The tsunami hit beaches in the Sunda Strait, which is between the islands of Java and Sumatra, on Saturday night.
Physical losses included 430 heavily damaged homes, nine heavily damaged hotels and 10 heavily damaged vessels.
Anak Krakatau, an active volcano roughly halfway between Java and Sumatra, has been spewing ash and lava for months.
The stage suddenly heaved forward, throwing the band and all their equipment into the audience.
Among the dead were four members of Seventeen - bassist M. Awal "Bani" Purbani, road manager Oki Wijaya, guitarist Herman Sikumbang and crew member Ujang, the band said.
'I had to run, as the wave passed the beach and landed 15-20m inland.
Indonesia, the world's largest archipelagic nation with more than 17,000 islands, lies in the Pacific Ring of Fire, a region of frequent earthquakes and volcanic eruptions as a result of tectonic plate movements.
An natural disaster has struck Indonesia, just less than 24 hours after a tsunami killed at least 222 people in the island nation.
In 2004, an estimated 230,000 people were killed on Christas Eve when a tsunami struck 13 countries on the Indian Ocean including Indonesia, Sri Lanka, India and Thailand.
Areas hit included hotels and villages in the popular tourist destination Sunda Strait, in between Java and Sumatra.
Initial indications are that a five-metre wall of water washed at least 20 metres inland across the stretch of coast, believed to have been caused by undersea landslides following the eruption of the Krakatoa volcano. "The first wave wasn't that strong - I could run from it", he said.
Earlier on Sunday, we saw the shocking footage of local band Seventeen getting hit by the tsunami.
Endan Permana, head of the disaster mitigation agency in Pandeglang, told Metro TV police were providing assistance to victims in Tanjung Lesung in Banten province, a popular tourist getaway not far from the capital, Jakarta, as emergency workers had not arrived. More than 2,500 people were killed in the tragedy.
A GFZ article from last Tuesday said there was evidence that large earthquakes could either trigger or inhibit volcanic activity.A widely circulated release from the Volcanology and Geological Disaster Mitigation Center (PVMBG) said the quake may have amplified the eruption of Anak Krakatau. He told MetroTV station that many people were still searching for missing relatives.
He said: 'Recommendations from Meteorology, Climatology and Geophysical Agency (BMKG) are that people should not carry out activities on the beach and stay away from the coast for a while.