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This document is executed in Indonesian Language

No. ~~017~~024/E00-~~E0E~~E0O/FIN/14

~~January~~February 225, 2014

To:

Head of the Capital Market Supervisory

Indonesian Financial Services Authority (Otoritas Jasa Keuangan or OJK)

Gedung Sumitro Djojohadikusumo

Jl. Lapangan Banteng Timur No. 2-4

Jakarta 10710

Re : Update from Standard and Poor’s Rating ~~Information~~Services

Dear Sir/Madam,

Please kindly be informed ofthat ~~the updated ratings from~~ Standard and Poor’s, ~~i.e.~~Ratings ~~“BB+/Stable/NR”~~Services ~~for~~rendered ~~long-term~~that ~~corporate~~their ~~credit~~ rating ~~(previously~~and ~~“BB+/Watch~~outlook ~~Pos/NR”),~~on ~~“axBBB+/--”~~PT ~~for~~Indosat ~~long-term~~Tbk ~~ASEAN regional scale~~ (~~previously “axBBB~~BB+/~~Watch Pos~~Stable/--”;axBBB+/--), ~~and~~are ~~“BB+”~~not ~~for~~affected ~~Indosat~~by ~~Palapa~~the ~~Company~~downgrade Bof Ooredoo Q.VS.C. ~~guaranteed senior unsecured notes~~ (~~previously “BB+~~A-/~~Watch Pos”~~Stable/A-1) (for complete reference, please open http://www.indosat.com/Investor_Relation ).

Thank you for your kind attention.

Sincerely,

Group Head

Investor Relations & Corporate Secretary

Bayu Hanantasena

Cc :

Indonesian Capital Market Electronic Library (CaMEL)

Board of Directors of Indonesia Stock Exchange

PT Bank Rakyat Indonesia (Persero) Tbk, as Trustee

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