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08 สิงหาคม 2544

LOAN TO SUBSIDIARY WHICH BEC'S HOLDING IS NOT EXCEEDING 90%

August 7, 2001 To: President Stock Exchange of Thailand Re: Loan to subsidiary which the company's holding is not exceeding 90% of the paid -up capital of the subsidiary. Referring to: Our previous letter dated July 30, 2001. As we reported by the said referred letter, 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 a loan of Baht 6.7 million which is due for repayment on August 8, 2001 for another year at an interest rate of 4.75% 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: 7 August 2001 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] Relationship: 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: 8 August 2001 4. Amount of money : Baht 6.7 million 5. Characteristic of transaction: The transaction is the roll-over of an existing loan for another year. The interest rate is fixed at 4.75% per annum,at a higher rate than the banks' deposit rate on the transaction date.