Danamon’s Annual General Meeting of Shareholders

Dividend Payout Ratio 30% of Net Profit for 2014 or IDR 81.50 per Share; Emirsyah Satar Appointed as Independent Commissioner; Changes in the Company's Article of Association in Compliance with OJK Regulations

PT Bank Danamon Indonesia, Tbk. ("Company") held its Annual General Meeting of Shareholders (AGMS) today, which, among others, approved the Bank's dividend payment, changes in the Board of Commissioners composition, changes in the Company's Article of Association in compliance with the Financial Services Authority's (OJK) regulations, annual report and financial statements for the 2014 financial year, and ratification of the Annual Supervisory Report of the Company's Board of Commissioners for the year ended December 31, 2014.

The AGMS approved dividend payment for the 2014 financial year of 30% of the Company's consolidated net profit after tax (NPAT) for 2014 or IDR 781,205,100,000, which is approximately IDR 81.50 per share. Meanwhile, 1% of the profit will be set aside as a general reserve in accordance to Indonesian Limited Company Law. The remaining profit will be recorded as retained earnings adding to the Company's capital.

Sng Seow Wah, President Director, Danamon, said: "In 2014, Danamon has started to implement a number of business transformation initiatives to achieve positive changes that will increase productivity and improve customer service quality. These steps are expected to strengthen Danamon's performance, providing a stronger foundation to support sustainable business growth. In 2015, we remain focused on the mass market sector, particularly the micro enterprises and vehicle financing segments."

In addition to approving dividend payout, the AGMS approved the appointment of Emirsyah Satar as Independent Commissioner, subject to fit and proper test from the Financial Services Authority (OJK). As such, the Board of Commissioners composition effective until the 2017 AGMS is as follows:

Board of Commissioners

1. Ng Kee Choe as President Commissioner
2. Prof. Dr. J.B. Kristiadi Pudjosukanto as Vice President Commissioner (Independent)
3. Gan Chee Yen as Commissioner
4. Manggi Taruna Habir as Commissioner (Independent)
5. Ernest Wong Yuen Weng as Commissioner
6. Made Sukada as Commissioner (Independent)
7. Emirsyah Satar as Commissioner (Independent)*

*Subject to fit and proper test from the Financial Services Authority (OJK)

The AGMS has also appointed Purwantono, Suherman, dan Surja, a member of Ernst & Young Global Limited, a Public Accountant that is registered in the Financial Services Authority (OJK), to audit the Company's financial report for the 2015 financial year, taking into account the recommendation from the Audit Committee.

Furthermore, the AGMS also approved changes in a number of articles of the Company's Article of Association and the restatement of all articles in the Company's Articles of Association in compliance with OJK regulations, which are POJK No. 32/POJK.04/2014 and POJK No. 33/POJK.04/2014.

Profile of Emirsyah Satar
Indonesian citizen. Age 55. He received his degree in Accounting from the University of Indonesia and completed academic programs at the Sorbonne University in Paris.

He began his career in the financial industry as an auditor at Price Waterhouse Cooper. He quickly assumed key positions in several companies, both local and abroad, including Citibank N.A, Jan Darmadi Group, Niaga Finance - Hong Kong, Bank Danamon and Garuda Indonesia.

In early 2003, he was appointed as Deputy CEO of Bank Danamon. Then in 2005, he was appointed by the Indonesian government as the President & CEO of the Garuda Indonesia, making him as one of the youngest Chief Executive Officers of an airline in the Asia Pacific region.

He has recently completed his tenure as the Chairman of INACA (Indonesian National Air Carrier Associations), a member of the Board of Governors of IATA (International Air Transport Association) and the Chairman of the Executive Committee of the AAPA (Association of Asia Pacific Airlines). He is currently the Senior Advisor of INACA, and the Vice General Chairman of Indonesia's Chamber of Commerce (KADIN) on Transportation. He was awarded as the Orient Aviation Person of the Year 2010 by Orient Aviation Magazine, Man of the Year 2012 by Globe Asia Magazine and recently he has been awarded as the Asia Pacific Airline Executive of the Year 2014 by Center for Asia Pacific Airlines/CAPA. On the environmental front, he is the member of the Board of Trustee of The Nature Conservancy (TNC), an organization which strives to balance the needs of a growing population with those of nature.

About Danamon:

PT Bank Danamon Indonesia, Tbk. ('Danamon') was established in 1956 and as of December 31, 2014 operates a network of 2,156, including among others conventional branches, Danamon Simpan Pinjam (DSP) and Syariah units as well as its subsidiaries branches. As of December 31, 2014 Danamon provides its customers with close to 60,000 ATMs, including through its association with ATM Bersama and ALTO, in all 33 provinces in Indonesia. Danamon manages around IDR 195.7 trillion in assets as of December 2014.

Danamon was recently awarded as 1st Winner of the Annual Report Award (ARA) 2013 in the Private Financial Listed category, which was issued by Bank Indonesia, the Financial Services Authority (OJK), the Indonesian Stock Exchange (IDX), the Tax Directorate General, the Ministry of State Owned Enterprises, the National Committee for Governance Policy, and the Indonesian Accountant Association. Danamon was also awarded as 'Best Overall' in Corporate Governance during the 6th Corporate Governance Award, which was held by The Indonesian Institute for Corporate Directorship (IICD). Danamon was also awarded 1st runner up in the Financial Services category for Best Sustainability Reporting 2013 during the Sustainability Reporting Award 2014 held by The National Center for Sustainability Reporting (NCSR). Internationally, Danamon was included in the 2014 Forbes Global 2000, which is a list of the world's largest public companies as compiled by Forbes Magazine.

Danamon is also the sole license holder of Manchester United cards in Indonesia, allowing the Bank to issue Manchester United ATM/Debit cards and credit cards.

PT Adira Dinamika Multi Finance, Tbk. (Adira Finance), the automotive financing subsidiary of Danamon, operates an extensive branch network in more than 260 cities in Indonesia. Danamon is also the majority owner of PT Asuransi Adira Dinamika (Adira Insurance), a general insurance company and PT Adira Quantum Multifinance (Adira Kredit), a durable goods financing company.

As of December 31, 2014, Danamon was 67.37% owned by Asia Financial (Indonesia) Pte. Ltd., 6.79% by JPMCB-Franklin Templeton Investment Funds and 25.84% by the Public.

For further information regarding Danamon, please visit Danamon's corporate website at: www.danamon.co.id.