Supervisory Body

The Indonesian Capital Market and Financial Institutions Supervisory Agency (Badan Pengawas Pasar Modal dan Lembaga Keuangan – Bapepam-LK)

Name of Clearing & Settlement Organization

The Indonesian Clearing and Guarantee Corporation (PT Kliring Penjaminan Efek Indonesia – KPEI)

Settlement Cycle

a.     Stock, Company Warrants, ETFs

- Regular market            : T+3

- Cash Market                : T+0

- Negotiation market      : Based on agreement/negotiation, trade for trade

b.    Rights

- Cash Market                : T+0

- Negotiation market      : Based on agreement, trade for trade

c.     Fixed Incomes

- Regular market            : T+2

- Negotiation market      : T+1 to T+7

d.    Derivatives                   : T + 1  

Name of Central Securities Depository

The Indonesian Central Securities Depository (PT Kustodian Sebtral Efek Indonesia – KSEI)

Commissions on Transactions levied by Exchange

EQUITY

When conducting stock transactions on the IDX, exchange members are required to pay a transaction fee equal to:

1.     0.03% of the transaction value for every transaction in the regular and cash markets.

2.     0.03% of the transaction value or depend on the Exchange’s discretion in the negotiation market.

3.     The minimum transaction fee as stated above is IDR 2,000,000/month.

The exchange members have to deposit 0.01% of the transaction value guaranteed by KPEI as a Guarantee Fund. The Guarantee Fund is managed and administered by KPEI.

The transaction fees above do not include the 10% value-added tax and the 0.1% transaction tax levied on the cumulative value of the sales of the shares.

FIXED INCOME

a.     Regular market :

b.    Negotiation market :

Derivative

Taxes on Dividends, Interests

•          Dividend Tax (Income Tax no.36 Year 2008):

1.     Resident Individual Tax payers: maximum 10% of the final amount.

2.    Government bodies, resident taxable entities, organizers of activities, Permanent Establishments, or other representative offices of foreign companies: 15% of the gross amount.

•          Tax on Bond Interest:.(Government Law No.16 Year 2009) :

1.     Resident tax payers and Permanent Establishments: 15% (fifteen percent).

2.     Non-resident tax payers: 20% (twenty percent) or the suitable tariff in accordance to the Agreement of Double Tax Avoidance.

•         Tax on Deposit Interest : 20% of Final Income Tax

2011 Share ownership thresholds (%)

In accordance to the Decree of the Chairman of Bapepam-LK No. Kep-82/PM/1996 on Information Disclosure of Shareholders, the Directors, Commissioners and shareholders of a Listed Company who own 5% or more of the company's shares are obliged to report their share ownerships and any changes on their ownerships to the Bapepam-LK.

Short selling (Yes / No)

Yes

Short selling conditions (if any)

Short selling is permitted in the market only for certain shares. IDX announces the list of shares permitted for margin trading and short selling on the last trading day of every month.