Date : 29/05/2003 08:43 ADVANC : NOTIFICATION OF CONNECTED TRANSACTION: ADVERTISEMENT FEE -Translation- AIS 0142/2003 May 28, 2003 Re: Notification of the connected transaction in relation to advertisement fee To: The President The Stock Exchange of Thailand Advanced Info Service Public Company Limited (the "Company") would like to inform you that the Company and its subsidiary have employed SC Matchbox Co., Ltd.as the agency to produce advertisement campaigns through various media, which is deemed to be a connected transaction,that summary details are as follows: Date of Transaction within the first quarter of the year 2003 Parties involved Employers: Advanced Info Service Public Company Limited and its subsidiary Contractor:SC Matchbox Company Limited (SMB) Relationship The Company is owned 43.06% by Shin Corporation Public Company Limited, and SMB is owned 99.96% by Shin Corporation Public Company Limited. General Characteristics of the Transaction The Company and its subsidiary have employed SC Matchbox Co., Ltd. as the agency to produce advertisement campaigns through various media on freelance basis. This is because SMB is a creative advertising agency with a good understanding of the Company's products and maintains strict confidentiality. The total value of the consideration The Company and its subsidiary have paid net charges to SMB amounting to Baht 80 million for the first quarter of the year2003.The source of payment is paid from the Company's working capital.Advertisement fee is comparable to other agency companies in the market. Connected Transaction and its Conditions This transaction is considered being a 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 0.24% of net tangible assets as of December 31, 2002, which is over 0.03% but less than 3.00% of net tangible assets, thus the Company is required to report the transaction to the SET. Please be informed accordingly, Yours sincerely, -Signed- Mrs. Siripen Sitasuwan Director Advanced Info Service Public Company Limited