Results of the exercise ESOP Grant I & II in July 2004

04 August 2004
-Translation- AIS-CP 096/2004 August 4, 2004 Subject: Report on the results of the exercise of warrants (ESOP Grant I and II) in July 2004. To: The President The Stock Exchange of Thailand Advanced Info Service Public Company Limited ("the Company") issued and offered the warrants to purchase the Company's ordinary shares to directors and employees of the Company (ESOP).The details of Warrants are as follows: Details ESOP Grant I ESOP Grant II The number of warrants 14,000,000 Units 8,467,200 Units Issue Date March 27,2002 May 30,2003 Exercise Price Baht 47.402 per share Baht 42.840 per share Exercise Ratio 1 warrant per 1.01261 ordinary shares Maturity of Warrants 5 years from the first date of the issuance and offering of warrants The Company would like to report the results of the exercise of warrants (ESOP Grant I and II) in July 2004, as follows: Details ESOP Grant I ESOP Grant II The number of exercised 455,200 units 479,100 units warrants in this month The number of remaining 6,162,600 units 7,080,000 units unexercised warrants The number of ordinary shares 460,936 shares 485,136 shares derived from this exercise The number of remaining ordinary 6,194,022 shares 7,109,861 shares shares reserved for warrants Please be informed accordingly. Yours sincerely, -Signed- Mr. Somprasong Boonyachai Director Advanced Info Service Public Company Limited