SET Announcements

August 07, 2003 To: President Stock Exchange of Thailand Re: Submission of financial statements for the 2nd quarter of 2003 and the explanations of 39% y-o-y improvement in the operating results Enclosures: Financial statements for the 2nd quarter of 2003 We are sending you herewith the enclosed financial statement of the Company and the consolidated statement of the group for the 2nd quarter of 2003 ended 30th June 2003, which were reviewed by both the Auditor and our Audit Committee. The BEC World group was able to improve its operating results for the 2nd quarter of 2003 higher than that of the same period of last year by 39%, because of the big improvement of our advertising airtime sales, which is higher year-on-year by 19%, as the consequence of the increases of our airtime rates since the last October, together with the improvements in our airtime utilization in all day parts from increased overall ad-spending which follows the growth of the economy. Please be informed accordingly. Sincerely Yours, (Chatchai Thiamtong) Vice President - Finance