CLARIFICATION OF ADVANC CONCESSION AGREEMENT CONVERSION
13 October 1997
Re: Clarification of ADVANC Concession Agreement Conversion
According to the news regarding Advance Info Service Plc. (ADVANC)
proposal to the Telephone Organization of Thailand (TOT) to convert the
Concession Agreement into the Joint Venture Agreement. We would like to
inform that ADVANC is interested in the conversion of the Concession
Agreement and is in the consideration process. However, the details of the
terms and conditions are not yet conclusive. If there is any further
advancement, we will inform the SET at once.
For your consideration
Yours sincerely,
Dr.Niyom Purakum
Director
Advance Info Service Plc.