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26 กรกฎาคม 2545

ROLL-OVER LOANS TO BEC-TERO AND TVB 3

July 26, 2002 To: President Stock Exchange of Thailand Re: Roll-over loans to BEC - TERO Entertainment Co., Ltd. [BEC-TERO] and TVB 3 Network Co.,Ltd. [TVB 3] As we reported the short-term loans granted by the company to BEC - TERO Entertainment Co., Ltd. [BEC-TERO] and TVB 3 Network Co.,Ltd. [TVB 3] our subsidiaries which the company's holding is not exceeding 90% of the paid-up capital of the subsidiaries and the minority shareholder is not a connected person. Today we have agreed to roll-over loans to BEC-TERO of Baht 4.0 million and Baht 5.0 million which are due for repayment on 25 and 30 July 2002 respectively, for another year at an interest rate of 3.75% per annum and roll-over loans to TVB 3 of Baht 0.5 million which is due for repayment on 28 July 2002, for another year at an interest rate of 4.0% 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: July 26, 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: 2.1 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%. 2.2 Between BEC World Plc. (lender) [BEC] and TVB 3 Network Co.,Ltd.(borrower) [TVB 3] Relation: BEC has effectively 60% interest in TVB 3, through its 100% subsidiary BEC-International Distribution Co.,Ltd.The other 40% is held by TVB Oversea Co., Ltd. [TVB] a company in Television Broadcasts Limited (Hong Kong)Group.TVB is not a connected person. 3. Transaction Date and Amount of money: 1.) July 25, 2002 Baht 4.0 million [BEC-TERO] 2.) July 28, 2002 Baht 0.5 million [TVB 3] 3.) July 30, 2002 Baht 5.0 million [BEC-TERO] 4. Characteristic of transaction: The transactions are the roll-over of the existing loan for another year. The interest rates are fixed at 3.75% per annum for BEC-TERO and 4.0% per annum for TVB 3, at a higher rate than the banks' deposit rate on the transaction date.