-Translation- AIS 0240/2003 August 7, 2003 Re: Notification of the connected transaction in relation to advertising fee To: The President The Stock Exchange of Thailand Advanced Info Service Public Company Limited (the "Company") would like to inform you that the Company and its subsidiary have employed SC Matchbox Co., Ltd. as the agency to produce advertisement campaigns through various media, which is deemed to be a connected transaction, that summary details are as follows: Date of Transaction within the second quarter of the year 2003 Parties involved Employers : Advanced Info Service Public Company Limited and its subsidiary Contractor: SC Matchbox Company Limited (SMB) Relationship The Company is owned 43.06% by Shin Corporation Public Company Limited, and SMB is owned 99.96% by Shin Corporation Public Company Limited. General Characteristics of the Transaction The Company and its subsidiary have employed SC Matchbox Co., Ltd. as the agency to produce advertisement campaigns through various media on freelance basis. This is because SMB is a creative advertising agency with a good understanding of the Company's products and maintains strict confidentiality. The total value of the consideration The Company and its subsidiary have paid net charges to SMB amounting to Baht 227 million for the second quarterof the year 2003. The source of payment is paid from the Company's working capital. Advertising fee is comparable to otheragency companies in the market. Connected Transaction and its Conditions This transaction is considered being a connected transaction of listed companies prescribed in the Notification of the Stock Exchange of Thailand (SET),Re: Rules, Procedures and Disclosure of Connected Transactions of Listed Companies. The size of transaction is 0.69% of net tangible assets for the second quarter or 0.93% of net tangible assets for the first half of year 2003 (net tangible assets as of December 31, 2002),which is over 0.03% but less than 3.00% of net tangible assets, thus the Company is required to report the transaction to the SET. Please be informed accordingly, Yours sincerely, -Signed- Mrs. Siripen Sitasuwan Director Advanced Info Service Public Company Limited Legal & Compliance Department Tel. 0-2299-5561 ; ; ; ; ;