- Translation - AIS 0263/1999 December 13, 1999 Re : Notification of the resolution of the Board of Directors' Meeting in respect of establishment of Thai Trust Fund To : President Stock Exchange of Thailand The Board of Directors Meeting of Advanced Info Service Public Company Limited (AIS) No. 10/1999 held on December 13, 1999 at 10.30 a.m. at the Board Room, 20th floor, 414 Shinawatra Tower I Phaholyothin Road, Samsennai Phayathai, Bangkok 10400, passed the following resolutions: 1. Approval of AIS's establishment of the fund for foreign investors, Thai Trust Fund, and granting the Fund to invest or possess the stock of the Company at the ratio not exceed 2.5% of the issued stock of the Company. The stock allocation to the Thai Trust Fund shall be primarily based on first come first serve basis upon foreign queuing stock. 2. Since the Company will hold the Extraordinary General Meeting of Shareholders on December 22, 1999, the Board of Directors has approved to add the agenda of Thai Trust Fund and grant the Fund to invest or possess the stock of the Company at the ratio not exceed 2.5% of the issued stock of the Company, into the Agenda 5 (other matters) of the Extraordinary General Meeting of Shareholders No. 3/1999 dated December 22, 1999 as follows: Agenda 5: Consideration of the Company's establishment of Thai Trust Fund and granting the Fund to invest or possess the stock of the Company. Your faithfully, -Signed- (Mr.Somprasong Boonyachai) Director Advanced Info Services Plc.