Report of Financial Covenants Compliance
15 สิงหาคม 2549
- Translation -
Ref: AIS-CP107/06
August 15, 2006
Subject: Report of Financial Covenants Compliance
Advanced Info Service Plc.
To The President
The Stock Exchange of Thailand
Pursuance to the Terms and Conditions of the debentures
of Advanced Info Service Plc. AIS06NA, AIS073A, AIS07OA,
AIS093A, and AIS093B, the Company is required to maintain
debt to equity ratio at not more than 2:1. This ratio
will be calculated from an unconsolidated financial
statement of the Company on a quarterly basis. The
Company is, in addition, required to report a default
on any debt obligation if there is any. In case that
the Company pays dividend to the shareholders more than
40% of the net profit, the Company must maintain a credit
rating at least AA.
We would like to notify you that as at 30 June, 2006 the
Company was not in default of any debt obligation. The
Company can maintain the credit rating at AA and the debt
to equity ratio as at 30 June 2006 were 0.38 time. The
Company is completely complied with the conditions set
forth in the Terms and Conditions of the above debentures.
Please be informed accordingly.
-(Signed)-
Mr. Pong-Amorn Nimpoonsawat
Chief Finance Officer