-Translation- AIS 036/2546 February 12, 2003 Re: Notification of the Connected transaction To: The President The Stock Exchange of Thailand Advanced Info Service Public Company Limited (the "Company") would like to inform you that the Company has entered into the computer system service agreements with Shinawatra Information Technology Company Limited (SIT) and I.T. Applications and Service Co., Ltd. (ITAS), both of the companies are the subsidiaries of Shin Corporation Public Company Limited (SHIN) that detailed as follows: Date of Transaction within February 2003 Parties involved Employers: the Company and Digital Phone Co., Ltd. (DPC), which is a 98.55% subsidiary of the Company. Contractors: Shinawatra Information Technology Company Limited (SIT) and I.T. Applications and Service Co., Ltd. (ITAS) Relationship The Company is 43.06% owned by Shin Corporation Public company Limited and SIT and ITAS are 99.99% owned by Shin Corporation Public Company Limited. General Characteristics of the Transaction - SIT shall provide services of the computer system to the Company and DPC, totaling advising and management fees of Baht 41 million per year. - The Company engages ITAS for the improvement and development of computer programs, on a job by job basis,totaling advising and management fees of Baht 131.86 million per year. The fee of charges are based on comparative rates of other contractors, which service the same characteristics of SIT and ITAS. Connected Transaction and its Conditions The entering into the computer system service agreements of the Company and its subsidiary, are considered to be connected transaction of listed company prescribed in the Notification of the Stock Exchange of Thailand (SET) in relation to rules, procedures and disclosure of connected transactions of listed company. The size of transaction is 0.58% of net tangible assets as of September 30, 2002, which is over 0.03% but less than 3.00% of net tangible assets, thus requiring the Company to report the transaction to SET. Please be informed accordingly, Sincerely yours, -Signed- Mr. Somprasong Boonyachai Director Advanced Info Service Public Company Limited Compliance Department Tel. 0-2299-5561