20-F/A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 20-F/ A

(AMENDMENT NO. 1)

o	REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934
OR
þ	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the fiscal year ended December 31, 2005
o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
OR
o	SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	Date of event requiring this shell company report

Commission file number 1-14406

Perusahaan Perseroan (Persero)

P.T. Telekomunikasi Indonesia Tbk.

(Exact name of Registrant as specified in its charter)

Telecommunications Indonesia

(a state-owned public limited liability company)

(Translation of Registrant’s name into English)

Republic of Indonesia

(State or other jurisdiction of incorporation or organization)

Jalan Japati, 1

Bandung 40133

Indonesia

(62) (22) 452-1510

(62) (21) 521-5109*

(Address of Registrant’s principal executive offices)

         Securities registered or to be registered pursuant to Section 12(b) of the Act.

Title of	Name of each exchange on
Each class	which registered
American Depositary Shares representing Series B Shares, par value 250 Rupiah per share	New York Stock Exchange
Series B Shares, par value 250 Rupiah per share	New York Stock Exchange**

     Securities registered or to be registered pursuant to Section 12(g) of the Act. None

     Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. None

     Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report:

Series A Shares, par value 250 Rupiah per share	1
Series B Shares, par value 250 Rupiah per share	20,159,999,279

     Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes o        No þ

     If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.    Yes o        No þ

     Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.    Yes þ        No o

     Indicate by check mark whether the registrant is a large accelerate filer, an accelerated filer, or an non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer þ        Accelerated filer o        Non-accelerated filer o

     Indicate by check mark which financial statement item the Registrant has elected to follow.    Item 17 o        Item 18 þ

     If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes o        No þ

*  Investor Relations Unit, Graha Citra Caraka, Jl. Gatot Subroto, No. 52, 5th Floor, Jakarta 12570.

**  The Series B Shares were registered in connection with the registration of the American Depositary Shares. The Series B Shares are not listed for trading on the New York Stock Exchange.

EXPLANATORY NOTE

      The registrant hereby amends its annual report on Form 20-F for the fiscal year ended December 31, 2005 (the “Form 20-F”), which was filed with the Securities and Exchange Commission on June 23, 2006, solely for the purpose of adding Exhibit 4.47, which comprises an English language summary of certain foreign language material contracts. This amendment does not reflect events occurring after the filing of the Form 20-F and does not modify or update the disclosure therein in any way other than as required to reflect the amendments described herein and reflected below. No other changes have been made to the Form 20-F.

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ITEM 19.     EXHIBITS

Exhibit 1 — The Articles of Incorporation of TELKOM, amended as of July 30, 2004, together with an English translation thereof (incorporated herein by reference to Exhibit 1 to the Form 20-F, which was filed with the Securities and Exchange Commission on June 23, 2006).

Exhibit 2 — Not applicable.

Exhibit 3 — Not applicable.

Exhibit 4 — Material Contracts Exhibits:

4.1*	Settlement Agreement between TELKOM and the shareholders of AriaWest, dated July 31, 2003.
4.2*	Credit Agreement between TELKOM and the AriaWest lenders, dated July 31, 2003.
4.3*	First Amendment to the Conditional Sale and Purchase Agreement between TELKOM and the shareholders of AriaWest, dated July 31, 2003.
4.4*	Conditional Sale and Purchase Agreement between TELKOM and the shareholders of AriaWest, dated May 8, 2002.
4.5*	Conditional Sale and Purchase Agreement between TELKOM and the shareholders of Pramindo, dated April 19, 2002.
4.6*	Cooperation Agreement on the Interconnection between TELKOM’s Fixed Network and Indosat’s Local Fixed Network and the Settlement of the Interconnection Financial Rights and Obligations between TELKOM and Indosat, dated September 3, 2002, including an English translation thereof.
4.7**	Kontrak Pengadaan Satelit TELKOM-2 (Contract on Procurement of TELKOM-2 Satellite) between TELKOM and Orbital Sciences Corporation, dated October 24, 2002.
4.8+	First Amendment to Contract on Procurement of TELKOM-2 Satellite between TELKOM and Orbital Sciences Corporation, dated December 15, 2003.
4.9**	Kontrak Jasa Peluncur Satelit TELKOM-2 (Agreement on Launch Services of TELKOM-2 Satellite) between TELKOM and Arianespace S.A., dated November 8, 2002.
4.10*	Master Procurement Partnership Agreement between TELKOM and a consortium led by Samsung Electronics, dated December 23, 2003.
4.11*	Amendment No. 1 to the Master Procurement Partnership Agreement between TELKOM and a consortium led by Samsung Electronics, dated December 31, 2003.
4.12*	Service Level Agreement between TELKOM and a consortium led by Samsung Electronics, dated December 23, 2002.
4.13*	Loan Agreement between TELKOM and The Export-Import Bank of Korea, dated
	August 27, 2003.
4.14*	Master Procurement Partnership Agreement between TELKOM and a consortium led by Ericsson, dated December 23, 2002.
4.15*	Service Level Agreement between TELKOM and a consortium led by Ericsson, dated December 23, 2002.
4.16*	Master Procurement Partnership Agreement between TELKOM and PT Industri Telekomunikasi Indonesia (Persero), dated August 26, 2003, including an English translation thereof.
4.17*	Service Level Agreement between TELKOM and PT Industri Telekomunikasi Indonesia Tbk., dated August 26, 2003.
4.18*	Partnership Agreement for the Procurement and Construction of Backbone Transmission Network between TELKOM and a consortium led by Siemens AG, dated September 24, 2003.
4.19**	Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated February 8, 2002.

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4.20+	Co-Operation Agreement on Fixed Wireless CDMA Facilities Construction in KSO Divre VII Area between TELKOM and PT Bukaka SingTel International, dated January 14, 2003.
4.21*	Amendment No. 1 to the Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated August 22, 2002.
4.22*	Amendment No. 2 to the Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated October 25, 2002.
4.23*	Amendment No. 3 to the Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated December 20, 2002.
4.24*	Amendment No. 4 to the Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated March 20, 2003.
4.25*	Amendment No. 5 to the Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated June 26, 2003.
4.26+	Amendment No. 6 to the Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated October 9, 2003.
4.27+	Amendment No. 7 to the Development Contract PSTN Excellence Regional Junction Divre-II between TELKOM and the Olex-Lucent-Brimbun consortium, dated December 4, 2003.
4.28*	Master Procurement Partnership Agreement between TELKOM and Motorola, Inc., dated March 24, 2003.
4.29*	Partnership Agreement for Procurement and Construction of Regional Metro Junction and Optic Access Network for Regional Division III between TELKOM and PT Industri Telekomunikasi Indonesia (Persero), dated November 12, 2003, including an English translation thereof.
4.30*	Contract Agreement in connection with the Softswitch System Class-4 Procurement Program Through Buy or Return Scheme between TELKOM and the Santera-Olex consortium, dated December 18, 2003.
4.31*	Side Letter to the Partnership Agreement for the Construction and Provision of the High Performance Backbone in Sumatera, dated June 12, 2003.
4.32*	Amendment No. 1 to the Partnership Agreement for the Development of a PSTN Regional Junction for Regional Division V (East Java), dated September 27, 2002.
4.33*	Amendment No. 2 to the Partnership Agreement for the Development of a PSTN Regional Junction for Regional Division V (East Java), dated December 30, 2002.
4.34+	Amendment No. 3 to the Partnership Agreement for the Development of a PSTN Regional Junction for Regional Division V (East Java), dated December 11, 2003.
4.35*	Supply Contract among TELKOM, NEC Corporation, the Communication Authority of Thailand and Singapore Telecommunications Limited, dated November 27, 2002.
4.36*	Amended and Restated KSO Agreement between TELKOM and PT Mitra Global Telekomunikasi Indonesia, dated January 20, 2004.
4.37*	Service Level Agreement between TELKOM and Motorola, Inc., dated March 24, 2003.
4.38*	Indemnity Agreement between TELKOM and KAP Hans Tuanakotta Mustofa & Halim (formerly KAP Hans Tuanakotta & Mustofa), dated February 9, 2004.
4.39+	Supply Contract for the Procurement and Installation of Dumai-Melaka Cable System among TELKOM, Telekom Malaysia Berhad and NEC Corporation, dated May 14, 2004.
4.40+	Loan Agreement and Acknowledgement of Indebtedness between TELKOM and ABN AMRO Bank N.V. Jakarta Branch, dated January 28, 2004.
4.41+	Letter Agreement between Indosat and TELKOM, dated December 11, 2003 (with regard to the merger of PT Indonesian Satellite Corporation Tbk with PT Indosat Multi Media Mobile, PT Satelit Palapa Indonesia and PT Bimagraha Telekomindo), including an English translation thereof.
4.42+	Indemnity Agreement between TELKOM and KAP Hans Tuanakotta Mustofa & Halim (formerly KAP Hans Tuanakotta & Mustofa), dated June 29, 2004.
4.43++	Medium Term Notes Issuance Agreement dated December 13, 2004 (English summary).

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4.44++	Indemnity Agreement between TELKOM and KAP Hans Tuanakotta Mustofa & Halim (formerly KAP Hans Tuanakotta & Mustofa), dated April 25, 2005.
4.45+++	Supply Contract For The Procurement and Installation of Ring JASUKA Backbone between TELKOM and NEC-SIEMENS CONSORTIUM, dated June 10, 2005.
4.46+++	Supply Contract For Capacity Expansion of Submarine Cable System Tanjung Pandan-Pontianak between TELKOM and NEC Corporation, dated July 2005.
4.47	Interconnection Agreements between TELKOM and Indosat, dated September 23, 2005 and December 1, 2005 (English Summary).
*	Filed with Amendment No. 2 to the Annual Report of Form 20-F/ A for the year ended December 31, 2002 filed February 9, 2004 and incorporated herein by reference.
**	Filed with original Annual Report on Form 20-F for the year ended December 31, 2002 filed April 17, 2003 and incorporated herein by reference.
+	Filed with original Annual Report on Form 20-F for the year ended December 31, 2003 filed June 30, 2004 and incorporated herein by reference.
++	Filed with original Annual Report on Form 20-F for the year ended December 31, 2004 filed July 15, 2005 and incorporated herein by reference.
+++	Filed with original Annual Report on Form 20-F for the year ended December 31, 2005 filed June 23, 2006 and incorporated herein by reference.

Exhibit 5 — Not applicable.

Exhibit 6 — Earnings per share is computed by dividing net income by the weighted average number of shares outstanding during the year, totaling 20,159,999,280 shares in 2003, 2004 and 2005. TELKOM does not have potentially dilutive ordinary shares.

Exhibit 7 — Not applicable.

Exhibit 8 — List of subsidiaries as of December 31, 2005 (incorporated herein by reference to the annual report on the Form 20-F, which was filed with the Securities and Exchange Commission on June 23, 2006).

Exhibit 9 — Not applicable.

Exhibit 10 — Not applicable.

Exhibit 11 — Not applicable. TELKOM intends to comply with its obligation to disclose its code of ethics by posting a copy of the code of ethics on its company web site at www.telkom-indonesia.com/english/hubunganinvestor/index.asp.

Exhibit 12 — See Exhibits 12.1 and 12.2 attached hereto.

Exhibit 13 — See Exhibits 13.1 and 13.2 attached hereto.

Exhibit 14 — Not applicable.

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SIGNATURES

      The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F/ A and that it has duly caused and authorized the undersigned to sign this amendment to the annual report on its behalf by the undersigned, there unto duly authorized, in Jakarta, on the 29th day of June, 2006.

PERUSAHAAN PERSEROAN (PERSERO)

P.T. TELEKOMUNIKASI INDONESIA Tbk.

By:  /s/ Arwin Rasyid

ARWIN RASYID

President Director

Date: June 29, 2006

5 EX-4.47 2 u92785exv4w47.txt EX-4.47 INTERCONNECTION AGREEMENTS BETWEEN TELKOM AND INDOSAT, DATED SEPTEMBER 23, 2005 AND DECEMBER 1, 2005 (ENGLISH SUMMARY). Exhibit 4.47 [English Summary] COOPERATION AGREEMENT ON INTERCONNECTION BETWEEN JARTAPLOK AND JARTAP-JJ & JARTAPIN DATED 23 SEPTEMBER 2005 NO. K.TEL127/HK.810/ENT-30/05 -- 242/100-IC0/LGL/05 The Parties: 1. Perusahaan Perseroan (Persero) PT. Telekomunikasi Indonesia, Tbk ("Telkom"); and 2. PT Indosat, Tbk ("Indosat"). Scope of Agreement: 1. Interconnection between Jartaplok Telkom with Jartap-JJ Indosat; 2. Interconnection between Jartaplok Indosat with Jartap-JJ Telkom; 3. Interconnection between Jartap-JJ Telkom and Jartap-JJ Indosat; 4. Interconnection between Jartap Telkom with Jartapin Indosat; 5. Interconnection between Jartap Indosat with Jartapin Telkom Purpose and Objectives of Interconnection: 1. Interconnection between Jartaplok and Jartap-JJ: a. To channel Interconnection Calls from a Jartaplok User of either party through the other party's Jartap-JJ on an end-to-end basis to every Jartaplok User of either party or a third party's user, subject to the provisions of this Agreement; b. so that each Jartaplok User of either party may receive Interconnection calls channeled through the other party's Jartap-JJ on an end-to-end basis, originating from a Jartaplok User of either party or any third party's user, subject to the provisions of this Agreement; 2. Interconnection between Jartap-JJ: to optimize both parties' Jartap-JJ in channeling SLJJ Interconnection Call. 3. Interconnection between Jartap and Jartapin: a. so that each Telkom's Jartaplok User may make and receive international telecommunication calls through Indosat's Jartapin on an end-to-end basis with each telecommunication user abroad, subject to the provisions of this Agreement; b. so that each Indosat Jartaplok User may make and receive international telecommunication calls through Telkom's Jartapin on an end-to-end 1 basis with each telecommunication user abroad, subject to the provisions of this Agreement. SLJJ Calls: 1. National Prefix "0" as the default digit; 2. Jartaplok Operator is entitled to determine which Jartap-JJ that is to be used to channel such SLJJ Interconnection call. SLI Calls: 1. Access Codes for Indosat SLI Interconnection Call are "001" and "008"; 2. Access Code for Telkom's SLI Interconnection Call is "007". Provision of SLJJ Interconnection: 1. At initial stage will be made available in Jakarta, Surabaya, Medan, Batam, Balikpapan, Denpasar and other cities; 2. Both parties agree to add more interconnection locations; 3. For each location added, Indosat shall notify Telkom cq. Head of CISC Division at least 1 month prior to the effective date of interconnection performance at the requested location. Provision of SLI Interconnection: 1. Telkom shall make Interconnection available, including opening the Access Codes SLI "001" and "008" automatically (normally opened) and continuously at all Telkom's Jartap (both Jartaplok and Jartap-JJ); 2. Indosat shall make Interconnection available, including opening the Access Code SLI "007" automatically (normally opened) and continuously at all Indosat's Jartap (both Jartaplok and Jartap-JJ). Availability of Interconnection and the Opening of VoIP Access Code: 1. Telkom shall open Indosat's VoIP Access Code automatically (normally opened) at all Telkom's Jartap (both Jartaplok and Jartap-JJ); 2. Indosat shall open Telkom's VoIP Access Code automatically (normally opened) at all Indosat's Jartap (both Jartaplok and Jartap-JJ); 3. The opening of VoIP Access Code, as mentioned above, shall be prescribed in a separate cooperation agreement along with the opening of Telkom's VoIP Access Code at Indosat's Jarbersel. 2 Origination and Termination of SLJJ: Unless provided otherwise in this Agreement, the parties agree that the Originating and Terminating of a SLJJ call may be made from each of Indosat's Jartaplok to each of Telkom's Jartaplok, and vice versa. Origination and Termination of SLI: 1. Telkom shall patch each Indosat SLI Interconnection call using SLI Access Codes "001" and/or "008" from each, originating at Telkom's Jartaplok to Indosat SGI, and channel each incoming international call patched through Indosat SGI to each terminating at Telkom's Jartaplok; 2. Indosat shall patch each Telkom SLI Interconnection call using SLI Access Code "007" from each, originating at Indosat's Jartaplok to Telkom SGI, and channel each incoming international call patched through Telkom SGI to each terminating at Indosat's Jartaplok. Gateway and Point of Interconnection: 1. Interconnection is operated by directly connecting the Gateway of each Party through the Point of Interconnection. 2. The geographical position of both Point of Interconnection and Gateway used for the communication shall be located at each numbering area in which the Interconnection is requested, while the Gateway used for the signaling shall use STP-pair (Signaling Transfer Point) configuration and accordingly, is not obligated to be within the same numbering area of the Gateway used for the communications. 3. The positions of Point of Interconnection for each type of Interconnection are as follows: a. Point of Interconnection for the Interconnection between Indosat's Jartap-JJ and Indosat's Jartaplok, and between Telkom's Jartap-JJ and Indosat's Jartap-JJ shall be located on Telkom's premises; b. Point of Interconnection for the Interconnection between Indosat's Jartapin and Telkom's Jartap shall be located on Telkom's premises; 3 c. Point of Interconnection for the Interconnection between Telkom's Jartapin and Indosat's Jartapin shall be located on Indosat's premises. 4. Each Party shall determine the DDF (Digital Distribution Frame) at its premise and will be used as the Point of Interconnection. 5. Each Party shall be responsible in providing the Gateway, Point of Interconnection, DDF, and the Interconnection Link, complete with its supporting facilities. 6. Technical Configuration for Interconnection resembling the connection between Gateways for SLJJ and SLI International Calls, and the location of the Point of Interconnection, are set forth in Attachment I to this Agreement. Modifications to System and Sub-System: 1. If any Party modifies the system and/or sub-system including, but not limited to, transmission equipment, central equipment and terminals so that the other Party's system and/or subsystem shall also be modified, then the modifying Party shall notify the other Party in writing and shall bear the costs of the modifications within the timeframe agreed by the Parties. 2. Detail provisions concerning modifications to the system and/or sub-system shall be agreed between the working units of the Parties and set forth in the Operational Cooperation Agreement (Perjanjian Kerja Sama Operasi or PKSO). 3. The Parties shall conduct, at their own cost, any modifications on the system and/or sub-system resulting from Government's policy and/or prevailing laws and regulations, pursuant to the tasks and obligations. Interconnection Fee and Data Reference: 1. Each Interconnection Call shall be charged with the Interconnection Fee, without exceptions. 2. Interconnection Fees for SLJJ Calls shall be paid by the Jartap of the originating Call to all Jartel Operators involved in channeling Interconnection Calls to the Jartel connected to the designated number. 3. Interconnection Fees for SLI Calls shall be paid by Jartapin Operators as the owner of SLI access code 4 dialed by the user to all Jartel Operators involved in channeling the Interconnection Calls from the Jartel of the originating Call to the Jartel connected to the designated number. However, if the collection for a Jastel fee is conducted by Jartel operator of the originating call, then the payment for SLI Interconnection fee may be directly deducted from the invoiced SLI Jastel Fee. 4. The Interconnection Fee is calculated based on the data per Interconnection Call (on a call by call basis). 5. The Parties agree that the tariff for the SLI Interconnection Fee applicable for both Telkom and Indosat are as follows: a. Tariff on Terminating fee for local segment = Rp240/minute; b. Tariff for Terminating fee for SLJJ segment (including designated local segment) = Rp1000/minute. Designated local segments mentioned above shall include the Jartap operator's local segment of any third party interconnected with Telkom's or Indosat's Jartap. 6. The Parties agree that the Tariff for the SLI Interconnection Fee applicable for Indosat SLI at Telkom's Jartap or Telkom SLI at Indosat's Jartap are as follows: a. Originating Tariff: (1) Access Tariff = Rp850/call; (2) Usage Tariff = Rp500/minute; b. Terminating Tariff: (1) Access Tariff = Rp850/call; (2) Usage Tariff = Rp550/minute. The variant of the Interconnection Fee as mentioned above shall not include the fees for billing process, collection fee to customers and bad debts of the customers. 7. For the purpose of calculation of the Interconnection fee for the calls that are made on transit at Jartap-JJ or made on terminating at Jartaplok, the data to be used is the incoming data from Jartap-JJ Operator who provides Transit service or from Jartaplok Operator of the designated Call. 5 8. For the purpose of the calculation of the SLI International Call entitled to Telkom, the data to be used is the billing data from Telkom. To calculate the SLI Interconnection fee entitled by Indosat, the data to be used is the billing data from Indosat. 9. The Interconnection call that can be charged (chargeable record) is each call with a minimum duration of 6 seconds. 10. Settlement for Interconnection shall be conducted on the 10th day of month (n+1), and the reconciliation shall be conducted on the 15th day of month (n+4), provided that n is the monthly period of conversations. 11. Limit of toleration for differences of the data of settlement is 1% for each exceeding amount. Therefore, each invoice which does not exceed such limit of toleration shall use the data set forth in the above paragraphs 7 and 8, the result of which shall be made in the Minutes of Settlement. 12. If the dispute on the data of settlement exceeds the limit of toleration as mentioned above, the Parties agree to use the accumulation of both Indosat's and Telkom's data divided by two for the purpose of interim calculation which shall be made in Minutes of Interim Settlement. The Parties shall then compare the data of each Party (compared by volume), which shall be made in Minutes of Volume Compare. 13. If no agreement, with respect to the data presented by each Party, is agreed to within 6 months from the date of the Minutes of Interim Settlement, then the data mentioned in paragraphs 7 and 8 above shall be used to for the final financial calculation. Payment Mechanism of Interconnection Fee: 1. Income rights of each Party is calculated based on netting procedures of all rights and obligations, where the Party with greater invoice ("Invoicing Party") is entitled to claim its rights to the party with lesser invoice ("Invoiced Party"). 2. Interconnection Income is paid by the entitled Party pursuant to the amount stated in the Financial Calculation Note (Nota Perhitungan Keuangan or NPK) issued by the Invoicing Party on a quarterly basis, 6 according to the Minutes of Settlement (both Interim or Final and/or Volume Compare) issued within such NPK period. 3. For the payment mentioned above, the Invoicing Party is obligated to deliver the invoice along with the complete invoicing documents to the Invoiced Party. 4. Settlement of rights and obligations on payment pursuant to this Agreement may be accumulated with the settlement of rights and obligations under other agreements prevailing between the Parties. 5. Interconnection Charges, calculation, billing process, payment mechanism and financial settlement, including time limit, settlement process, reconciliation process, volume compare and other provisions as may be relevant are subject to the prevailing mechanism and terms for other types of Interconnection as agreed to by both Parties in a separate agreement or insofar as is possible pursuant to the Existing PKSO. Rights and Obligations of Telkom: 1. Determine the tariff for SLJJ service provided at Telkom Jartaplok and Telkom's SLI "007" applied to Indosat's Jartaplok user; 2. Receive payments of income on Telkom's SLI "007" from Indosat's Jartap User which is entitled to Indosat; 3. Receive payments on Interconnection Fee for Indosat's SLI "001" and SLI "008" Calls which are entitled to Telkom, and the Interconnection Fee for Transit service at Telkom's Jartap-JJ and for calls terminating at Telkom's Jartaplok; 4. Receive data for Indosat's SLI "001" and SLI "008" billing service which shall be invoiced to Telkom's Jartaplok User; 5. Receive payments on Collection Fee and Indosat's SLI "001" and SLI "008" Billing Process Fee for Telkom's Jartap Customers, unless determined otherwise; 6. Receive data on Indosat's Prepaid Numbers and the amendments thereof from time to time to ensure the invoiced Interconnections calls; 7 7. Provide Collection Tariff for Telkom's SLI "007" to Indosat to be applied to Indosat's Jartaplok Customer/User; 8. Conduct billing retail and Interconnection billing processes; 9. Pay the Interconnection fee for Telkom's SLI "007", and the Transit SLJJ Interconnection Fee at Jartap-JJ and SLJJ Terminating Fee at Jartaplok which are entitled to Indosat; 10. Collect Telkom's Jartaplok User, which have used Indosat's SLI "001" and SLI "008", unless otherwise agreed to from time to time; 11. Provide Indosat the billing data (BD12) as the basis of collecting service of Telkom's SLI "007" to Indosat's with Customers; 12. Bear the bad debt on the invoices for Telkom's SLI "007" which was accrued by Indosat's Jartaplok User, unless it has been agreed that the bad debt shall be borne by Indosat; 13. Pay the Collection Fee and Telkom's SLI "007" Billing Process Fees, which shall be processed by Indosat, amounting to Rp82 per record plus 1% of the invoice billable by Indosat, unless determined or agreed otherwise; 14. Provide Indosat with the data on Telkom's Prepaid Numbers and the amendments thereof from time to time to ensure the invoiced Interconnections calls. Rights and Obligations of Indosat: 1. Determine the tariff for SLJJ service provided at Indosat Jartaplok and Indosat's SLI "001" and SLI "008" applied to Telkom's Jartap user; 2. Receive payments of income on Indosat's SLI "001" and SLI "008" from Telkom's Jartaplok User which is entitled to Indosat; 3. Receive payments on Interconnection Fee for Telkom's SLI "007" Call, which are entitled to Indosat, and the Interconnection Fee for Transit service at Indosat's Jartap-JJ and for call terminating at Indosat's Jartaplok; 8 4. Receive data for Telkom's SLI "007" billing service which shall be invoiced to Indosat's Jartaplok User; 5. Receive payments on Collection Fee and Telkom's SLI "007" Billing Process Fee for Indosat's Jartaplok Customers, unless determined otherwise; 6. Receive data on Telkom's Prepaid Numbers and the amendments thereof from time to time to ensure the invoiced Interconnections calls; 7. Provide Collection Tariff for Indosat's SLI "001" and SLI "008" to Telkom to be applied to Telkom's Jartaplok Customer/User; 8. Conduct billing retail and Interconnection billing processes; 9. Pay the Interconnection fee for Indosat's SLI "001" and SLI "008", and the Transit SLJJ Interconnection Fee at Jartap-JJ and SLJJ Terminating Fee at Jartaplok which are entitled to Telkom; 10. Collect from Indosat's Jartaplok User's which have used Telkom's SLI "007", unless otherwise agreed from time to time; 11. Provide Telkom with the billing data (BD12) as the basis of collecting service of Indosat's SLI "001" and SLI "008" to Telkom's Customers; 12. Bear the bad debt on the invoices for SLI "001" and SLI "008" which was accrued by Telkom's Jartaplok User, unless it has been agreed that the bad debt shall be borne by Telkom; 13. Pay the Collection Fee and Indosat's SLI "001" and SLI "008" Billing Process Fees, which shall be processed by Telkom, amounting to Rp82 per record plus 1% of the invoice billable by Telkom, unless determined or agreed otherwise; 14. Provide Telkom with the data on Indosat's Prepaid Numbers and the amendments thereof from time to time to ensure the invoiced Interconnections calls. Prohibitions: 1. Each party is prohibited to conduct fraud or let the occurrence of fraud in the form of technical engineering, administrative engineering and/or any 9 other fraud which may result in the potential or actual loss, decrease of income and/or additional expenses to the other party. 2. The aforesaid technical engineering, administrative engineering and/or fraud are including but not limited to: a. Creating dummy numbers without the other party's justification; b. Hiding or keeping information on the existence of dummy numbers to the other party, even though the dummy number cannot be avoided, technically, and therefore should be justified by the other party; c. Changing, amending, adding and/or lessening the information/digit on the signaling system between the Jartels without any reason that can be justified by the other party; d. Adding and/or decreasing the data/information prescribed in CDR; e. Violating the agreed provisions on Configuration for Interconnection, Point of Interconnection, Gateway, Call Scenario and CDR format; f. Patching unclear Interconnection traffic or ones that are untraceable; g. Opening Access Code and/or patching SLJJ and/or SLI Interconnection call which cause the occurrence of SLJJ and/or SLI Interconnection call beyond the agreed Call Scenario. Sanctions on Violations against Prohibitions: 1. Each case of violation against prohibition as mentioned in the above paragraph is imposed by a penalty in the minimum amount of 50% of the value entitled by the damaged party. Such penalty is not included in the principal amount payable by the damaged party based on the ideal condition (condition without violation). 2. Aside from the penalty, such violation may also result in the unilateral termination of this Agreement, without the requirement to obtain a final and binding decision by a Judge. 3. Any violation as mentioned in the above paragraph may be reported to the authorized party on the basis of penal provisions as prescribed in article 50 of Law No. 36 of 1999 on Telecommunication. 10 Penalty on Late Payment: 1. Penalty for late payment is in the average amount of 1 month fixed deposit interest rate of a government Bank from the total outstanding Interconnection obligation. 2. If the obligated Party decides not to pay its obligations as well as the late penalty, then the Party entitled to the Interconnection Fee shall block any calls from PKS Interconnection between Local Jartap and both Jartap-JJ and Jartapin. Call blocking is executed by reducing the dimension of the Interconnection at all or parts of the Point of Interconnection with the following conditions: a. Reduction of 25% commences on the 1st day of month (n+5); b. Reduction of 50% commences on the 1st day of month (n+6); c. Reduction of 60% commences on the 1st day of month (n+7). 3. Before the blocking, the Party entitled to the Interconnection Fee shall deliver a prior notification letter concerning the blocking, at the latest on the 16th of month (n+4). 4. If the obligated Party fails to respond until the end of month (n+4), the dimensional reduction will be executed as abovementioned. 5. If the obligated Party responded by requesting delay of payment yet fails to pay until the end of month (n+5), the blocking shall be executed with the dimensional reduction set forth in the above paragraph 2.b. 6. Reconnection of blocking shall only be conducted after all the obligations and the penalty are made payable. 7. Aside from the sanctions mention in the above paragraphs, the Party entitled to the Interconnection Fee may also impose other sanctions, including but not limited to, the reduction of the quality of service of other Jartel/Jastel, delay in providing rental service for new/additional Jartel, direct deduction from other payment obligations. 11 Operational Cooperation Agreement (Perjanjian Kerja Sama Operasional or PKSO): 1. Upon the enforcement of this Agreement, the parties agree that for the continuity of the cooperation on interconnection, both parties shall put their best effort to complete the Interconnection Operational Cooperation Agreement which should be executed by Telkom (Head of CISC Division) and Indosat (Regulatory SPV) within at the latest 3 months as from the effective date of this Agreement, i.e. 29 September 2005. 2. Insofar as the above PKSO cannot be completed, the existing PKSO and/or other existing separate agreements concerning interconnection between Telkom and Indosat may be used as reference and may be implemented as the PKSO for this Agreement, to the extent such is relevant and applicable. Period of Agreement: 1. This Agreement is valid for 3 years as from 23 September 2005, and may be extended and/or renewed upon agreement of both parties; 2. In the event no amendment or termination is made on this Agreement, then this Agreement will automatically be extended for another period of 3 years. Settlement of Dispute: Indonesian National Arbitration Board or Badan Arbitrase Nasional Indonesia (BANI) in accordance with BANI Rules and Law No. 30 of 1999 concerning Arbitration and Alternatives of Dispute Settlements. Consultation/ Coordination Forum: Both parties agree to establish a Consultation/Coordination Forum which will convene a meeting on a periodical basis to settle all matters arising with relation to this Agreement. Existing Interconnection Agreements: 1. Cooperation Agreement on Interconnection between Telkom's Jaringan Tetap and Indosat's Jaringan Tetap Lokal and the Settlement of Interconnection Financial Rights and Obligations No. PKS 162/HK810/OPSAR-00/2002 -- 26/DNI/HK720/02 dated 3 September 2002, which has been amended by the Addendum No. PKS 56/HK.810/JAR-30/2005 -- 056/100-ICO/REL/05 dated 12 31 March 2005, to the extent on the provisions concerning SLJJ Interconnection; 2. Memorandum of Understanding concerning Penyelenggaraan Jasa Telekomunikasi No. 63/HK.800/UTA-00/97 -- 092/DRU/HK.720/97 dated 21 August 1997; and 3. Cooperation Agreement concerning Network Interconnection, Marketing and International Telecommunications Services No. 64/HK.810/OPSAR-00/97 -- 1000/NDN/HK.720/97 dated 21 August 1997; are amended and replaced with this Agreement. 13 COOPERATION AGREEMENT ON INTERCONNECTION OF TELKOM'S JARTEP AND INDOSAT'S JARBERSEL DATED 1 DECEMBER 2005 NO. PKS.157/HK.820/ENT-30/2005 -- 156/CO0.CCO/LGL/05 The Parties: 1. Perusahaan Perseroan (Persero) PT. Telekomunikasi Indonesia ("Telkom"); and 2. PT Indosat, Tbk ("Indosat"). Scope of Agreement: 1. The Parties agree to operate Interconnection between Telkom's Jartap and Indosat's Jarbersel, so that: a. Each Telkom customer may make or receive Interconnection calls to or from Indosat's Jarbersel customer. b. Each Jastel operated by Telkom with or without any cooperation with other Jastel Operator Partner ("Other Partner") may make Interconnection calls to, and receive Interconnection calls from, Indosat's Jarbersel Customers, and vice versa. 2. Telkom's Jartap includes Domestic Jartap (Local Jartap and Jartap-JJ) and Jartapin. 3. Indosat's Jarbersel is the combination/integration of ex-Satelindo's and ex-IM3's Jarbersel. Point of Interconnection and Gateway: 1. Point of interconnection between Telkom's Jartap and Indosat's Jarbersel is located at Telkom's premise or where Telkom's SGJJ is located. 2. Telkom's Jartap to be directly interconnected with Indosat's Jarbersel is Telkom's SGJJ. 3. Indosat's Jarbersel to be directly interconnected to Telkom's SGJJ is the MSC (Mobile Switching Center) functioned as Indosat's Jarbersel Gateway. 4. Technical Configuration of the Interconnection resembling the connection between Points of Interconnection, SGJJ and Indosat's Jarbersel SG is attached in Attachment I of this Agreement. 1 Prefixes and Access Codes: 1. Telkom is obligated to keep open the Prefix "0" and Indosat's Jarbersel Prefixes ("0814"; "0815"; "0816"; "0855"; "0856"; "0857"; and "0858"), including the numbers of Indosat's Jarbersel Customers at all Telkom's Jartaplok. 2. Indosat is obligated to keep open the Prefix "0", Telkom's SLI Access Code "007", Telkom's ITKP Access Code, including all Jartap's area codes and the numbers of Telkom's Jartaplok Customers at all Indosat's Jarbersel (normally open), provided that the opening of Telkom's ITKP Access Code for domestic and international calls at Indosat's Jarbersel is to be stipulated in an addendum to this Agreement or in a separate agreement. Interconnection Capacity: 1. Notwithstanding the provisions of National FTP, interconnection between Telkom's Jartap and Indosat's Jarbersel should be able to facilitate the following interconnection calls: a. End to end calls between Indosat's Jarbersel and Telkom's Customers; b. End to end calls of Indosat's Jarbersel on transit at Telkom's Jartap; c. International calls from/to Indosat's Jarbersel through Telkom's International Gateway; d. Direct dialing; e. Roaming calls; f. SMS calls between Indosat's Jarbersel Customers and Telkom's Jartaplok Customers. 2. Interconnection may also facilitate other types of calls other than interconnection calls insofar as is technically possible and agreed to, business-wise. 3. Details of the types of interconnection calls (call scenarios) are specifically prescribed in Operational Cooperation Agreement (Perjanjian Kerja Sama Operasional or PKSO) or Minutes signed by valid representatives of each Party. 2 4. Interconnection should be able to deliver data of all types of interconnection calls so that either Telkom or Indosat may calculate the interconnection rights and obligations of each Party. Operation and Maintenance of Interconnection Equipments: 1. Physical border of operational liabilities and maintenance over Interconnection equipments of each party is the Point of Interconnection (POI). 2. Each party is obligated, at its utmost effort, to guarantee and improve the quality of interconnection calls by conducting operational and maintenance activities by: a. Provide information and traffic measuring data of the Interconnection Link inter SGJJ between Telkom's SGI and Indosat's Jarbersel MSC. b. Determine technical parameter of the Interconnection Link pursuant to the agreed terms. 3. The Parties agree to jointly conduct operational and maintenance activities in overcoming emergency disturbances and/or force majeure so that Interconnection calls may remain channeled, which will be detailed in the PKSO or Minutes signed by valid representatives of each Party. Modifications to System and Sub-System: 1. If any Party modifies the system and/or sub-system so that the other Party's system and/or subsystem shall also be modified, then the modifying Party shall notify the other Party in writing within at the latest 4 weeks prior to such modification. 2. Detail provisions concerning modifications to system and/or sub-system, including the Party who will bear the cost of any occurring expenses, will be prescribed in the PKSO or the Minutes signed by valid representatives of each Party. 3. Each Party is responsible for the performance and expenses thereof, specifically for any modifications on system and/or sub-system resulting from a Governmental policy. 3 Types of Service: 1. The Parties agree to provide Interconnection service for various types of Jastel including, but not limited to, the following: a. Card Pay Phone (Telepon Umum Kartu or TUK); b. Multi Coin Pay Phone (Telepon Umum Multi Coin or TUMC); c. Credit Card Pay Phone (Telepon Umum Kartu Kredit or TUKK); d. Direct Operator Dialing Call (DOCC); e. Warung Telekomunikasi (Wartel) or Kamar Bicara Umum (KBU); f. Kiosk Phone; g. Birofax; h. Calling Card; i. Information Services via telephone; j. Paging Services; k. Conference Call; l. Calls Forwarding; m. Call Centers; n. SMS (Short Message Service) and MMS (Multimedia Messaging Service); o. IN (Intelligent Network) including Premium Call, Toll Free, Vote Call, etc.; p. SLJJ and SLI Information; q. Emergency calls (police, ambulance, fire department, SAR, etc). 2. If the technical and/or business regulations pursuant to this Agreement is deemed insufficient, then each Party may terminate the above services of its Jartel. 3. If necessary, the Parties will agree on the technical and business regulations concerning the above services in a separate agreement or in a PKSO. Telkom's Rights and Obligations: 1. Telkom reserves the rights to: a. determine the tariff for Telkom's "007" SLI service to be charged to Indosat's Jarbersel Customers; b. receive income payment over Telkom's "007" SLI from Indosat's Jarbersel Customers; 4 c. receive payment for the Interconnection Fee entitled by Telkom; d. receive Block data of Indosat's Numbers and its amendments from time to time. 2. Telkom is obligated to: a. provide the table of Charging Tariff for Telkom's "007" SLI to Indosat to be applied to Indosat's Jarbersel Customers/Users, including its amendment from time to time (if any); b. conduct the retail billing and Interconnection billing processes; c. pay the Interconnection Fee entitled to Indosat; d. deliver to Indosat, the billing data on the use of "007" SLI service by Indosat's Jarbersel Customers as the basis of billing to Customers. Indosat's Rights and Obligations: 1. Indosat reserves the right to: a. receive payment of the Interconnection Fee entitled to Indosat; b. receive billing data on the use of Telkom's "007 SLI service by Indosat's Jarbersel Customers as the basis of billing. c. receive the table of Charging Tariff for Telkom's "007" SLI to be applied to Indosat's Jarbersel Customers. 2. Indosat is obligated to: a. conduct the billing retail and Interconnection billing processes; b. pay the Interconnection Fee entitled to Telkom; c. bill Indosat's Jarbersel Customers who have used Telkom's "007" SLI with the expenses, of the receipt and of the collection, born by Indosat; d. bear the bad debt of Telkom's "007" SLI caused by Indosat's Jarbersel Customers; 5 e. pay the income of Telkom's "007" SLI at Indosat's Jarbersel after deduction by the Interconnection Fee entitled by Indosat; f. deliver to Telkom, Block data of Indosat's numbers and its amendments from time to time. Prohibitions: 1. Each Party, reciprocally, is prohibited from conducting or letting the occurrence of fraud in the form of technical engineering, administrative engineering and/or any other fraud which cause the other Party to, potentially or even actually, suffer any losses, degrading of income, and/or additional expenses which are not supposed to be experienced by the concerned Party. 2. Technical engineering, administrative engineering and/or fraud includes but is not limited to: a. create dummy numbers without any reasons justified by the other Party; b. hide or fails to inform the existence of dummy numbers to the other Party, even if such a dummy number technically cannot be avoided and therefore has to be justified by the other Party; c. change, replace, add and/or subtract information/digit to the signaling system between Jartel without any reasons justified by the other Party; d. add and/or subtract data/information contained in Call Data Record (CDR); e. violate the agreed terms concerning Interconnection Configuration, Point of Interconnection, Gateway, Call Scenario and CDR format; f. channel Interconnection traffic, which origin is unclear or cannot be traced; g. dispatch Interconnection call which makes it beyond the agreed Call Scenario as agreed in this Agreement. Sanctions: 1. If a Party fails to fulfill its obligation when due, as mentioned in points 5 and 6 below, then the Parties agree that for each day of delay, a penalty fee shall be imposed in the amount of average rate of 1 month 6 interest of a government bank of the total outstanding Interconnection Fee. 2. If a Party having the outstanding obligation fails to fulfill the provision set forth in the above point 1, the the Party having the Interconnection right shall gradually block any call originating from the Party having the obligation. Blocking of calls is conducted by reducing Interconnection dimension at several or all PoIs subject to the following: a. Reduction of 25% starting from day 1 month (n+5); b. Reduction of 50% starting from day 1 month (n+6); c. Reduction of 60% starting from day 1 month (n+7). 3. Before the blocking, the Party having the Interconnection right shall give a prior notification letter regarding the block at the latest on the 16th day of month (n+4). 4. If the Party having the outstanding obligations fails to respond by the end of month (n+4), then the dimension reduction shall be performed in accordance with the provisions set forth in point 2 above. 5. If the Party having the outstanding obligations delivers its response of the request to suspend payment yet fails to pay until the end of month (n+5), then the blocking shall be conducted according to the formulation set forth in point 2.b above. 6. Reconnection of call blocking will only be conducted after fulfillment of all obligations and penalties. Period of Agreement: 1. This Agreement is valid for 3 years. 2. If no party wishes to amend or terminate this Agreement, then this Agreement shall be extended for a maximum period of 3 years, which has to be construed in a form of an Amendment to this Agreement. Amendments: 1. Each amendment and or addendum to this Agreement and the Attachments thereof shall be valid and binding to the Parties and are inseparable from this Agreement if construed in writing and executed by the authorized representative of each Party. 2. Should there be any new Government Regulation/Ministrial Decree issued which requires adjustments in this Agreement, the Parties agree to 7 construe such adjustment in a form of an Amendment or Side Letter to this Agreement. Assignment: This Agreement is valid and binding to the Parties and their successors as well as any party who benefits therefrom. However, no party shall sell, assign or transfer this Agreement in part or in whole, to any third party. Settlement of Disputes: The parties agree to amicably settle any dispute arising with relation to this Agreement. If the parties fail to reach such an amicable settlement within 60 days, the dispute shall then be referred to the Indonesian National Arbitration Board (Badan Arbitrase Nasional Indonesia) for settlement. 8 EX-12.1 3 u92785exv12w1.htm EX-12.1 CERTIFICATION PURSUANT TO SECTION 302

Exhibit 12.1

CERTIFICATION

PURSUANT TO SECTION 302

THE SARBANES-OXLEY ACT OF 2002

      I, Arwin Rasyid, certify that:

      1. I have reviewed this Amendment No. 1 to the annual report on Form 20-F/ A of PERUSAHAAN PERSEROAN (PERSERO) P.T. TELEKOMUNIKASI INDONESIA Tbk.;

      2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

      3. Based on my knowledge, the financial statements and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;

      4. The company’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the company and have:

      (a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

      (b) evaluated the effectiveness of the company’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

      (c) disclosed in this report any change in the company’s internal control over financial reporting that occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the company’s internal control over financial reporting; and

      5. The company’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company’s auditors and the audit committee of the company’s board of directors (or persons performing the equivalent functions):

      (a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the company’s ability to record, process, summarize and report financial information; and

      (b) any fraud, whether or not material, that involves management or other employees who have a significant role in the company’s internal control over financial reporting.

      Date: June 29, 2006

/s/ Arwin Rasyid

Name: Arwin Rasyid

Title:   President Director

EX-4.47

                                                                    Exhibit 4.47

                                                               [English Summary]


                    COOPERATION AGREEMENT ON INTERCONNECTION
       BETWEEN JARTAPLOK AND JARTAP-JJ & JARTAPIN DATED 23 SEPTEMBER 2005
               NO. K.TEL127/HK.810/ENT-30/05 -- 242/100-IC0/LGL/05

                                   
The Parties:               1.       Perusahaan Perseroan (Persero) PT. Telekomunikasi Indonesia, Tbk ("Telkom");
                                    and
                           2.       PT Indosat, Tbk ("Indosat").

Scope of
Agreement:                 1.       Interconnection between Jartaplok Telkom with Jartap-JJ Indosat;
                           2.       Interconnection between Jartaplok Indosat with Jartap-JJ Telkom;
                           3.       Interconnection between Jartap-JJ Telkom and Jartap-JJ Indosat;
                           4.       Interconnection between Jartap Telkom with Jartapin Indosat;
                           5.       Interconnection between Jartap Indosat with Jartapin Telkom

Purpose and
Objectives of
Interconnection:           1.       Interconnection between Jartaplok and Jartap-JJ:
                                    a.      To channel Interconnection Calls from a Jartaplok User of either party through the
                                            other party's Jartap-JJ on an end-to-end basis to every Jartaplok User of either party
                                            or a third party's user,  subject to the provisions of this Agreement;
                                    b.      so that each Jartaplok User of either party may receive Interconnection calls channeled
                                            through the other party's Jartap-JJ on an end-to-end basis, originating from a Jartaplok
                                            User of either party or any third party's user, subject to the provisions of this
                                            Agreement;

                           2.       Interconnection between Jartap-JJ:
                                    to optimize both parties' Jartap-JJ in channeling SLJJ Interconnection Call.

                           3.       Interconnection between Jartap and Jartapin:
                                    a.      so that each Telkom's Jartaplok User may make and receive international
                                            telecommunication calls through Indosat's Jartapin on an end-to-end basis with each
                                            telecommunication user abroad, subject to the provisions of this Agreement;
                                    b.      so that each Indosat Jartaplok User may make and receive international
                                            telecommunication calls through Telkom's Jartapin on an end-to-end



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                                            basis with each telecommunication user abroad, subject to the provisions of this
                                            Agreement.

SLJJ Calls:                1.       National Prefix "0" as the default digit;
                           2.       Jartaplok Operator is entitled to determine which Jartap-JJ that is to be used to channel such
                                    SLJJ Interconnection call.

SLI Calls:                 1.       Access Codes for Indosat SLI Interconnection Call are "001" and "008";
                           2.       Access Code for Telkom's SLI Interconnection Call is "007".

Provision of
SLJJ Interconnection:      1.       At initial stage will be made available in Jakarta, Surabaya, Medan, Batam, Balikpapan, Denpasar
                                    and other cities;
                           2.       Both parties agree to add more interconnection locations;
                           3.       For each location added, Indosat shall notify Telkom cq. Head of CISC Division at least 1 month
                                    prior to the effective date of interconnection performance at the requested location.

Provision of
SLI Interconnection:       1.       Telkom shall make Interconnection available, including opening the Access Codes SLI "001" and
                                    "008" automatically (normally opened) and continuously at all Telkom's Jartap (both Jartaplok
                                    and Jartap-JJ);

                           2.       Indosat shall make Interconnection available, including opening the Access Code SLI "007"
                                    automatically (normally opened) and continuously at all Indosat's Jartap (both Jartaplok and
                                    Jartap-JJ).

Availability of
Interconnection and
the Opening of VoIP
Access Code:               1.       Telkom shall open Indosat's VoIP Access Code automatically (normally opened) at all Telkom's
                                    Jartap (both Jartaplok and Jartap-JJ);

                           2.       Indosat shall open Telkom's VoIP Access Code automatically (normally opened) at all Indosat's
                                    Jartap (both Jartaplok and Jartap-JJ);

                           3.       The opening of VoIP Access Code, as mentioned above, shall be prescribed in a separate
                                    cooperation agreement along with the opening of Telkom's VoIP Access Code at Indosat's
                                    Jarbersel.



                                       2

                                   
Origination and
Termination of SLJJ:       Unless provided otherwise in this Agreement, the parties agree that the Originating and Terminating of a
                           SLJJ call may be made from each of Indosat's Jartaplok to each of Telkom's Jartaplok, and vice versa.

Origination and
Termination of SLI:        1.       Telkom shall patch each Indosat SLI Interconnection call using SLI Access Codes "001" and/or
                                    "008" from each, originating at Telkom's Jartaplok to Indosat SGI, and channel each incoming
                                    international call patched through Indosat SGI to each terminating at Telkom's Jartaplok;

                           2.       Indosat shall patch each Telkom SLI Interconnection call using SLI Access Code "007" from each,
                                    originating at Indosat's Jartaplok to Telkom SGI, and channel each incoming international call
                                    patched through Telkom SGI to each terminating at Indosat's Jartaplok.

Gateway and
Point of
Interconnection:           1.       Interconnection is operated by directly connecting the Gateway of each Party through the Point
                                    of Interconnection.

                           2.       The geographical position of both Point of Interconnection and Gateway used for the
                                    communication shall be located at each numbering area in which the Interconnection is requested,
                                    while the Gateway used for the signaling shall use STP-pair (Signaling Transfer Point)
                                    configuration and accordingly, is not obligated to be within the same numbering area of the
                                    Gateway used for the communications.

                           3.       The positions of Point of Interconnection for each type of Interconnection are as follows:

                                    a.      Point of Interconnection for the Interconnection between Indosat's Jartap-JJ and
                                            Indosat's Jartaplok, and between Telkom's Jartap-JJ and Indosat's Jartap-JJ shall be
                                            located on Telkom's premises;

                                    b.      Point of Interconnection for the Interconnection between Indosat's Jartapin and
                                            Telkom's Jartap shall be located on Telkom's premises;



                                       3

                                   
                                    c.      Point of Interconnection for the Interconnection between Telkom's Jartapin and
                                            Indosat's Jartapin shall be located on Indosat's premises.

                           4.       Each Party shall determine the DDF (Digital Distribution Frame) at its premise and will be
                                    used as the Point of Interconnection.

                           5.       Each Party shall be responsible in providing the Gateway, Point of Interconnection, DDF, and
                                    the Interconnection Link, complete with its supporting facilities.

                           6.       Technical Configuration for Interconnection resembling the connection between Gateways for SLJJ
                                    and SLI International Calls, and the location of the Point of Interconnection, are set forth in
                                    Attachment I to this Agreement.

Modifications to
System and
Sub-System:                1.       If any Party modifies the system and/or sub-system including, but not limited to, transmission
                                    equipment, central equipment and terminals so that the other Party's system and/or subsystem
                                    shall also be modified, then the modifying Party shall notify the other Party in writing and
                                    shall bear the costs of the modifications within the timeframe agreed by the Parties.

                           2.       Detail provisions concerning modifications to the system and/or sub-system shall be agreed
                                    between the working units of the Parties and set forth in the Operational Cooperation Agreement
                                    (Perjanjian Kerja Sama Operasi or PKSO).

                           3.       The Parties shall conduct, at their own cost, any modifications on the system and/or sub-system
                                    resulting from Government's policy and/or prevailing laws and regulations, pursuant to the
                                    tasks and obligations.

Interconnection Fee
and Data Reference:        1.       Each Interconnection Call shall be charged with the Interconnection Fee, without exceptions.

                           2.       Interconnection Fees for SLJJ Calls shall be paid by the Jartap of the originating Call to all
                                    Jartel Operators involved in channeling Interconnection Calls to the Jartel connected to the
                                    designated number.

                           3.       Interconnection Fees for SLI Calls shall be paid by Jartapin Operators as the owner of SLI
                                    access code



                                       4

                                   
                                    dialed by the user to all Jartel Operators involved in channeling the Interconnection Calls
                                    from the Jartel of the originating Call to the Jartel connected to the designated number.
                                    However, if the collection for a Jastel fee is conducted by Jartel operator of the originating
                                    call, then the payment for SLI Interconnection fee may be directly deducted from the invoiced
                                    SLI Jastel Fee.

                           4.       The Interconnection Fee is calculated based on the data per Interconnection Call (on a call by
                                    call basis).

                           5.       The Parties agree that the tariff for the SLI Interconnection Fee applicable for both Telkom and
                                    Indosat are as follows:

                                    a.      Tariff on Terminating fee for local segment = Rp240/minute;

                                    b.      Tariff for Terminating fee for SLJJ segment (including designated local segment) =
                                            Rp1000/minute.

                                    Designated local segments mentioned above shall include the Jartap operator's local segment of
                                    any third party interconnected with Telkom's or Indosat's Jartap.

                           6.       The Parties agree that the Tariff for the SLI Interconnection Fee applicable for Indosat SLI at
                                    Telkom's Jartap or Telkom SLI at Indosat's Jartap are as follows:

                                    a.      Originating Tariff:
                                            (1)      Access Tariff = Rp850/call;
                                            (2)      Usage Tariff = Rp500/minute;
                                    b.      Terminating Tariff:
                                            (1)      Access Tariff = Rp850/call;
                                            (2)      Usage Tariff = Rp550/minute.

                                    The variant of the Interconnection Fee as mentioned above shall not include the fees for billing
                                    process, collection fee to customers and bad debts of the customers.

                           7.       For the purpose of calculation of the Interconnection fee for the calls that are made on
                                    transit at Jartap-JJ or made on terminating at Jartaplok, the data to be used is the incoming
                                    data from Jartap-JJ Operator who provides Transit service or from Jartaplok Operator of the
                                    designated Call.



                                       5

                                   
                           8.       For the purpose of the calculation of the SLI International Call entitled to Telkom, the data to
                                    be used is the billing data from Telkom. To calculate the SLI Interconnection fee entitled by
                                    Indosat, the data to be used is the billing data from Indosat.

                           9.       The Interconnection call that can be charged (chargeable record) is each call with a minimum
                                    duration of 6 seconds.

                           10.      Settlement for Interconnection shall be conducted on the 10th day of month (n+1), and the
                                    reconciliation shall be conducted on the 15th day of month (n+4), provided that n is the monthly
                                    period of conversations.

                           11.      Limit of toleration for differences of the data of settlement is 1% for each exceeding amount.
                                    Therefore, each invoice which does not exceed such limit of toleration shall use the data set
                                    forth in the above paragraphs 7 and 8, the result of which shall be made in the Minutes of
                                    Settlement.

                           12.      If the dispute on the data of settlement exceeds the limit of toleration as mentioned above, the
                                    Parties agree to use the accumulation of both Indosat's and Telkom's data divided by two for
                                    the purpose of interim calculation which shall be made in Minutes of Interim Settlement.

                                    The Parties shall then compare the data of each Party (compared by volume), which shall be made
                                    in Minutes of Volume Compare.

                           13.      If no agreement, with respect to the data presented by each Party, is agreed to within 6 months
                                    from the date of the Minutes of Interim Settlement, then the data mentioned in paragraphs 7 and
                                    8 above shall be used to for the final financial calculation.

Payment Mechanism
of Interconnection
Fee:                       1.       Income rights of each Party is calculated based on netting procedures of all rights and
                                    obligations, where the Party with greater invoice ("Invoicing Party") is entitled to claim its
                                    rights to the party with lesser invoice ("Invoiced Party").

                           2.       Interconnection Income is paid by the entitled Party pursuant to the amount stated in the
                                    Financial Calculation Note (Nota Perhitungan Keuangan or NPK) issued by the Invoicing Party on
                                    a quarterly basis,



                                       6

                                   
                                    according to the Minutes of Settlement (both Interim or Final and/or Volume Compare) issued
                                    within such NPK period.

                           3.       For the payment mentioned above, the Invoicing Party is obligated to deliver the invoice along
                                    with the complete invoicing documents to the Invoiced Party.

                           4.       Settlement of rights and obligations on payment pursuant to this Agreement may be accumulated
                                    with the settlement of rights and obligations under other agreements prevailing between the
                                    Parties.

                           5.       Interconnection Charges, calculation, billing process, payment mechanism and financial
                                    settlement, including time limit, settlement process, reconciliation process, volume compare
                                    and other provisions as may be relevant are subject to the prevailing mechanism and terms for
                                    other types of Interconnection as agreed to by both Parties in a separate agreement or insofar
                                    as is possible pursuant to the Existing PKSO.

Rights and
Obligations of
Telkom:                    1.       Determine the tariff for SLJJ service provided at Telkom Jartaplok and Telkom's SLI "007"
                                    applied to Indosat's Jartaplok user;

                           2.       Receive payments of income on Telkom's SLI "007" from Indosat's Jartap User which is entitled
                                    to Indosat;

                           3.       Receive payments on Interconnection Fee for Indosat's SLI "001" and SLI "008" Calls which are
                                    entitled to Telkom, and the Interconnection Fee for Transit service at Telkom's Jartap-JJ and
                                    for calls terminating at Telkom's Jartaplok;

                           4.       Receive data for Indosat's SLI "001" and SLI "008" billing service which shall be invoiced to
                                    Telkom's Jartaplok User;

                           5.       Receive payments on Collection Fee and Indosat's SLI "001" and SLI "008" Billing Process Fee
                                    for Telkom's Jartap Customers, unless determined otherwise;

                           6.       Receive data on Indosat's Prepaid Numbers and the amendments thereof from time to time to
                                    ensure the invoiced Interconnections calls;



                                       7

                                   
                           7.       Provide Collection Tariff for Telkom's SLI "007" to Indosat to be applied to Indosat's
                                    Jartaplok Customer/User;

                           8.       Conduct billing retail and Interconnection billing processes;

                           9.       Pay the Interconnection fee for Telkom's SLI "007", and the Transit SLJJ Interconnection Fee at
                                    Jartap-JJ and SLJJ Terminating Fee at Jartaplok which are entitled to Indosat;

                           10.      Collect Telkom's Jartaplok User, which have used Indosat's SLI "001" and SLI "008", unless
                                    otherwise agreed to from time to time;

                           11.      Provide Indosat the billing data (BD12) as the basis of collecting service of Telkom's SLI
                                    "007" to Indosat's with Customers;

                           12.      Bear the bad debt on the invoices for Telkom's SLI "007" which was accrued by Indosat's
                                    Jartaplok User, unless it has been agreed that the bad debt shall be borne by Indosat;

                           13.      Pay the Collection Fee and Telkom's SLI "007" Billing Process Fees, which shall be processed by
                                    Indosat, amounting to Rp82 per record plus 1% of the invoice billable by Indosat, unless
                                    determined or agreed otherwise;

                           14.      Provide Indosat with the data on Telkom's Prepaid Numbers and the amendments thereof from time
                                    to time to ensure the invoiced Interconnections calls.

Rights and
Obligations of
Indosat:                   1.       Determine the tariff for SLJJ service provided at Indosat Jartaplok and Indosat's SLI "001" and
                                    SLI "008" applied to Telkom's Jartap user;

                           2.       Receive payments of income on Indosat's SLI "001" and SLI "008" from Telkom's Jartaplok User
                                    which is entitled to Indosat;

                           3.       Receive payments on Interconnection Fee for Telkom's SLI "007" Call, which are entitled to
                                    Indosat, and the Interconnection Fee for Transit service at Indosat's Jartap-JJ and for call
                                    terminating at Indosat's Jartaplok;



                                       8

                                   
                           4.       Receive data for Telkom's SLI "007" billing service which shall be invoiced to Indosat's
                                    Jartaplok User;

                           5.       Receive payments on Collection Fee and Telkom's SLI "007" Billing Process Fee for Indosat's
                                    Jartaplok Customers, unless determined otherwise;

                           6.       Receive data on Telkom's Prepaid Numbers and the amendments thereof from time to time to ensure
                                    the invoiced Interconnections calls;

                           7.       Provide Collection Tariff for Indosat's SLI "001" and SLI "008" to Telkom to be applied to
                                    Telkom's Jartaplok Customer/User;

                           8.       Conduct billing retail and Interconnection billing processes;

                           9.       Pay the Interconnection fee for Indosat's SLI "001" and SLI "008", and the Transit SLJJ
                                    Interconnection Fee at Jartap-JJ and SLJJ Terminating Fee at Jartaplok which are entitled to
                                    Telkom;

                           10.      Collect from Indosat's Jartaplok User's which have used Telkom's SLI "007", unless otherwise
                                    agreed from time to time;

                           11.      Provide Telkom with the billing data (BD12) as the basis of collecting service of Indosat's SLI
                                    "001" and SLI "008" to Telkom's Customers;

                           12.      Bear the bad debt on the invoices for SLI "001" and SLI "008" which was accrued by Telkom's
                                    Jartaplok User, unless it has been agreed that the bad debt shall be borne by Telkom;

                           13.      Pay the Collection Fee and Indosat's SLI "001" and SLI "008" Billing Process Fees, which shall
                                    be processed by Telkom, amounting to Rp82 per record plus 1% of the invoice billable by
                                    Telkom, unless determined or agreed otherwise;

                           14.      Provide Telkom with the data on Indosat's Prepaid Numbers and the amendments thereof from time
                                    to time to ensure the invoiced Interconnections calls.

Prohibitions:              1.       Each party is prohibited to conduct fraud or let the occurrence of fraud in the form of
                                    technical engineering, administrative engineering and/or any



                                      9

                                   
                                    other fraud which may result in the potential or actual loss, decrease of income and/or
                                    additional expenses to the other party.

                           2.       The aforesaid technical engineering, administrative engineering and/or fraud are including but
                                    not limited to:

                                    a.      Creating dummy numbers without the other party's justification;
                                    b.      Hiding or keeping information on the existence of dummy numbers to the other party, even
                                            though the dummy number cannot be avoided, technically, and therefore should be
                                            justified by the other party;
                                    c.      Changing, amending, adding and/or lessening the information/digit on the signaling
                                            system between the Jartels without any reason that can be justified by the other party;
                                    d.      Adding and/or decreasing the data/information prescribed in CDR;
                                    e.      Violating the agreed provisions on Configuration for Interconnection, Point of
                                            Interconnection, Gateway, Call Scenario and CDR format;
                                    f.      Patching unclear Interconnection traffic or ones that are untraceable;
                                    g.      Opening Access Code and/or patching SLJJ and/or SLI Interconnection call which cause the
                                            occurrence of SLJJ and/or SLI Interconnection call beyond the agreed Call Scenario.

Sanctions on
Violations against
Prohibitions:              1.       Each case of violation against prohibition as mentioned in the above paragraph is imposed by a
                                    penalty in the minimum amount of 50% of the value entitled by the damaged party. Such penalty is
                                    not included in the principal amount payable by the damaged party based on the ideal condition
                                    (condition without violation).

                           2.       Aside from the penalty, such violation may also result in the unilateral termination of this
                                    Agreement, without the requirement to obtain a final and binding decision by a Judge.

                           3.       Any violation as mentioned in the above paragraph may be reported to the authorized party on the
                                    basis of penal provisions as prescribed in article 50 of Law No. 36 of 1999 on
                                    Telecommunication.



                                       10

                                   
Penalty on
Late Payment:              1.       Penalty for late payment is in the average amount of 1 month fixed deposit interest rate of a
                                    government Bank from the total outstanding Interconnection obligation.

                           2.       If the obligated Party decides not to pay its obligations as well as the late penalty, then the
                                    Party entitled to the Interconnection Fee shall block any calls from PKS Interconnection between
                                    Local Jartap and both Jartap-JJ and Jartapin.

                                    Call blocking is executed by reducing the dimension of the Interconnection at all or parts of
                                    the Point of Interconnection with the following conditions:

                                    a.      Reduction of 25% commences on the 1st day of month (n+5);

                                    b.      Reduction of 50% commences on the 1st day of month (n+6);

                                    c.      Reduction of 60% commences on the 1st day of month (n+7).

                           3.       Before the blocking, the Party entitled to the Interconnection Fee shall deliver a prior
                                    notification letter concerning the blocking, at the latest on the 16th of month (n+4).

                           4.       If the obligated Party fails to respond until the end of month (n+4), the dimensional reduction
                                    will be executed as abovementioned.

                           5.       If the obligated Party responded by requesting delay of payment yet fails to pay until the end
                                    of month (n+5), the blocking shall be executed with the dimensional reduction set forth in the
                                    above paragraph 2.b.

                           6.       Reconnection of blocking shall only be conducted after all the obligations and the penalty are
                                    made payable.

                           7.       Aside from the sanctions mention in the above paragraphs, the Party entitled to the
                                    Interconnection Fee may also impose other sanctions, including but not limited to, the reduction
                                    of the quality of service of other Jartel/Jastel, delay in providing rental service for
                                    new/additional Jartel, direct deduction from other payment obligations.



                                       11

                                   
Operational
Cooperation
Agreement
(Perjanjian Kerja
Sama Operasional
or PKSO):                  1.       Upon the enforcement of this Agreement, the parties agree that for the continuity of the
                                    cooperation on interconnection, both parties shall put their best effort to complete the
                                    Interconnection Operational Cooperation Agreement which should be executed by Telkom (Head of
                                    CISC Division) and Indosat (Regulatory SPV) within at the latest 3 months as from the effective
                                    date of this Agreement, i.e. 29 September 2005.

                           2.       Insofar as the above PKSO cannot be completed, the existing PKSO and/or other existing separate
                                    agreements concerning interconnection between Telkom and Indosat may be used as reference and
                                    may be implemented as the PKSO for this Agreement, to the extent such is relevant and
                                    applicable.

Period of
Agreement:                 1.       This Agreement is valid for 3 years as from 23 September 2005, and may be extended and/or
                                    renewed upon agreement of both parties;

                           2.       In the event no amendment or termination is made on this Agreement, then this Agreement will
                                    automatically be extended for another period of 3 years.

Settlement of
Dispute:                   Indonesian National Arbitration Board or Badan Arbitrase Nasional Indonesia (BANI) in accordance with
                           BANI Rules and Law No. 30 of 1999 concerning Arbitration and Alternatives of Dispute Settlements.

Consultation/
Coordination Forum:        Both parties agree to establish a Consultation/Coordination Forum which will convene a meeting on a
                           periodical basis to settle all matters arising with relation to this Agreement.

Existing
Interconnection
Agreements:                1.       Cooperation Agreement on Interconnection between Telkom's Jaringan Tetap and Indosat's Jaringan
                                    Tetap Lokal and the Settlement of Interconnection Financial Rights and Obligations
                                    No. PKS 162/HK810/OPSAR-00/2002 -- 26/DNI/HK720/02 dated 3 September 2002, which has been
                                    amended by the Addendum No. PKS 56/HK.810/JAR-30/2005 -- 056/100-ICO/REL/05 dated



                                       12

                                   
                                    31 March 2005, to the extent on the provisions concerning SLJJ Interconnection;

                           2.       Memorandum of Understanding concerning Penyelenggaraan Jasa Telekomunikasi No.
                                    63/HK.800/UTA-00/97 -- 092/DRU/HK.720/97 dated 21 August 1997; and

                           3.       Cooperation Agreement concerning Network Interconnection, Marketing and International
                                    Telecommunications Services No. 64/HK.810/OPSAR-00/97 -- 1000/NDN/HK.720/97 dated 21 August
                                    1997;

                           are amended and replaced with this Agreement.



                                       13

                    COOPERATION AGREEMENT ON INTERCONNECTION
                   OF TELKOM'S JARTEP AND INDOSAT'S JARBERSEL
                              DATED 1 DECEMBER 2005
              NO. PKS.157/HK.820/ENT-30/2005 -- 156/CO0.CCO/LGL/05

                                   
The Parties:               1.       Perusahaan Perseroan (Persero) PT. Telekomunikasi Indonesia ("Telkom"); and
                           2.       PT Indosat, Tbk ("Indosat").

Scope of
Agreement:                 1.       The Parties agree to operate Interconnection between Telkom's Jartap and Indosat's Jarbersel,
                                    so that:

                                    a.      Each Telkom customer may make or receive Interconnection calls to or from Indosat's
                                            Jarbersel customer.

                                    b.      Each Jastel operated by Telkom with or without any cooperation with other Jastel
                                            Operator Partner ("Other Partner") may make Interconnection calls to, and receive
                                            Interconnection calls from, Indosat's Jarbersel Customers, and vice versa.

                           2.       Telkom's Jartap includes Domestic Jartap (Local Jartap and Jartap-JJ) and Jartapin.

                           3.       Indosat's Jarbersel is the combination/integration of ex-Satelindo's and ex-IM3's Jarbersel.

Point of
Interconnection and
Gateway:                   1.       Point of interconnection between Telkom's Jartap and Indosat's Jarbersel is located at Telkom's
                                    premise or where Telkom's SGJJ is located.

                           2.       Telkom's Jartap to be directly interconnected with Indosat's Jarbersel is Telkom's SGJJ.

                           3.       Indosat's Jarbersel to be directly interconnected to Telkom's SGJJ is the MSC (Mobile Switching
                                    Center) functioned as Indosat's Jarbersel Gateway.

                           4.       Technical Configuration of the Interconnection resembling the connection between Points of
                                    Interconnection, SGJJ and Indosat's Jarbersel SG is attached in Attachment I of this Agreement.



                                       1

                                   
Prefixes and
Access Codes:              1.       Telkom is obligated to keep open the Prefix "0" and Indosat's Jarbersel Prefixes ("0814";
                                    "0815"; "0816"; "0855"; "0856"; "0857"; and "0858"), including the numbers of Indosat's
                                    Jarbersel Customers at all Telkom's Jartaplok.

                           2.       Indosat is obligated to keep open the Prefix "0", Telkom's SLI Access Code "007", Telkom's ITKP
                                    Access Code, including all Jartap's area codes and the numbers of Telkom's Jartaplok Customers
                                    at all Indosat's Jarbersel (normally open), provided that the opening of Telkom's ITKP Access
                                    Code for domestic and international calls at Indosat's Jarbersel is to be stipulated in an
                                    addendum to this Agreement or in a separate agreement.

Interconnection
Capacity:                  1.       Notwithstanding the provisions of National FTP, interconnection between Telkom's Jartap and
                                    Indosat's Jarbersel should be able to facilitate the following interconnection calls:

                                    a.      End to end calls between Indosat's Jarbersel and Telkom's Customers;

                                    b.      End to end calls of Indosat's Jarbersel on transit at Telkom's Jartap;

                                    c.      International calls from/to Indosat's Jarbersel through Telkom's International Gateway;

                                    d.      Direct dialing;

                                    e.      Roaming calls;

                                    f.      SMS calls between Indosat's Jarbersel Customers and Telkom's Jartaplok Customers.

                           2.       Interconnection may also facilitate other types of calls other than interconnection calls
                                    insofar as is technically possible and agreed to, business-wise.

                           3.       Details of the types of interconnection calls (call scenarios) are specifically prescribed in
                                    Operational Cooperation Agreement (Perjanjian Kerja Sama Operasional or PKSO) or Minutes signed
                                    by valid representatives of each Party.



                                       2

                                   
                           4.       Interconnection should be able to deliver data of all types of interconnection calls so that
                                    either Telkom or Indosat may calculate the interconnection rights and obligations of each
                                    Party.

Operation and
Maintenance of
Interconnection
Equipments:                1.       Physical border of operational liabilities and maintenance over Interconnection equipments of
                                    each party is the Point of Interconnection (POI).

                           2.       Each party is obligated, at its utmost effort, to guarantee and improve the quality of
                                    interconnection calls by conducting operational and maintenance activities by:

                                    a.      Provide information and traffic measuring data of the Interconnection Link inter SGJJ
                                            between Telkom's SGI and Indosat's Jarbersel MSC.

                                    b.      Determine technical parameter of the Interconnection Link pursuant to the agreed terms.

                           3.       The Parties agree to jointly conduct operational and maintenance activities in overcoming
                                    emergency disturbances and/or force majeure so that Interconnection calls may remain channeled,
                                    which will be detailed in the PKSO or Minutes signed by valid representatives of each Party.

Modifications to
System and
Sub-System:                1.       If any Party modifies the system and/or sub-system so that the other Party's system and/or
                                    subsystem shall also be modified, then the modifying Party shall notify the other Party in
                                    writing within at the latest 4 weeks prior to such modification.

                           2.       Detail provisions concerning modifications to system and/or sub-system, including the Party who
                                    will bear the cost of any occurring expenses, will be prescribed in the PKSO or the Minutes
                                    signed by valid representatives of each Party.

                           3.       Each Party is responsible for the performance and expenses thereof, specifically for any
                                    modifications on system and/or sub-system resulting from a Governmental policy.



                                       3

                                   
Types of
Service:                   1.       The Parties agree to provide Interconnection service for various types of Jastel including, but
                                    not limited to, the following:

                                    a.       Card Pay Phone (Telepon Umum Kartu or TUK);
                                    b.       Multi Coin Pay Phone (Telepon Umum Multi Coin or TUMC);
                                    c.       Credit Card Pay Phone (Telepon Umum Kartu Kredit or TUKK);
                                    d.       Direct Operator Dialing Call (DOCC);
                                    e.       Warung Telekomunikasi (Wartel) or Kamar Bicara Umum (KBU);
                                    f.       Kiosk Phone;
                                    g.       Birofax;
                                    h.       Calling Card;
                                    i.       Information Services via telephone;
                                    j.       Paging Services;
                                    k.       Conference Call;
                                    l.       Calls Forwarding;
                                    m.       Call Centers;
                                    n.       SMS (Short Message Service) and MMS (Multimedia Messaging Service);
                                    o.       IN (Intelligent Network) including Premium Call, Toll Free, Vote Call, etc.;
                                    p.       SLJJ and SLI Information;
                                    q.       Emergency calls (police, ambulance, fire department, SAR, etc).

                           2.       If the technical and/or business regulations pursuant to this Agreement is deemed insufficient,
                                    then each Party may terminate the above services of its Jartel.

                           3.       If necessary, the Parties will agree on the technical and business regulations concerning the
                                    above services in a separate agreement or in a PKSO.

Telkom's Rights
and Obligations:           1.       Telkom reserves the rights to:

                                    a.      determine the tariff for Telkom's "007" SLI service to be charged to Indosat's
                                            Jarbersel Customers;

                                    b.      receive income payment over Telkom's "007" SLI from Indosat's Jarbersel Customers;



                                       4

                                   
                                    c.      receive payment for the Interconnection Fee entitled by Telkom;

                                    d.      receive Block data of Indosat's Numbers and its amendments from time to time.

                           2.       Telkom is obligated to:

                                    a.      provide the table of Charging Tariff for Telkom's "007" SLI to Indosat to be applied to
                                            Indosat's Jarbersel Customers/Users, including its amendment from time to time (if any);

                                    b.      conduct the retail billing and Interconnection billing processes;

                                    c.      pay the Interconnection Fee entitled to Indosat;

                                    d.      deliver to Indosat, the billing data on the use of "007" SLI service by Indosat's
                                            Jarbersel Customers as the basis of billing to Customers.

Indosat's Rights
and Obligations:           1.       Indosat reserves the right to:

                                    a.      receive payment of the Interconnection Fee entitled to Indosat;

                                    b.      receive billing data on the use of Telkom's "007 SLI service by Indosat's Jarbersel
                                            Customers as the basis of billing.

                                    c.      receive the table of Charging Tariff for Telkom's "007" SLI to be applied to Indosat's
                                            Jarbersel Customers.

                           2.       Indosat is obligated to:

                                    a.      conduct the billing retail and Interconnection billing processes;

                                    b.      pay the Interconnection Fee entitled to Telkom;

                                    c.      bill Indosat's Jarbersel Customers who have used Telkom's "007" SLI with the expenses,
                                            of the receipt and of the collection, born by Indosat;

                                    d.      bear the bad debt of Telkom's "007" SLI caused by Indosat's Jarbersel Customers;



                                       5

                                   
                                    e.      pay the income of Telkom's "007" SLI at Indosat's Jarbersel after deduction by the
                                            Interconnection Fee entitled by Indosat;
                                    f.      deliver to Telkom, Block data of Indosat's numbers and its amendments from time to time.

Prohibitions:              1.       Each Party, reciprocally, is prohibited from conducting or letting the occurrence of fraud in
                                    the form of technical engineering, administrative engineering and/or any other fraud which
                                    cause the other Party to, potentially or even actually, suffer any losses, degrading of income,
                                    and/or additional expenses which are not supposed to be experienced by the concerned Party.

                           2.       Technical engineering, administrative engineering and/or fraud includes but is not limited to:

                                    a.      create dummy numbers without any reasons justified by the other Party;

                                    b.      hide or fails to inform the existence of dummy numbers to the other Party, even if such
                                            a dummy number technically cannot be avoided and therefore has to be justified by the
                                            other Party;

                                    c.      change, replace, add and/or subtract information/digit to the signaling system between
                                            Jartel without any reasons justified by the other Party;

                                    d.      add and/or subtract data/information contained in Call Data Record (CDR);

                                    e.      violate the agreed terms concerning Interconnection Configuration, Point of
                                            Interconnection, Gateway, Call Scenario and CDR format;

                                    f.      channel Interconnection traffic, which origin is unclear or cannot be traced;

                                    g.      dispatch Interconnection call which makes it beyond the agreed Call Scenario as agreed
                                            in this Agreement.

Sanctions:                 1.       If a Party fails to fulfill its obligation when due, as mentioned in points 5 and 6 below, then
                                    the Parties agree that for each day of delay, a penalty fee shall be imposed in the amount of
                                    average rate of 1 month



                                       6

                                   
                                    interest of a government bank of the total outstanding Interconnection Fee.

                           2.       If a Party having the outstanding obligation fails to fulfill the provision set forth in the
                                    above point 1, the the Party having the Interconnection right shall gradually block any call
                                    originating from the Party having the obligation. Blocking of calls is conducted by reducing
                                    Interconnection dimension at several or all PoIs subject to the following:

                                    a.      Reduction of 25% starting from day 1 month (n+5);
                                    b.      Reduction of 50% starting from day 1 month (n+6);
                                    c.      Reduction of 60% starting from day 1 month (n+7).

                           3.       Before the blocking, the Party having the Interconnection right shall give a prior notification
                                    letter regarding the block at the latest on the 16th day of month (n+4).

                           4.       If the Party having the outstanding obligations fails to respond by the end of month (n+4),
                                    then the dimension reduction shall be performed in accordance with the provisions set forth in
                                    point 2 above.

                           5.       If the Party having the outstanding obligations delivers its response of the request to suspend
                                    payment yet fails to pay until the end of month (n+5), then the blocking shall be conducted
                                    according to the formulation set forth in point 2.b above.

                           6.       Reconnection of call blocking will only be conducted after fulfillment of all obligations
                                    and penalties.

Period of Agreement:       1.       This Agreement is valid for 3 years.

                           2.       If no party wishes to amend or terminate this Agreement, then this Agreement shall be extended
                                    for a maximum period of 3 years, which has to be construed in a form of an Amendment to this
                                    Agreement.

Amendments:                1.       Each amendment and or addendum to this Agreement and the Attachments thereof shall be valid and
                                    binding to the Parties and are inseparable from this Agreement if construed in writing and
                                    executed by the authorized representative of each Party.

                           2.       Should there be any new Government Regulation/Ministrial Decree issued which requires
                                    adjustments in this Agreement, the Parties agree to



                                       7

                                   
                                    construe such adjustment in a form of an Amendment or Side Letter to this Agreement.

Assignment:                This Agreement is valid and binding to the Parties and their successors as well as any party who
                           benefits therefrom. However, no party shall sell, assign or transfer this Agreement in part or in
                           whole, to any third party.

Settlement of
Disputes:                  The parties agree to amicably settle any dispute arising with relation to this Agreement. If the parties
                           fail to reach such an amicable settlement within 60 days, the dispute shall then be referred to the
                           Indonesian National Arbitration Board (Badan Arbitrase Nasional Indonesia) for settlement.



                                       8

EX-12.1

Ex-12.1 Certification Pursuant to Section 302

EX-12.2

Exhibit 12.2

CERTIFICATION

PURSUANT TO SECTION 302

THE SARBANES-OXLEY ACT OF 2002

      I, Rinaldi Firmansyah, certify that:

      1. I have reviewed this Amendment No. 1 to the annual report on Form 20-F/ A of PERUSAHAAN PERSEROAN (PERSERO) P.T. TELEKOMUNIKASI INDONESIA Tbk.;

      2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

      3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;

      4. The company’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e) for the company and have:

      (a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

      (b) evaluated the effectiveness of the company’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

      (c) disclosed in this report any change in the company’s internal control over financial reporting that occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the company’s internal control over financial reporting; and

      5. The company’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company’s auditors and the audit committee of the company’s board of directors (or persons performing the equivalent functions):

      (a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the company’s ability to record, process, summarize and report financial information; and

      (b) any fraud, whether or not material, that involves management or other employees who have a significant role in the company’s internal control over financial reporting.

      Date: June 29, 2006

/s/ Rinaldi Firmansyah

Name: Rinaldi Firmansyah

Title:   Director of Finance and Chief Financial Officer

EX-13.1

Exhibit 13.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

      In connection with the Annual Report on Form 20-F of Perusahaan Perseroan (Persero) P.T. Telekomunikasi Indonesia Tbk. (the “Company”) for the yearly period ended December 31, 2005 as amended by this Amendment No. 1 to such annual report on Form 20-F/ A (the “Report”), I, Arwin Rasyid, President Director of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

      (1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

      (2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Arwin Rasyid

Name: Arwin Rasyid

Title:   President Director

Date: June 29, 2006

EX-13.2

Exhibit 13.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

      In connection with the Annual Report on Form 20-F of Perusahaan Perseroan (Persero) P.T. Telekomunikasi Indonesia Tbk. (the “Company”) for the yearly period ended December 31, 2005 as amended by this Amendment No. 1 to such annual report on Form 20-F/ A (the “Report”), I, Rinaldi Firmansyah, Director of Finance of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

      (1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

      (2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Rinaldi Firmansyah
Name:	Rinaldi Firmansyah

Title: Director of Finance and
Chief Financial Officer

Date: June 29, 2006