Danamon's Annual General Meeting of Shareholders

Payout Ratio Approximately 30% of Net Profit for 2011; Dividend of Approximately Rp 104.43 per Share

Jakarta, March 28, 2012 (ANTARA) - PT Bank Danamon Indonesia Tbk. (Danamon) held its Annual General Meeting of Shareholders (AGMS) today, which, among others, approved the bankâ€™s annual report and financial statements for the 2011 financial year, in which the bank recorded Rp 3.336 trillion in consolidated net profit after tax (NPAT). The NPAT was supported by strong lending growth in the mass market, small and medium enterprises (SME) segments as well as a rise in fee income.

The AGMS also approved dividend payment for the 2011 financial year of Rp 1,000,879,800,000 or approximately Rp 104.43 per share, or around 30% of the bankâ€™s consolidated net profit after tax (NPAT) for 2011. Meanwhile, 1% of the profit or Rp 33,362,660,000 will be set aside as a general reserve in accordance to Indonesian Limited Company Law. The remaining profit will be recorded as retained earning.

In September 2011, Danamon conducted an Rp 5 trillion rights issue. The rights issue, which recorded a 113% subscription rate, raised the bankâ€™s consolidated capital adequacy ratio (CAR) from 16% in a year earlier to 17.5% by the end of 2011, which is well beyond the regulatory requirement of 8%.
In todayâ€™s AGMS, Danamon reported the realization of the rights issue proceed, which was allocated for automotive financing and credit facilities for small and medium business sector as well as the micro business sector.

The AGMS has also released authorization to the Board of Commissioners to engage the Public Accountant for financial year 2012, taking into account the recommendation from the Audit Committee.

About Danamon:

PT Bank Danamon Indonesia Tbk. was established in 1956 and as of December 31, 2011 operates over 3,000 branches and points of sales, including its Danamon Simpan Pinjam (DSP) and Syariah units as well as its subsidiaries branches. As of September 30, 2011 Danamon provides its customers with access to over 30,000 ATMs, including through its association with ATM Bersama and ALTO, in all 33 provinces in Indonesia.

Danamon was recently awarded as Indonesian Bank Loyalty Champion 2012 from Infobank and Markplus Insight in the conventional bank with more than Rp 75 trillion in assets category. Danamon also received Indonesia Brand Champion 2012 and Indonesia Service to Care Champion 2012 awards from Marketers and Markplus Insight in the conventional bank with more than Rp75 trillion in assets category. Last year, Danamon placed third in the 2011 Annual Report Award (ARA) for the listed financial institution category.

From international institutions, Danamon received â€œGold Award 2011â€ under category of Best Core Banking System Initiative, in the Asian Banking & Finance Banking Retail Awards 2011, hosted by Asian Banking & Finance Magazine (ABF). The judges decided winners based on the nominees' strategy, service or product based on innovation, effectiveness, and flexibility in facing changes and progressive opportunities (dynamism).

Danamon is the sole issuer and acquirer of American Express(R) cards in Indonesia under an independent operator agreement which allows it to issue American Express cards to individual and corporate clients. Danamon is also the only bank which provides services to local merchants who accept American Express Cards and for signing up new merchant partners in Indonesia.

PT Adira Dinamika Multi Finance Tbk (Adira), the automotive financing subsidiary of Danamon, operates an extensive branch network in more than 260 cities in Indonesia.

As of December 31, 2011, Danamon was 67.37% owned by Asia Financial (Indonesia) Pte. Ltd. and 32.63% by the public.

For further information, please contact Zsa Zsa Yusharyahya, Head of Public Affairs,Telephone (+6221) 57991001-03 ext. 8301/8388/8323 Mobile: (+62) 81 1109369. Fax. (+6221) 57991161, public.affairs@danamon.co.id