,427 (4,147,945 (2,608,833 (4,843,053 (2,728,280 (1,832,952 PROFIT (LOSS BEFORE INCOME TAX 720,440 (892,484 (1,785,835 (1,962,032 (3,340, ,618 1,331,357 INCOME TAX (EXPENSE BENEFIT (219, , ,357 83, ,630 25,798 (264,613 PROFIT (LOSS FOR THE PERIOD/YEAR 501,165 (666,526 (1,163,478 (1,878,229 (2,671, ,416 1,066,744 PROFIT (LOSS FOR THE PERIOD/YEAR ATTRIBUTABLE TO: Owner of parent 428,071 (733,796 (1,310,001 (2,008,364 (2,788, , ,653 Non-controlling interest 73,094 67, , , , ,310 98, ,165 (666,526 (1,163,478 (1,878,229 (2,671, ,416 1,066,744 BASIC AND DILUTED EARNINGS (LOSS PER SHARE ATTRIBUTABLE TO OWNERS OF THE PARENT (in full Rupiah amount ( ( ( ( *restated due to the implementation of PSAK No. 24 (Revised 2013, which was effective on January 1, ** restated due to the implementation of PSAK No. 30 (Revised 2011, ISAK No. 16 and ISAK No. 22 *** restated (unaudited due to the implementation of PSAK No. 24 (Revised 2013, which was effective on January 1, **** unaudited 5

6 Key Consolidated Ratios Keterangan June, 30 December, **** * 2013*** ** Business Ratio Gross profit to revenue (1 12.2% 8.82% 2.69% 6.30% 14.23% 15.41% Profit (loss for the period/year to revenue (2 3.07% (4.89% (8.34% (11.69% 1.67% 4.72% Gross profit to equity ( % 17.81% 4.52% 8.96% 16.45% 16.68% Profit (loss for the period/year to equity (4 3.66% (8.77% (13.14% (15.93% 2.51% 5.62% Profit (loss for the period/year attributable to owner of parents to equity (5 3.13% (9.88% (14.05% (16.63% 1.93% 5.11% Gross profit to total asset (6 3.4% 4.3% 1.21% 2.75% 5.78% 5.94% Profit (loss for the period/year to total asset (7 1.00% (2.10% (3.53% (4.90% 0.88% 2.00% Profit (loss for the period/year attributable to owner of parents to total asset (8 0.86% (2.37% (3.77% (5.11% 0.68% 1.82% Finantial Ratio Current asset to current liabilities ( % 49.46% 40.62% 53.13% 75.43% 48.19% Long term liabilities to equity ( % % % % % % Total liabilities to equity ( % % % % % % Total liabilities to total asset ( % 76.05% 73.16% 69.26% 64.88% 64.37% Growth Ratio (13 Revenue 10.48% 11.14% 0.96% 6.41% 9.20% 4.02% Expenses 5.67% 4.13% 4.86% 16.25% 10.73% 6.39% Gross profit 63.99% % (56.95% (52.90% 0.81% (7.29% Profit (loss for the period/year attributable to owner of parent % 34.77% 27.97% (843.31% (61.28% 45.36% Total asset (9.66% 3.98% (2.38% (1.19% 3.74% (0.17% Total liabilities (13.68% 8.09% 3.11% 5.48% 4.57% (2.30% Total equity 3.11% (7.24% (14.74% (13.53% 2.25% 3.91% The Required Ratio under the Loan Agreement EBITDA (dalam billion Rupiah (14 6, , , , , , Net debt (15 / equity(x Net debt (15 / EBITDA (x EBITDA / Interest expense ( % % % % % % *restated due to the implementation of PSAK No. 24 (Revised 2013, which was effective on January 1, ** restated due to the implementation of PSAK No. 30 (Revised 2011, ISAK No. 16 and ISAK No. 22 *** restated (unaudited due to the implementation of PSAK No. 24 (Revised 2013, which was effective on January 1, **** unaudited Notes: 1 Calculated by dividing gross profit with total revenue, for each relevant period. 2 Calculated by dividing profit (loss for the period/year attributable to owner of parents with total revenue, for each relevant period. 3 Calculated by dividing gross profit for relevant period with total equity by the end of the relevant period. 4 Calculated by dividing profit (loss for the relevant period/year with total equity by the end of the relevant period 5 Calculated by dividing profit (loss for the period/year attributable to owner of parents for the relevant period with total equity by the end of the relevant period. 6 Calculated by dividing gross profit for relevant period with total asset by the end of the relevant period. 7 Calculated by dividing profit (loss for the relevant period/year with total asset by the end of the relevant period 8 Calculated by dividing profit (loss for the period/year attributable to owner of parents for the relevant period with total asset by the end of the relevant period. 9 Calculated by dividing currrent asset with current liabilities, for each relevant period. 10 Calculated by dividing long term liabilities with total equity, for each relevant period. 11 Calculated by dividing total liabilities with total equity, for each relevant period. 12 Calculated by dividing total liabilities with total asset, for each relevant period 13 All growth ratios are calculated by dividing the increase (decrease of related account balance as follows: (i for the accounts in the financial position, the differences between related account balance on December 31 of the relevant year and the balance of those account on December 31 of the previous year, or (ii For the profit and loss accounts, the differences between related account balance. For the six months period ended June 30, 2016, the entire growth ratio is calculated by dividing the increase (decrease in related account balances as follows: (i For the accounts of financial position, the differences between related account balances on June 30 of the relevant year and the balance of those accounts on June 30 of the previous year, or (ii for the accounts of profit and loss, are not comparable. 14 EBITDA is calculated as profit attributable to owner of parents for 12 months period ended on reporting date add with other expenses and other operating expenses subtract with net profit from shares on associates and add depreciation and amortization. 15 Calculated by sum up total long term borrowings and bonds payable, unamortized issuance cost (long term borrowings, bonds pay able, and guaranteed notes, unamortizedconsent solicitation cost (long term borrowings and bonds payable and unamortized discounts (long term borrowings and guaranteed notes 16 Calculated by dividing EBITDA at relevant period with interest expenses at relevant period. The ratios required under the loan agreements are as follows : 1. Total Net Debt/Equity must not exceed 2,5: 1 (two point five to one as listed in each 3 (three months consolidated financial report. 2. EBITDA/debt interest payment must not less than 3 : 1 (three to one as listed in each annually audited financial report; 3. Total Net Debt/EBITDA must not exceed 4 : 1 (four to one as listed in each annually audited financial report; The minimum Adjusted Consolidated Capital at anytime for as long as the total debt has not been fully repaid, must not less than Rp5,000,000,000,000 (five trillion Rupiah 6

INDOSAT REPORTS FIRST QUARTER 2004 OPERATING AND UN-AUDITED FINANCIAL RESULTS

INDOSAT Contact: Investor Relations Division Phone: +62 21 3869614/30001340 Fax: +62 21 3804045 e-mail: investor@indosat.com http://www.indosat.com For immediate release: INDOSAT REPORTS FIRST QUARTER