-Translation- AIS-CP 002/2006 January 4, 2006 Subject: Report on the results of the exercise of warrants (ESOP Grant I, II, III) in December 2005. 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 of ESOP Grant I Grant II Grant III The number of warrants (units) 14,000,000 8,467,200 8,999,500 Issuing Date March 27,2002 May 30,2003 May 31,2004 Exercise Price (Baht/Share) 46.160 41.741 89.435 Exercise Ratio 1 : 1.03927 1 : 1.03927 1 : 1.02633 (warrant : common share) Maturity of Warrants 5 years from the issuing date The Company would like to report the results of the exercise of warrants (ESOP Grant I, II, III) in December 2005, as follows: Outstanding of ESOP Grant I Grant II Grant III No. of exercised warrants 329,600 78,100 66,000 in this month (units) No. of remaining unexercised 2,503,600 4,587,100 8,489,700 warrants (units) No. of shares derived from 342,541 81,164 67,734 this exercise (shares) No. of remaining shares reserved 2,651,188 4,802,849 8,626,946 for warrants (shares) Please be informed accordingly. Yours sincerely, -Signed- Mr. Somprasong Boonyachai Director Advanced Info Service Public Company Limited