-Translation- AIS 0271/1999 December 22, 1999 Re :Notification of the resolution of the Shareholder Meeting in respect of issuance of Bond and establishment of Thai Trust Fund To :President Stock Exchange of Thailand The Extraordinary General Meeting of Shareholders of Advanced Info Service Plc. (ADVANC) No. 3/1999 held on December 22, 1999 at 10.00 a.m. at the Auditorium of Shinawatra Tower 1, 19th Floor, 414 Phaholyothin Road, Samsennai, Phayathai, Bangkok, unanimously passed the following resolutions: 1. Approval of cancellation of unsold bond at the amount of Baht 3,500 Million from the total amount of Baht 5,000 Million as issued by the resolution of the Extraordinary General Meeting of Shareholders No.2/1997 dated October 16,1997. 2. Approval of issuance and offer for sale of Unsecured Bond at the amount not exceeding Baht10,000 Million and/or equivalent to any other currencies subject to the following terms and conditions: 2.1 Amount of Bonds issued - At the amount not exceeding Baht 10,000 Million and/or equivalent to other currencies. 2.2 Type of Bond - Unsecured Bond. 2.3 Maturity - Not exceeding 10 years from the date of issue 2.4 Offerings - Offered domestically and/or internationally to the public and/or institutional investors in whole or in part which could be single or multiple offering. 2.5 Special Conditions - In case that any bond redemption has been made, within the Amount of Bond approved, the Company is able to issue additional bond in place subject to same terms,conditions and amounts as indicated above. Additional restrictions and conditions of the Bond such as number, face value, offered price per unit, interest rate,appointment of the Bond holder's representatives, allocation method, offering details, early redemption, an account to be established to receive the proceeds from the sale of the Bond,and listing in one or more of the securities exchange markets shall be determined by the Executive Committee and/or person assigned by the Board of Directors. 3. Approval of ADVANC's establishment of the fund for foreign Investors called Thai Trust Fun (the "Fund"), and granting the Fund to invest or possess stock of the Company at the ratio not exceeding 2.5% of the Company's issued stock. Additional processes of establishment of the Fund such as contract making for the Fund to invest or posses the stock of the Company,of submission the application for permission to SET (Securities Exchange of Thailand), apply for security admission to the SET, prospectus preparation and any other related matters to be determined by the Board of Directors and/or Executive Board and or person assigned by the Board of Directors. Your faithfully, -Signed- (Mr.Somprasong Boonyachai) Director Advanced Info Services Plc.