The Offerors have no intention to delist Company's shares from the SET during the 12-month period after the end of the Tender Offer period unless the Company is unable to maintain its listing status under the regulations required by the SET. The Board of Directors, excluding the Directors who have vested interests, views that the Company may have a risk in maintaining its listing status on the SET if a substantial number of shares are sold to the Offerors and the Company cannot maintain the proportion and number of minority shareholders. To maintain the listing status, a listed company must have at least 150 minority shareholders holding shares in aggregate not less than 15 per cent of its paid-up capital. In addition, if a substantial number of securities are offered for sale and the majority of securities are thereby held by the Offerors, the trading volume of the Company's shares on the SET may decrease and the minority shareholders who do not declare their intention to sell in this Tender Offer may encounter the lack of liquidity to sell their share at an appropriate price or require longer time to sell shares in the SET in the future. 4.4 Additional Opinion of the Board of Directors (only in case of a delisting Tender Offer under the regulations of the SET) The Board of Directors has no additional opinion as this is not a delisting Tender Offer. 5.0 Opinion of the Independent Financial Advisor (For more information: http://capital.sec.or.th/ webapp/corp_fin/datafile/TO/0268000073250-22006-02-21t02.pdf) Please consider the details in Appendix 1. (The Opinion of the Independent Financial Advisor concerning the Tender Offer of the Securities of Advanced Info Service Public Company Limited) The Company hereby certifies that the above statements are true and complete and contain no information that might lead other parties to misunderstand any material aspects and that no concealment has been made of any material information. Advanced Info Service Public Company Limited By:____________________________________ Name: Mr. Boonklee Plangsiri Title: Director By:____________________________________ Name: Mr. Somprasong Boonyachai Title: Director