03/07/2003 11:02 ADVANC : Clarification on dividend payment of ADVANCE -Translation- AIS 0194/2546 July 3, 2003 Re: Clarification on dividend payment of Advanced Info Service Public Company Limited To: The President The Stock Exchange of Thailand According to Post today and Kao hoon that Advanced Info Service Public Company Limited (the "Company") will increase dividend payment ratio to shareholder. The Company held debenture holders meeting on July 2, 2003 at Sofitel Central Plaza Bangkok. The agenda was the amendment of the specified item 5.2.2 of the terms and conditions of the Company's debentures that the Company can pay dividends to shareholders over 40% but not more than 70% of Net Profit for each year 2003, 2004 and 2005. The Company is awaiting formal voting result from the debenture registrar with in seven days from the meeting date. The payment of dividend to shareholders in the future must be resolved through Board of Dircetors. Please be informed accordingly, Yours sincerely, -Signed- Mrs. Siripen Sitasuwan Director Advanced Info Service Public Company Limited Compliance Department Tel. 0-2299-5561 1