SET Announcements

19 January 2004 To: President, The Stock Exchange of Thailand Re: New cooperation between Thai TV Color Channel 3 and GMM Media Today, Thai TV Color Channel 3 [Channel 3] and GMM Media Public Company Limited [GMMM] have announced their new cooperation. GMMM will be producing programmes to be broadcasted on Thai TV Color Channel 3 replacing those programmes produced by Khun Traiphob Limpaphat which will be discontinued on Channel 3 at the end of this March. This cooperation will be tighter than the usual relationship between the broadcaster and a producer. This might involve an establishment of a joint venture company. BEC World and GMMM are discussing the details of the cooperation which will be announced later. Please be informed accordingly. Yours faithfully, (Mr.Chatchai Thiamtong) Vice President-Finance