Not applicable.

Not applicable.

A. Selected Financial Data

The information set forth under the headings “Financial Highlights”Data” on pages 2 —5 – 7 and “Exchange“Additional Information – Exchange Controls” on pages 113 — 114134 – 135 in the 20082010 Annual Report furnished in the Report on Form 6-K is incorporated herein by reference.

B. Capitalization and Indebtedness

Not applicable.

C. Reason for the Offer and Use of Proceeds

Not applicable.

D. Risk Factors

The information set forth under the headings “Risk“Additional Information – Risk Factors” on pages 47 — 54117 – 127 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

A. History and Development of the Company

The information set forth under the heading “Historyheadings “TELKOM Profile – History of the Company”TELKOM” on page 27; “TELKOM Profile – Significant Events in 2010” on page 28 – 29 and “Management’s Discussion and Analysis Operating and Financial Review and Prospects – Capital Expenditures” on pages 167 — 168109 – 111 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

B. Business Overview

 The information set forth under the headings “Operational Overview”“Business Review,” “Network Infrastructure,” “Network Development,” “Customer Service” and “Sales, Marketing and Distribution” on pages 58 — 7552 – 65 and “Telecommunications Industry Overview”“Tariffs and Interconnection Charges” on pages 65 – 70 under the heading “Building Excellence: TELKOM’s 2008 Overview”“Telkom Business Overview;” the information set forth under the heading “TELKOM Profile – Map of Regional Operations” on page 23 and the information set forth under the headings “Regulations,” “Competition” and “Licensing” on pages 35 — 4672 – 85 under the heading “Review of the Telecommunications Industry in Indonesia” in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

C. Organizational Structure

The information set forth under the heading “Businessheadings “Organizational Structure” and Organizational Structure—Information on Subsidiaries and Associated Companies”“ Subsidiaries” on pages 169 — 17120 – 22 under the heading “TELKOM Profile” in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

The information set forth under the heading “Business and Organizational Structure—“TELKOM Business Overview – Property, Plant and Equipment” on page 18271 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

Not applicable.

A. Operating Results

The information set forth under the heading “Management’s Discussion and Analysis—Analysis Operating and Financial Review and Prospects – Operating Results Overview” (along with the preceding paragraph) on pages 76 — 9586 – 104 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

B. Liquidity and Capital Resources

The information set forth under the heading “Management’s Discussion and Analysis—Analysis Operating and Financial Review and Prospects - Liquidity and Capital Resources” on pages 95 — 105 – 114 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

C. Research and Development, Patents and Licenses, etc.

The information set forth under the heading “Management’s Discussion and Analysis—Analysis Operating and Financial Review and Prospects – Research and Development and Intellectual Property” on page 105114 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

D. Trend Information

The information set forth under the heading “Management’s Discussion and Analysis—Analysis Operating and Financial Review and Prospects – Trend Information”Information ” on page 105115 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

E. Off-Balance Sheet Arrangements

The information set forth under the heading “Management’s Discussion and Analysis—Analysis Operating and Financial Review and Prospects – Off Balance Sheet Arrangements” on page 105115 and Note 5048 and Note 49 to the Consolidated Financial Statements in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

The information set forth under the heading “Management’s Discussion and Analysis—Analysis Operating and Financial Review and Prospects – Tabular Disclosure of Contractual Obligations” on pages 105 — 106115 – 116 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

A. Directors and Senior Management

The information set forth under the headings “Compliance—Structure“The Board of GCG”Commissioners” on page 12 and “The Board of Directors” on page 17 under the heading “Report to Shareholders” and the information set forth under the headings “Board of Commissioners” on pages 122 — 136; “Corporate Data—Profile144 – 147 and “Board of the BoC”Directors” on pages 171 — 172;147 – 150 under the heading “Corporate Governance – Framework and “—Profile of the BoD” on pages 173 — 174Corporate Governance Structure” in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

The information set forth under the headings “Compliance—Structure“Board of GCG—I.Commissioners – Compensation” on pages 134 — 136page 146 and “Our People: Telkom’s Excellent Resources—Competitive Remuneration”“Board of Directors – Board of Directors’ Remuneration and Allowances” on pages 156 — 157148 – 149 under the heading “Corporate Governance – Framework and Corporate Governance Structure” and the information set forth under the headings “Competitive Remuneration,” “Defined Benefit Pension Plan” and “Defined Contribution Pension Plan” on pages 36 – 37 under the heading “TELKOM’s Human Capital - A Bridge to Change – TELKOM’s HR Development” in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

C. Board Practices

The information set forth under the headings “The Board of Commissioners” on page 12 and “The Board of Directors” on page 17 under the heading “Compliance—Structure“Report to Shareholders;” the information set forth under the headings “Board of GCG—G. Board Practices”Commissioners” and “Board of Directors” on pages 132 — 133;144 – 150 under the heading “Corporate Data—Profile ofGovernance – Framework and Corporate Governance Structure” and the BoC” on pages 171 — 172; “Corporate Data—Profile ofinformation set forth under the BoD” on pages 173 — 174; “Report of Auditheadings “Audit Committee” on pages 142 — 145; “Report of the Nomination151 – 153 and “Nomination and Remuneration Committee” on pages 146 — 147; and “Reportpage 156 under the heading “Corporate Governance – Board of the Committee on Planning and Risk Assessment” on pages 148 — 150Commissioners’ Committees” in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

D. Employees

The information set forth under the heading “Human Resources Profile”headings “HR Profile – TELKOM Employees” on pages 151 — 152; “Employeepage 32 and “TELKOM’s HR Development – Employee Relations Management” on page 156; and “Additional Financial Information—Material Litigation—Employee Matters” on page 10736 under the heading “TELKOM’s Human Capital - A Bridge to Change” in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

E. Share Ownership

The information set forth under the heading “Compliance—“Corporate Governance – Framework and Corporate Governance Structure – Board of GCG—J.Directors –  Share Ownership” on page 136149 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

A. Major Shareholders

The information set forth under the headings “Composition of Share Ownership” and“Shareholder Composition” on pages 42 – 43; “Relationship with the Government and Governmental Agencies” on pages 14 — 1745 – 47; “Other – Proportion of Common Stock held in Indonesia and Abroad” on page 47 and “Other – Change in Control” on page 47 under the heading “Stock Overview” in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

B. Related Party Transactions

The information set forth under the headings “Relatedheading “Stock Overview – Other – Related Party Transactions” on page 17;48 and Note 4544 to the Consolidated Financial Statements in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

C. Interest of Experts and Counsel

Not applicable.

Not applicable.

A. Share capital

Not applicable.

B. Memorandum and Articles of Association

The information set forth under the heading “Additional Financial Information—Memorandum and“Corporate Governance – Amendment of the Articles of Association” on pages 108 — 112175 –176 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

C. Material Contracts

The information set forth under the heading “Additional Financial Information—“Corporate Governance – Material Contracts” on page 112172 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

The information set forth under the heading “Additional Financial Information—Information – Exchange Controls” on pages 113 — 114134 – 135 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

E. Taxation

The information set forth under the heading “Additional Financial Information—Information – Taxation” on pages 114 — 117136 – 139 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

F. Dividends and Paying Agents

Not applicable.

G. Statement by Experts

Not applicable.

H. Documents on Display

The information set forth under the heading “Additional Financial Information—“Corporate Governance – Documents on Display” on page 117174 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

I. Subsidiary Information

Not applicable.

The information set forth under the heading “Quantitative“Additional Information – Quantitative and Qualitative Disclosure About Market Risk” on pages 54 — 57128 – 131 in the 20082010 Annual Report contained in the Report on Form 6-K is incorporated herein by reference.

A.  Debt Securities

Not applicable.

B.  Warrants and Rights

Not applicable.

C.  Other Securities

Not applicable.

D.  American Depositary Shares

The information set forth under the heading “Stock Overview– Trading on the NYSE and LSE and Depositary Fees” on pages 41- 42 in the 2010 Annual Report contained in the Report on 6-K is incorporated herein by reference.