-Translation- AIS 058/2000 February 29, 2000 Re: Notification of the resolution of the Board of Director's Meeting regarding dividend payment and scheduling the Annual General Meeting of Shareholders The Board of Directors' Meeting of Advance Info Service (ADVANC) held on February 29, 2000 at 10.00 a.m., at Board Room 20th Floor Shinawatra I Tower, 414 Paholyothin Road, Samsennai, Phayathai, Bangkok 10400, passed the following resolutions: 1. Resolved no dividend payment for the fiscal year commencing January 1, 1999 to December 31,1999 due to Company's further network and equipment expansion and investment plan for the year 2000. 2. Approved the appointment of directors who retire by rotation, and designation of the authorized signatories as follows: 2.1 The following directors who retire by rotation: - Mr. Witu Rakwanitchapong - Mr. Supadech Poonpipat 2.2 The following directors who retire by rotation have been re-appointed: - Mr. Witu Rakwanitchapong - Mr. Supadech Poonpipat 2.3 The members of the Board of Directors shall consist of the following persons: - Mr. Paiboon Limpapayorm (Ph.D.) Chairman of the Board - Mr. Witu Rakwanitchapong Director - Mr. Somprasong Boonyachai Director - Mr. Boonklee Plangsiri Director - Mrs.Siripen Sitasuwan Director - Mr. Allen Lew Yong Kiang Director - Mr. Chow Wing Keung Lucas Director - Mr. Supadech Poonpipat (Ph.D.) Chairman of the Audit Committee - Mr. Vitit Leenutapong Audit Committee - Mr. Arun Cherdboonchart Audit Committee 2.4 The authorized signatories are as follows : "Any two signatures of Mr. Paiboon Limpapayorm, Mr. Somprasong Boonyachai, Mr. Boonklee Plangsiri, and Mrs. Siripen Sitasuwan with the Company's seal affixed." 3. Resolved the appointment of the following persons as the Executive Committee: 1. Mr. Somprasong Boonyachai Chairman of the Executive Committee 2. Mr. Boonklee Plangsiri Executive Committee 3. Mr. Arak Chonlatanon Executive Committee 4. Mrs. Siripen Sitasuwan Executive Committee 5. Mr. Allen Lew Yong Kiang Executive Committee 4. Resolved the appointment of three auditors of PricewaterhouseCoopers ABAS Ltd. as the Company's auditors for the year ended 2000: 1. Mr. Suchart Luengsurasawat CPA. No. 3051 2. Ms. Nangnoi Charoenthaveesub CPA. No. 3044 3. Mr. Prasan Chuapanich CPA. No. 2807 One of theses 3 persons is responsible for audit and comment the Company's Financial Statements. 5. Approved the schedule of an Annual General Meeting of Shareholders be held on April 27, 2000 at 10.00 a.m., at Auditorium Room 19th Floor 414 Shinawatra I Tower Paholyothin Road, Samsenai, Payathai Bangkok 10400. The register book closing for the right to attend the shareholders meeting shall be on April 10, 2000 at noon until the meeting adjourned. The meeting agendas are as follows : Agenda 1 Matter to be informed; Agenda 2 Approval of Minutes of the Extraordinary General Meeting No. 3/2000 held on December 22, 2000; Agenda 3 Approval of the Company's performance for the fiscal year 1999; Agenda 4 Approval of the Company's Balance Sheet,Income Statement, and Cash Flow Statement for the fiscal year ended December 31, 1999 Agenda 5 Consideration of re-appointment of directors who retire by rotation, designation of the authorized signatories, and fixing the director's remuneration for the fiscal year 2000; Agenda 6 Approval of allocation of net profit for 1999's operational results; Agenda 7 Consideration of the appointment of the Company's auditors and fixing the audit fee for the fiscal year 2000; Agenda 8 Others (if any) Please be informed accordingly. Very truly yours, -Signed- Mr. Somprasong Boonyachai Director Advanced Info Service Public Company Limited