reports issuance of debentures

20 January 1995
Advanced Info Service Plc (ADVANC) will issue unsecured debentures worth no more than US$100 million or the equivalent of Bt2.5 billion with a redemption period of no more than 3 years. The debentures will be offered to foreign investors and will be registered with one or more foreign stock markets. The move was resolved at the company's board meeting no.1/1995 on January 19, 1995. Other details regarding the terms and conditions of the debentures such as the allocation and coupon rate will be considered by the company's executive board. The issuance also requires approval from the appropriate governmental agencies. Translated by the Nati