- Translation - AIS 0422/2000 December 22, 2000 Subject : Notification of the Resolutions of the Board of Directors' Meeting on the Issuance of Bond To : President Stock Exchange of Thailand The Board of Directors' Meeting of Advanced Info Serviced Public Company Limited (ADVANC) No. 5/2000 held on December 22, 2000, at 1.00 p.m. at the Board Room 20th Floor Shinawatra Tower I Phaholyothin Rd., Samsennai Phayathai, Bangkok 10400, resolved the matters as follows: 1. Approval of the issuance and offering for sale to investors of unsecured bond worth not exceeding Baht 15,000 million and/or equivalent in other currencies, which will be used for network expansion to enhance efficiency of service to be provided in the next coming year. The issuance of offering will be subject to the following terms and conditions : 1.1 Size of bond issued - In an amount not exceeding Baht 15,000 million and/or equivalent in other currencies 1.2 Type of bond - Unsecured bond 1.3 Maturity - Not exceeding 10 years from the issuing date 1.4 Offering - To be offered domestically and/or internationally to the public and/or institutional investors in whole or in part, which could be single or multiple offerings 1.5 Special conditions - In the case of bond redemption within the amount already approved, ADVANC can replace with additional bonds of the same nature and under the conditions and size given here above. Additional restrictions and conditions of the bonds, such as, the size of bond issuance, the face value offered price per unit, interest rate, appointment of bondholders' representatives, allocation method, offering details, early redemption, an account to be established for the proceeds received from the sale of bonds, and listing of such unsecured bonds in one or more of the securities exchange markets, shall be considered and decided by the Board of Directors and/or Executive Committee and/or person(s) designated by the Board of Directors as deemed appropriate. 2. Approval of convening the Extraordinary General Meeting of Shareholders No.1/2001 on January 22, 2001 at 10.00 a.m., at the Auditorium, 19th Floor Shinawatra Tower I, 414 Phaholyothin Rd., Samsennai, Phayathai, Bangkok, subject to the following agendas: Agenda 1 Matters to be informed Agenda 2 Approval of the Minutes of the Annual General Meeting of Shareholders dated April 27, 2000 Agenda 3 Approval of the issuance and offering for sale of unsecured bonds in the amount not exceeding Baht 15,000 million or its equivalence in other currencies Agenda 4 Any other matters (if any) 3. The share registration book of the Company shall be closed for determining the rights of shareholders to attend and vote in the meeting from 12.00 noon of January 8, 2001 onward until the meeting is adjourned. 4. Approval of the digital GSM net work expansion to support the future growth of the Company's subscriber base amounting to USD 290 million or approximately Baht 12,500 million. Please be informed accordingly. Respectfully yours, -Signed- (Mr. Somprasong Boonyachai) Director Advanced Info Service Public Company Limited