15 July 1999

CHANGE OF THE SUBSIDIARY'S NAME

July 14, 1999 To : President Stock Exchange of Thailand Re : Change of the subsidiary's name This is to inform that Bangkok Cable Television System Co.,Ltd., our 99.99% subsidiary,has changed its name to Bangkok Television Co.,Ltd.The changes of name has been registered with the Company Registrar at the Ministry of Commerce, recently. Please be informed accordingly. Sincerely Yours, (Chatchai Thiamtong) Vice President - Finance