This report is solely for the use of PT. Bank OCBC NISP Tbk. No part of it may be circulated, quoted, or reproduced for distribution outside the organization without prior written approval from

PT. Bank OCBC NISP Tbk. This material was used by PT. Bank OCBC NISP Tbk.during an oral presentation; it is not a complete record of the discussion.

PT Bank OCBC NISP TbkFinancial Performance – First Quarter 2011 (Unaudited)

2

• First Quarter Performance

• Financial Results – Restated including Bank OCBC Indonesia

• Corporate Updates

• Appendix

Agenda

3

Executive Summary

• Reported NPAT reached Rp 146 billion.

• Loans grew 29% YoY to Rp 31 trillion.

• Gross NPL declined by 1.4% YoY to 1.9%.

• CASA increased 31% YoY to Rp 22 trillion and represented 60% of

Total Deposits.

• Capital Adequacy stood at 16.6%.

• Network coverage with more than 400 offices and more than 600

ATM OCBC NISP

4

Network

Branch 408 Offices

Electronic channelATM, EDC & e-Banking

Call centre

• Jabotabek, Banten (173)

• West Java (79)

• Central Java (39)

• East Java (35)

• Bali, Lombok, Sumatera, Kalimantan, Sulawesi, Others (82)

• 616 ATM OCBC NISP and access

more than 35,000 ATM Network in

Indonesia and close to 7,500 ATM

Network in Singapore & Malaysia

• More than 1,000 EDC OCBC

NISP and access to 185,000 EDC

Network

• e-Banking OCBC NISP

• Call OCBC NISP 500-999

• Hotline Treasury 08001 111 898

• Corporate Website -

www.ocbcnisp.com

5

Income Statement Highlights

764%

822%

106%

(45%)

(12%)

11%

1%

(15%)

6%

����QoQ

1000%11(197)1Non Operating Income (Expense)

Rp. billion 1Q10 4Q10 1Q11 ����YoY

Net Interest Income 489 504 535 9%

Non Interest Income 141 148 126*) (11%)

Operating Income 630 652 661 5%

Operating Expenses (385) (376) (419) 9%

Pre Provision Operating Profit 245 276 242 (1%)

Provision Expense (44) (106) (58) 32%

Net Income Before Tax 202 (27) 195 (3%)

Net Profit After Tax 150 (22) 146 (3%)

Note: *) Non interest income declined by 11% compared to 1Q10 due to decreased in gain from sale of marketable securities in 1Q11 by Rp 35 billion

6

Financial Position Highlights

3%

(6%)

0%

(6%)

(15%)

(1%)

(1%)

(5%)

(1%)

(2%)

(15%)

(15%)

����QoQ

(14%)6,8348,0627,983Marketable Securities (net) 2)

20%47,77250,14239,748Total Assets

21%41,79244,31134,513Total Liabilities

14%5,9805,8315,235Equity

Rp. billion 1Q10 4Q10 1Q11 ����YoY

Placement in other Bank (net) 1) 3,409 4,273 3,633 7%

Loans (gross) 23,861 31,541 30,832 29%

Impairment Allowance (639) (622) (615) (4%)

Current Account 6,335 7,543 7,646 21%

Savings 10,656 14,673 14,555 37%

Time Deposit 13,246 17,210 14,709 11%

Total Customer Deposits 3) 30,237 39,426 36,910 22%

Subordinated Bonds 597 1,472 1,472 147%

Note: 1) Including Placement in Bank Indonesia 2) Exclude Securities purchase under resale agreement 3) Including sharia products

7

Key Ratios

(1.0)

5.4

3.2

0.0

(0.1)

3.8

3.5

11.9

1.8

6.2

(2.7)

0.4

����QoQ

(1.4)1.92.03.3NPL – Gross

3.960.156.356.2CASA / Deposit

(3.3)20.022.722.4Non Interest Income / Operating Income

% 1Q10 4Q10 1Q11 ����YoY

Net Interest Margin 5.3 4.7 5.1 (0.2)

Cost / Income 61.0 57.7 63.9 2.9

ROA 2.0 (0.2) 1.6 (0.4)

ROE 12.0 (1.6) 10.3 (1.7)

Loan / Deposit 78.9 80.0 83.5 4.6

NPL – Net 1.8 0.9 0.9 (0.9)

Loan Loss Provision (LLP) / NPL 81.5 99.3 102.5 21.0

NOP 5.5 1.3 6.7 1.2

CAR 19.6 17.6 16.6 (3.0)

8

535504515

486489

1Q10 2Q10 3Q10 4Q10 1Q11

NIM increased to 5.1% in the first quarter as compared to previous quarter

Net Interest Income% annualized

Trade Finance2011: 14%

2010: 11%

Deposit Administration

2011: 16%

2010: 14%

Bancassurance2011: 12%

2010: 11%

Foreign Exchange Gain

2011: 29%

2010: 17%

Others *)

2011: 25%

2010: 21%

Gain from Sale of Marketable securities2011: -6%

2010: 20%

Non-Interest Income 2011: Rp. 126 billion

2010: Rp 141 billion

Non-Interest Income by TypeAs of March 31

Credit related2011: 10%

2010: 7%

*) Including Wealth Mgt, Remittance, e-channel and Other fee

5.1

4.7

5.15.1

5.3

Net Interest Margin

����

9

6 6 5

6 0 96 3 0

6 5 2 6 6 1

4 193 7 6

4 3 14 0 3

3 8 5

1Q10 2Q10 3Q10 4Q10 1Q11

Operat ing Income

6 0 % 5 4 % 5 9 % 6 0 % 5 8 %

4 0 %4 1%

4 2 %

4 6 %

4 0 %

Employee expense General adm & Other expense

63.9%

57.7%

64.8%66.1%

61.0%

Cost to Income Ratio increased to 63.9% in the first quarter due to increase in operating expense

Cost to Income Ratio▼

Operating Expense and Operating IncomeRp. billion

10

Total loans increased by 29% YoY to Rp. 31 trillion on the back of well diversified loans growth

40%41%41%43%

41%

34%34%

33%31%

31%

26%25%26%

26%

28%

1Q10 2Q10 3Q10 4Q10 1Q11

Working Capital Investment Consumer

Loans CompositionRp. billion

26,83628,387

23,861

30,83231,541

Note: Consumer loans includes Employee loan

Agricultural & mining2011: 3%

2010: 2%

Services2011: 20%

2010: 18%

Manufacturing2011: 24%

2010: 23%

Trading 2011: 23%

2010: 22%

Others *)

2011: 26%

2010: 29%

Construction2011: 4%

2010: 6%

Loans by SectorAs of March 31

Outstanding loans2011: Rp. 30,832 billion

2010: Rp 23,861 billion

*) Including Consumer loans

11

Loans by Geography As of March 31

Central Java2011: 3%

2010: 4%

East Java2011: 8%

2010: 7%

Sulawesi & Others2011: 3%

2010: 3%

Jakarta2011: 50%

2010: 49%

Kalimantan2011: 2%

2010: 2%

West Java2011: 23%

2010: 27%

Sumatera2011: 11%

2010: 8%

Rupiah2011: 77%

2010: 80%

Foreign currencies2011: 23%

2010: 20%

Loans by CurrencyAs of March 31

Loans largely being allocated to region which most of economic activities are undertaken

Outstanding loans2011: Rp. 30,832 billion

2010: Rp 23,861 billion

Outstanding loans2011: Rp. 30,832 billion

2010: Rp 23,861 billion

12

96.3%96.0%94.2%

93.8%93.1%

1.8%2.0%

2.9%3.3%

3.6%

1..9%2.0%

2.9%

2.9%

3.3%

1Q10 2Q10 3Q10 4Q10 1Q11

Current Special mention NPL Gross

1.8%1.6%

1.4%

0.9%0.9%

Loan Collectibility% of Outstanding loans

31,541 30,832

23,861

26,83628,387

47.246.4

27.137.637.3

44.2

55.352.9

51.1

44.1

1Q10 2Q10 3Q10 4Q10 1Q11

General Specif ic

81.778.2

99.3102.5

81.5

Loan Loss Provision (LLP) / NPL %

Gross NPL is better than Industry average while Coverage ratio expanded to above 100%

Net NPL����

13

Low cost deposit represent 60% of total third party fund mainly driven by growing in Saving products

21% 21% 18% 19% 21%

35%38% 38%

37% 39%

44%

41% 44%

44%40%

1Q10 2Q10 3Q10 4Q10 1Q11

Current Account Savings Time Deposits

Deposit CompositionRp. billion

33,67935,816

30,237

Deposit by CurrencyAs of March 31

36,910

39,426 Rupiah2011: 74%

2010: 76%

Foreign currencies2011: 26%

2010: 24%

Total deposit2011: Rp. 36,910 billion

2010: Rp. 30,237 billion

14

30,237

33,67935,816

39,426

36,910

30,83231,541

23,861

26,83628,387

1Q10 2Q10 3Q10 4Q10 1Q11

Loans Deposit

83.5%

80.0%79.3%79.7%78.9%

LDR reached 83.5% at the end of the first quarter 2011

LDR Ratio▼

Loans and Third Party FundRp. billion

15

BShort-term Foreign Currency

Fitch Ratings

Feb 2011

BB+ / PositiveLong-term Local Currency

AA (idn)IDR Subordinated Debt

BB+ / PositiveLong-term Foreign Currency

Rating

PEFINDO

Jan 2011

Corporate Rating idAA+ / Stable

Subordinated Bond idAA / Stable

National Long-term AAA (idn) / Stable

Individual / Support Rating

C / D / 3

Share Price and Credit Ratings

Daily share price and trading volumeNISP IJ

Source: Bloomberg

Share price (Rupiah)Daily trading volume (Thousand)

Ownership StructureAs of 31 March 2011

Number of shares

Ownership

OCBC Bank Singapore *) 5,989,781,732 85.1%

Public 1,052,160,933 14.9%

Total 7,041,942,665 100.00%30.8x

2.2x

1,700

Dec 10

25.9x

1.8x

1,430

Mar 11

24.0x

2.7x

2,050

Sep 10

10.4x

1.2x

920

Jun 10Share ValuationNISP IJ

Share Price (Rp.)

PBV

PER

*) OCBC Bank is Singapore’s longest established bank (est. 1912) and one of Asia’s leading financial services groups, with group assets of more than SGD 229 billion

as of 30 December 2010 and employs more than 21,000 staff globally and has a banking network of over 530 branches and offices in 15 countries and territories

-

500

1,000

1,500

2,000

2,500

3,000

3,500

Mar-10 Apr-10 Jun-10 Jul-10 Sep-10 Nov-10 Dec-10 Jan-11 Mar-11

500

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

Share Price

▼

16

Human

Capital

Others

• Team-up Senior executive OCBC Bank Singapore in Board of

Commissioners and Board of Directors OCBC NISP.

• Transfer knowledge throughout comprehensive training program,

business event, comparative studies, job attachment and guest

auditors.

• Build service excellence culture.

• Provide strong capital support.

• Enhance infrastructure, information technology & branch networks.

• Broaden conventional and Islamic banking product suite.

• Bolster process improvement throughout Quality projects.

• Link-up ATM in Singapore and Indonesia.

Supports from Controlling Shareholder

17

• First Quarter Performance

• Financial Results – Restated including Bank OCBC Indonesia

• Corporate Updates

• Appendix

Agenda

18

Business Initiatives

Consumer

Banking

Commercial

Banking

In-organic

growth

Re-launched Multicurrency saving product that offer the ability to

make transaction in 11 currencies in one single account to simplify

banking transaction as well as become an alternative investment for

individual or corporation.

Merger between Bank OCBC NISP and Bank OCBC Indonesia,

effectively on January 1, 2011. Bank OCBC NISP became the

survived bank and continue the operations with Bank OCBC NISP's

name which has been effectively completed since February 7, 2011

• Launched STAY program in January 2011 and Top Up Program in

February 2011

• Launched several new mutual funds product such as NISP Obligasi

Negara Extra, BNP Paribas Spektra, NISP Proteksi Dinamis,

Schroder 90 Plus Equity Fund, etc

19

Corporate Social Responsibility

Education

Social

Activities

• Participating in the opening of Kuark Science Olympic 2011 and support

in educational contests and exhibition Kuark Science Olympics

• Workshop the students of Indonesia of University and Bogor Institute of

Agriculture the “I Love Science” program

• Visit to Bank OCBC NISP by PB Soedirman students "introduction to

banking since the early" program

• Implementation of “I Love Science” program in 13 OCBC NISP offices

• Coordinate employee blood donation quarterly

• Support in community and religious activity in OCBC NISP Tower

neighborhood

Environment

• Go Green Workshop Program, in 3 offices in Jakarta and Bandung

and involve about 220 personnel from the employees and

communities

• Go Green campaign for employee in internal web site to encourage

employee in participating to Go Green spirit

20

• First Quarter Performance

• Financial Results – Restated including Bank OCBC Indonesia

• Corporate Updates

• Appendix

Agenda

21

Vision, Mission & Values

Vision

Mission

To be the Bank of choice with world-class standards,

recognized for its caring and trustworthiness.

Value

Bank OCBC NISP will conduct its business and will operate as

an honorable corporate citizen that grows together with the

society in a sustainable manner.

Solid, Genuine, Supportive, Connected, Forward Looking, Dynamic.

22

• Fourth oldest bank in Indonesia was incorporated in 1941.

• Listed its shares on Indonesia Stock Exchange in 1994.

• Have survived through any Indonesia economic crisis.

• Transform the entire organization subsequent to adopted a new name PT Bank OCBC NISP

Tbk. by the end 2008.

• Become Eight largest private bank in Indonesia by the end 2010.

• Strong business acumen with focus on serving consumer, small and medium enterprises.

• Currently employ 6,087 dedicated staff to serve customers in 88 cities across Indonesia

throughout more than 400 offices and more than 600 ATMs.

• Solid financial performance with strong capital support from OCBC Bank Singapore.

Fact of OCBC NISP

23

Board of Commissioners

Pramukti SurjaudajaChairman� President Director since April 1997 and Director

OCBC NISP (1989-April 1997).

� Commissioner of Bank OCBC-NISP, now Bank OCBC Indonesia (1997-2000).

� Non Executive Director at OCBC Bank-

Singapore since 2004.

Peter Eko Sutioso

Deputy ChairmanIndependent Commissioner� Deputy Chairman of Bank OCBC NISP

since June 1998.

� Served as Commissioner (1997-1998)

� Director (1972-1997)

Kwan Chiew Choi

Independent Commissioner� Latest position in Bank OCBC NISP as

Independent Commissioner

� Independent Commissioner of Bank

OCBC Indonesia since (2008-2010)

Roy Athanas KaraoglanIndependent Commissioner� Commissioner of Bank OCBC NISP

since 2002 and concurrently as

Consultant for the IFC since 2000.

Jusuf HalimIndependent Commissioner� Independent Commissioner of Bank OCBC

NISP since 2006.

� Registered Accountant (D-2796).

� Re-appointed as Member of the Audit

Committee of Bank OCBC NISP since 2007.

David Philbrick ConnerCommissioner� Commissioner of Bank OCBC NISP since

2005.

� Chief Executive Officer of OCBC Bank-

Singapore since 2002.

Lai Teck Poh (Dua Teck Poh)

Commissioner� Commissioner of Bank OCBC NISP since

September 2008.

� Served with OCBC Ltd with the latest

position as Board of Directors since June

2010

Board of Commissioners as of March 31, 2011

24

Board of DirectorsRama Pranata KusumaputraManaging Director� Director of Bank OCBC NISP since 2006. � Joined Bank OCBC NISP since 2001. Previously,

served as Regional Coordinator for Jabodetabekarea and his last position was Assistant Director

(2005).

Parwati SurjaudajaPresiden Director & CEO� President Director of Bank OCBC NISP since

December 2008.

� Previously Deputy President Director (June

1997-2008).

Rudy N. HamdaniManaging Director� Director of Bank OCBC NISP since April 2007.

� Has experience of more than 20 years in various capacities, with last position as Director

of Consumer Banking.

Yogadharma RatnapalasariManaging Director� Director of Bank OCBC NISP since 2003.� Joined Bank OCBC NISP since 1988 with the

latest position as Assistant Director (1997-2002).

Louis (Luianto) SudarmanaManaging Director� Director of Bank OCBC NISP since 2006.

� Established a professional career for over 26 years in various National and International

companies

Hardi JugandaManaging Director� Appointed as a Director of Bank OCBC NISP

since April 1997. � Joined Bank OCBC NISP in 1985 and with the

latest position as Head of Asia Afrika Bandung

Branch (1991-1997).

Na Wu BengDeputy President Director� Deputy President Director of Bank OCBC

NISP since 2005.

� Previously Commissioner (2004-2005).

Alan JenviphakulManaging Director� Managing Director of Bank OCBC NISP since

2009.

� Has experience of more than 16 years in treasury.

Board of Directors as of March 31, 2011

Emilya Tjahjadi*Managing Director� Appointed as a Director of Bank OCBC NISP

since March 2011

� Previously, Director of Bank OCBC Indonesia

Hartati*Managing Director� Appointed as a Director of Bank OCBC NISP since

March 2011

� Previously, Chief Financial Officer of Bank OCBC NISP

*) Subject to BI approval

25

AccoladesAccolades

June 2010 Info bank Magazine

• Best performance overall in Banking Service Excellence Awards 2010 – ranked 3rd.

• Best performance overall in Islamic Banking Service

Excellence Awards 2010 – ranked 2nd.

July 2010 Citibank

CITI Performance excellence award for achieving MT

103 STP Rate of 95 % or higher.

May 2010 BNY Mellon, New York

Outstanding Payment Formatting and

Straight-Through Rate 2009.

August 2010 Wells Fargo

Excellence in Straight Through Processing

2010.

November 2010 IICD GCG Award

Best Disclosure and Transparency.

26

Corporate Development Division

PT. Bank OCBC NISP Tbk

OCBC NISP Tower, 15th Floor

Jl. Prof. Dr. Satrio Kav. 25, Jakarta 12940

Phone : +62 21 255 33 888

Fax : +62 21 579 44 000

Website : www.ocbcnisp.co.id

Email : ir@ocbcnisp.com

27

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