Translation - AIS-CP 031/2005 March 24, 2005 Subject: Notification of the Resolutions of the Board of Directors' Meeting No. 3/2005. To: The President The Stock Exchange of Thailand The Board of Directors Meeting No. 3/2005 of Advanced Info Service Public Company Limited (the "Company") held on March 24, 2005 at the Board Room, 20th floor, Shinawatra Tower 1, No. 414 Phahonyothin Road, SamsenNai, Phayathai, Bangkok, has resolved on the following matters: 1. Certified the Minutes of the Board of Directors'Meeting No. 2/2005 held on February 17, 2005; 2. Approved the amendments to the Company's corporate governance policy to be in line with the international's best practices; 3. Certified the information to be disclosed in the Company's filing for 2004 (Form 56-1). 4. Self-Assessed of the Board of Directors. 5. Approved the capital expenditures for May-October 2005 at the total amount of USD 83.8 million, to increase the capacity of service to the Company's subscribers and increase the traffic and signaling efficiently. 6. To notify the investment in new subsidiary, details as follows; 6.1 The general characteristics : set up the new company and of the transaction: hold 99.99 % stake 6.2 The details of assets to be invested: The Company name: ADVANCED MPAY Co. Ltd. Nature of Business: pre-paid cards for purchase of products and services Registered Capital: Baht 210 million Paid up Capital: Baht 210 million Paid up shares: 21 million shares Par value: Baht 10 Board of Directors: Mr. Somprasong Boonyachai Mrs. Siripen Sitasuwan Miss Yingluck Shinawatra Mr. Pong-Amorn Nimpoonsawat Mr. Leong Shin Loong 6.3 The value and size of the transaction: Value of investment: Baht 210 million Size of transaction: approximately 0.17% of total assets of the Company reported in the year 2004 financial statements 6.4 The benefits expected to receive: to support the pre-paid card via mobile phone 6.5 The source of fund: working capital of the Company The company is pending approval from the BOT. 7. Approved the capital increase of Bridge Mobile Pte., Ltd. ( The subsidiary of the Company, 99.99 % holding) from Baht 1 million, divided into 100,000 shares at par value of Baht 10 each to Baht 250 million, divided into 25 million shares at par value of Baht 10 each, using for the working capital of pre-paid card business. The capital increase will be issued and offered to the existing shareholder for allotment the ordinary shares of 24.90 million shares at Baht 10 each. The company is pending approval from the BOT. After such company has obtained the approval from the BOT, the Company shall notify the progress further. Please be informed accordingly. Yours sincerely, -Signed- Mr. Pong-Amorn Nimpoonsawat Chief Finance Officer Advanced Info Service Public company Limited