SET Announcements

April 29, 2002 To: President Stock Exchange of Thailand Re: Roll-over loans to BEC - TERO Entertainment Co., Ltd. [BEC-TERO] As we reported the short-term loans granted by the company to BEC - TERO Entertainment Co., Ltd. [BEC-TERO] our subsidiary which the company's holding is not exceeding 90% of the paid-up capital of the subsidiary and the minority shareholder is not a connected person. Today we have agreed to roll-over loans of Baht 1.0 million and Baht 4.4 million which are due for repayment on 28 and 29 April 2002 respectively, for another year at an interest rate of 3.75% per annum. Details of the transaction are as per the enclosed disclosure form. Please be informed accordingly. Sincerely Yours, (Chatchai Thiamtong) Vice President - Finance Information of transactions between company and its subsidiary which the company's holding is not exceeding 90% of the paid-up capital of the subsidiary. Report date: April 29, 2002 1. Type of transaction: Short term loans to subsidiary which the company's holding is not exceeding 90% of the paid-up capital of the subsidiary. 2. Parties: Between BEC World Plc. (lender) [BEC] and BEC-TERO Entertainment Co.,Ltd.(borrower)[BEC-TERO] Related: BEC-TERO is a subsidiary of BEC, which BEC holds 60% of BEC-TERO and Mr.Brian Lindsay Marcar who is not a connected person holds 40%. 3. Transaction Date and Amount of money: 1.) April 28, 2002 Baht 1.0 million 2.) April 29, 2002 Baht 4.4 million 4. Characteristic of transaction: The transaction is the roll-over of an existing loan for another year. The interest rate is fixed at 3.75% per annum, at a higher rate than the banks' deposit rate on the transaction date.