SET Announcements

November 6, 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 to BEC-TERO of Baht 15.0 million which is due for repayment on 6 November 2002, for another year at an interest rate of 3.5% 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 subsidiaries which the company's holding is not exceeding 90% of the paid-up capital of the subsidiaries. Report date: 6 November 2002 1. Type of transaction: Short term loans to subsidiaries which the company's holding is not exceeding 90% of the paid-up capital of the subsidiaries. 2. Parties: Between BEC World Plc. (lender) [BEC] and BEC-TERO Entertainment Co.,Ltd.(borrower)[BEC-TERO] Relation: 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: 6 November 2002 4. Amount of money: Baht 15.0 million 5. Characteristic of transaction: The transactions are the roll-over of the existing loan for another year.The interest rates are fixed at 3.5% per annum, at a higher rate than the banks' deposit rate on the transaction date.