-Translation- AIS-CP 076/2008 June 3, 2008 Subject: Report on the results of the exercise of warrants (ESOP Grant II, III, IV and V) in May 2008. 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 II Grant III Grant IV Grant V The number of warrants (units) 8,467,200 8,999,500 9,686,700 10,138,500 Issuing Date May 30, 2003 May 31, 2004 May 31, 2005 May 31, 2006 Exercise Price (Baht/Share) 37.605 80.574 94.820 83.923 Exercise Ratio (warrant:common share) 1:1.15356 1 : 1.13920 1:1.12490 1:1.08989 Maturity of Warrants 5 years from the issuing date The Company would like to report the results of the exercise of warrants (ESOP Grant II, III, IV and V) in May 2008 as follows: Outstanding of ESOP Grant II* Grant III Grant IV Grant V No. of exercised warrants in this month (units) - 35,000 22,800 159,200 No. of remaining unexercised warrants (units) 307,500 4,938,700 9,211,100 9,122,900 No. of shares derived from this exercise (shares) - 39,872 25,647 173,497 No. of remaining shares reserved for warrants (shares) 389,688 5,633,149 10,391,434 9,964,478 * Maturity date of ESOP Grant 2 on May 29, 2008.(5 years from the issuing date) Please be informed accordingly. Yours faithfully, -Signed- Mr. Pong-amorn Nimpoonsawat Chief Finance Officer Advanced Info Service Plc. Compliance Department Tel. 0-2687-4278