Mutual funds effective as of December 20, 1996

Name Investment management Net Asset Value

(in Rp billion) ------------------------------------------------------------------------------------- BDNI Reksadana PT BDNI Securities 343.42 Reksa Dana MMF PT BDNI Securities 30.24 Danareksa Anggrek PT Danareksa Fund Management 104.31 Danareksa Mawar PT Danarekas Fund Management 101.02 Danareksa Melati PT Danareksa Fund Management 366.66 Bahana Dana Abadi PT Bahana TCW Investment Management 55.68 Bahana Dana Prima PT Bahana TCW Investement Management 22.25 Bira Dana Kas PT Bira Asset Manajemen 18.85 BNI Reksadana Berkembang PT BNI Securities 27.63 BNI Reksadana Berbunga PT BNI Securities 480.88 Danamon GT Prima PT Danamon GT Management 52.44 Danamon GT Kencana PT Danamon GT Management 55.44 Asia Tetap Terbuka PT Asia kapitalinod Securities 28.43 Billis Superpundi Plus PT BII Land Lease Investment Services 350.75 Billis Super Saham PT BII Land Lease Investment Services 146.77 Bira Dana Saham PT Bira Aset Manajemen 5.07 Bira Dana Obligasi PT Bira Aset Manajemen 60.35 Bira Dana Fleksi PT Bira Aset Manajemen 5.08 ABN-Amro Indonesia Dana Saham PT ABN-Amro Manajemen Inv. 5.00 ABN-Amro Indonesia Dana Obligasi PT ABN-Amro Manajemen Inv 8.00 ABN-Amro Indonesia Dana Rupiah PT ABN-Amro Manajemen Inv 6.00 ABN-Amro Indonesia Dana Dolar AS PT ABN-Amro Manajemen Inv 6.00 ------------------------------------------------------------------------------------ Total: Rp 2,280.36

Source: Capital Market Supervisory Agency (Bapepam).