-Translation- Information of Memorandum Connected Transaction in relation to Advertising Fees and SAP Computer System Service Agreements Advanced Info Service Public Company Limited ("the Company") would like to inform you about its connected transactions as follows: 1.The Company and its subsidiary employ SC Matchbox Company Limited as the agency to produce advertisement campaigns through various media as follows: Date of Transaction within the fourth quarter of 2003 and for the year of 2004 Parties Involved Employers: the Company and its subsidiary Contractor: SC Matchbox Company Limited (SMB) Relationship with Shin Corporation Public Company Listed Company Limited holds 43.00% of the Company and 99.96% of SMB. General Characteristics The Company and its subsidiary of the Transaction employ SMB as the agency to produce advertisement campaigns through various media on a freelance basis. This is because SMB is a creative advertising agency with a good understanding of the Company's products and SMB maintains strict confidentiality. The Total Value of The Company and its subsidiary theConsideration pay net charges to SMB amounting to Baht 236 million and 750 million for the fourth quarter of 2003 and the year of 2004 respectively. The source of payment is paid from the Company's working capital. The Basis Used to SMB' s advertising fees are Determine the Value comparable to other agency companies in the market. Connected Transaction This transaction is considered and its Conditions to be 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 0.71% and 2.07% of net tangible assets (as of December 31, 2002) for the fourth quarter of 2003 and the year of 2003 respectively. * The size of transaction is 0.71% of net tangible assets (as of December 31, 2003) for the year of 2004. Board of Directors and the Audit Committees' opinion are stated that this transaction is reasonableness, reflecting the company's best interest and conducting at arm's length basis.(ref. The Board of Directors' meeting No.2/2004 , held on February 19, 2004) 2.The Company will enter into the computer system service agreements (SAP) with Shinawatra Information Technology Company Limited (SIT) as follows: Date of Transaction One year(January 1-December 31,2004) Parties Involved Employer:the Company and its subsidiaries Contractor:Shinawatra Information Technology Company Limited (SIT) Relationship with The Company is 43.00% owned by Listed Company Shin Corporation Public Company Limited and SIT is 99.99% owned by Shin Corporation Public Company Limited. General Characteristics SIT shall provide services of of the Transaction the computer system (SAP) to the Company and its subsidiaries. The Total Value of Totaling advising and management the Consideration fees of Baht 42.86 million per year. The Basis Used to The fee of charge is based on Determine the Value comparative rates of other contractors, which service the same characteristics of SIT. Connected Transaction This transaction is considered and its Conditions to be 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 0.10% of net tangible assets as of December 31, 2003. Board of Directors and Board of Directors and the Audit the Audit Committees' Committees' opinion are stated that opinion this transaction is reasonableness, reflecting the company's best interest and conducting at arm's length basis. (ref. The Board of Directors' meeting No.2/2004 , held on February 19, 2004) ----------------------------------------------------------