SET Announcements

August 11, 2004 To: President, Stock Exchange of Thailand. Re: Submission of Financial Statements for the 2nd Quarter of 2004. Enclosures: Financial Statements for the 2nd quarter of 2004 and the relevant management discussion and analysis. We are sending you herewith the enclosed financial statements of the company and the consolidated statement of the group for the 2nd quarter of 2004 ended June 30, 2004, which were reviewed by both the Auditor and our Audit Committee. The net profit of BEC World group for the 2nd quarter of 2004 is Baht548 millions, higher than that of the previous quarter by Baht 117 millions thus an improvement of 27 percent as the group was able to increase its revenue, both the advertising sales revenue and revenue from other services. However, when compared this net profit with that of the same quarter of last year it is still Baht78 millions lower (i.e.-12%) due to higher costs and operating expenses. This year the group does not have the tax benefits that it enjoyed last year, as well. The relevant management discussion and analysis is also provided as per enclosure. Please be informed accordingly. Sincerely Yours, (Chatchai Thiamtong) Vice President - Finance