F24-3 (Translation) Audit Committee Report on Members and Scope of Duties The Board of Directors'Meeting No. 5/2006 of Advanced Info Service Public Company Limited on May 10, 2006 passed resolutions concerning the appointment of Mr. Surasak Vajasit to be the Company's Audit Committee, effective on May 10, 2006. 1. Name of member of the Audit Committee are as follows: Remaining terms of holding office Chairman of the Audit Committee: Mr.Arun Churdboonchart Term of the Board of Directors Member of the Audit Committee: Mrs. Tasanee Manorot Term of the Board of Directors Member of the Audit Committee: Mr. Surasak Vajasit Term of the Board of Directors Audit Committee Secretary: Mrs. Suwimon Kulalert 2. The Audit Committee of the Company has power, duties responsibilities as follows: 2.1 Review that company financial statements are conducted in accordance with generally accepted accounting principles and are adequately disclosed. 2.2 Review that the Company has appropriate and effective internal control and internal audit. 2.3 Review that the Company complies with the rules and regulations of the Stock Exchange of Thailand and other applicable laws. 2.4 Consider towards appointment of the auditor and the annual audit fee. 2.5 To review and express opinion on entering into related transactions by the Company and the affiliates to be in compliance with the rules and the regulations prescribed by the Stock Exchange of Thailand. 2.6 To consider accurate and complete disclosure of related information in case of connected transactions or transactions that might cause conflict of interests. 2.7 Review the appropriateness and effectiveness of company's risk management system. 2.8 To approve appointment, assignment, removal and appraisal of Chief Audit Executive. 2.9 Review and express opinions on audit plan and audit activities of Internal audit office, and coordinate with external auditor. 2.10 Produce the corporate governance's report and disclose the same in the Company's annual report. The Chairman of the Audit Committee must sign the report. 2.11 Report the outcome of the Audit Committee's meeting to the Board of Directors at least four times per year. 2.12 Have the authority to invite the concerned executive directors and the management or related employees to gives statements or useful information or the attend the meeting. 2.13 Have the authority to obtain the necessary assistance of consultant or other specialized service from outside the organization 2.14 To review and evaluate the scope of the Audit committee's performance on an annual basis. 2.15 Undertake other matters as designated or assigned by the Board of Directors of the Company in agreement which agreed with the Audit Committee. The Company hereby certifies that the aforementioned members meet all the qualifications prescribed by the Stock Exchange of Thailand. Signature -Signed- Signature -Signed- (Mr.Somprasong Boonyachai) (Mrs. Siripen Sitasuwan) Authorized Director Authorized Director