SET Announcements

February 23, 2004 To: President Stock Exchange of Thailand Re: Submission of financial statements for the year 2003 Enclosures: Financial statements for the year 2003 We are sending you herewith the enclosed financial statement of the Company and the consolidated statement of the group for the year 2003 ended 31st December 2003, which were audited by the Auditor and reviewed by our Audit Committee. The BEC World group was able to improve its net profit for the year 2003 by Baht 301 million to Baht 1,969 million, an increase of 18 percent from the previous year. This is a result of the increase of our Advertising Revenue in line with the industry's growth. Please be informed accordingly. Sincerely Yours, (Chatchai Thiamtong) Vice President - Finance