Re: Submission of the 2nd Quarter 1997 Financial Statements Advanced Info Service Plc. Enclosure: 1. Unaudited interim Financial Statement as of Quarter 2/1997 ended June 30, 1997 and 1996. 2. Summary of Financial Status and Operation Advanced Info Service Plc. would like to submit it's Unaudited interim financial statement as of quarter 2/1997 ended June 30, 1997 and 1996 and the summary of financial status and operation. Summary of Financial Statement Advanced Info Service Public Company Limited (Unaudited) Balance Sheets As at June 30, 1997 and 1996 (Amounts in thousand Baht) 1997 1996 Total Current Assets 3,928,560 6,766,654 Total Assets 23,780,706 19,789,537 Total Current Liabilities 6,992,130 7,109,400 Total Shareholders Equity 11,681,637 9,470,735 Statements of Income (Amounts in thousand Baht) Three Months Six Months Ended June 30 Ended June 30 1997 1996 1997 1996 Service income 3,224,190 2,838,841 6,250,681 5,593,825 Net result of investment in subsidiary company 20,744 11,662 32,650 16,563 Other income 51,089 161,128 95,207 315,685 Cost of services 1,295,714 1,207,700 2,505,466 2,363,796 Selling and administrative expenses 596,124 455,444 1,104,571 841,364 Interest expense 65,206 54,543 102,961 119,426 Directors remuneration 840 2,080 2,200 2,680 Other expenses 1,500 10,178 1,500 19,728 Income tax (408,667) (395,450) (825,489) (794,346) Net income 927,972 886,236 1,836,351 1,784,733 Earning per share (Baht) 3.97 3.79 7.85 7.63 Summary of Financial Statement Advanced Info Service Public Company Limited and Subsidiary (Unaudited) Consolidated Balance Sheets As at June 30, 1997 and 1996 (Amounts in thousand Bath) 1997 1996 Total Current Assets 4,639,924 7,763,225 Total Assets 25,150,516 21,359,388 Total Current Liabilities 7,308,791 7,605,930 Total Shareholders Equity 11,681,637 9,470,735 Consolidated Statements of Income (Amounts in thousand Baht) Three Month Six Month Ended June 30 Ended June 30 1997 1996 1997 1996 Service income 3,589,738 3,169,312 6,987,109 6,218,124 Sales 83,021 - 83,021 - Other income 64,417 186,934 126,707 366,938 Cost of services 1,368,833 1,288,032 2,662,134 2,492,956 Cost of Sales 79,773 - 79,773 - Selling and administrative expenses 801,397 663,213 1,545,706 1,266,633 Interest expense 82,890 68,359 135,583 144,608 Directors remuneration 840 2,080 2,200 2,680 Other expenses 13,950 19,625 23,100 38,325 Income tax (441,593) (414,827) (878,024) (831,886) Less share of net income of subsidiary to minority interests 19,928 13,874 33,966 23,241 Net income 927,972 886,236 1,836,351 1,784,733 Earning per share (Baht) 3.97 3.79 7.85 7.63