Exhibit 4.29
SIDE LETTER
TO
THE PARTNERSHIP AGREEMENT
K.TEL.237/HK.810/UTA-00/01 DATED 30 NOVEMBER 2001
FOR
THE CONSTRUCTION AND PROVISION
OF HIGH PERFORMANCE BACKBONE - SUMATERA
NO.K.TEL.116/HK.830/UTA-00/2003
DATED JUNE 12, 2003
SIDE LETTER
TO
THE PARTNERSHIP AGREEMENT
K.TEL.237/HK.810/UTA-00/01 DATED 30 NOVEMBER 2001
FOR
THE CONSTRUCTION AND PROVISION
OF HIGH PERFORMANCE BACKBONE-SUMATERA
NO. X.XXX. 116 /HK.830/UTA-00/2003
This Side Letter is made the day of Twelve month June year 2003, by and
between:
I. PT. TELEKOMUNIKASI INDONESIA, TBK, a company telecommunications services
and network provider, established and organized under the laws of the
Republic of Indonesia, having its registered office at JI.Japati No.1
Bandung, Indonesia, in this purpose represented by KRISTIONO, Title
President Director, hereinafter in this Side Letter shall be referred to as
TELKOM,
AND
II. PIRELLI - SIEMENS CONSORTIUM, consists of PT. PIRELLI CABLES INDONESIA and
PT. SIEMENS INDONESIA, a consortium already established and now legalized
by Xx. XXXXXX XXXXXXX, SH, Msl, Notary in Jakarta on 30, November 2001
under Legalization Number 457/L/2001, in this purpose represented by
XXXXXXX XXXX, Chief Executive Officer PT. PIRELLI CABLES INDONESIA, having
its office at Gedung BRI, Suite 1502, JI.Jendral Sudirman Kav.44-48,
Jakarta and represented-by XXXX XXXXXXXXXXX, Director PT. SIEMENS INDONESIA
and XXXXXXX XXXXXX, Deputy Director PT. SIEMENS, having its office at
Siemens Business Park Building B, JI.MT.Haryono Kav. 58-60 Jakarta 12780,
companies established under the laws of Republic of Indonesia,
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hereinafter in this Side Letter shall be referred to as PARTNER.
WITNESSSETH
a. WHEREAS, TELKOM and PARTNER have signed the Partnership Agreement
NO.K.TEL.237/HK.810/UTA-00/01 dated November 30,2001 (Main Agreement) and
its Amendment No.K.TEL.90/HK.820/UTA-00/2003 dated April 16, 2003
hereinafter collectively referred to as Agreement;
b. WHEREAS, TELKOM and PARTNER have held meeting to discuss regarding the
splitting value for sub-system and sources of fund of High Performance
Backbone Sumatera project dated April 10, 2003 and May 1, 2003;
c. WHEREAS, TELKOM and PARTNER have held meeting to discuss regarding the
method of invoicing for partial acceptance test for Sub-system-6 of High
Performance Backbone Sumatera project dated May 21,2003.
NOW THEREFORE, TELKOM AND PARTNER agreed to amend the Main Agreement as
specified in the following terms and conditions:
ARTICLE 1
CONTRACT PRICE
TELKOM and PARTNER agreed that the additional of Contract Price due to the
additional scope of works as stated in the Article 2 para (2) item b. of
Amendment No.1 of US$2,830,086.19 and Rp.1.699.138.114,- is lump sum with the
meaning no change either plus or minus in the performed of works based on the
Amendment No.1
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ARTICLE 2
INVOICING OF PROJECT
2.1. TELKOM and PARTNER agreed that the invoicing of project based on the source
of fund will be made with the following conditions:
a. For the bill of quantity and unit price of the scope of works which has
performed based on the Original Agreement shall be applied as stated in
the Agreement.
b. The additional scope of works which performed based on the Amendment
No.1 shall be applied as described, in Article 1 of this Side Letter.
2.2. The detail of bill of quantity and the unit price above as stated in
Appendix-1 of this Side Letter.
ARTICLES 3
APPENDICES
3.1. The following Appendixes and documents, including their references/
attachments mentioned therein, are attached and shall constitute integral
part of this Side Letter.
Appendix-1 : The Details of BoQ
Appendix-2 : The Minutes of meeting
Dated: April 10, 2003, May 1, 2003 and May 21, 2003
ARTICLE 4
MISCELLANEOUS.
4.1. This Side Letter is made as integral part of the Agreement.
4.2. All stipulations and provisions stated in the Agreement shall remain valid
unless modified by this Side Letter.
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4.3. This Side Letter is made in 2 (two) languages, Indonesia and English, and 3
(three) originals both approved and signed by duly authorized
representatives of the parties hereto.
IN WITNESS WHEREOF THE PARTIES hereto agree to sign this Side Letter on the day
and year written above.
Signed by:
For and on behalf of:
PT. TELEKOMUNIKASI INDONESIA, TBK PIRELLI-SIEMENS CONSORTIUM
[STAMPED]
/s/ Xxxxxxxxx /s/ Xxxxxxx Xxxx
------------- ----------------
XXXXXXXXX XXXXXXX XXXX
President Director Chief Executive Officer PT. PIRELLI
CABLES INDONESIA
/s/ Xxxx Xxxxxxxxxxx
--------------------
XXXX XXXXXXXXXXX
Director PT. SIEMENS INDONESIA
/s/ Xxxxxxx Xxxxxx
------------------
XXXXXXX XXXXXX
Deputy Director PT. SIEMENS
INDONESIA
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