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13 พฤษภาคม 2546

EXPLANATIONS OF 62"OY IMPROVEMENT IN THE OPERATING RESULT

Date : 13/05/2003 08:14 BEC : EXPLANATIONS OF 62"OY IMPROVEMENT IN THE OPERATING RESULT May 12, 2003 To: President Stock Exchange of Thailand Re: Submission of financial statements for the 1st quarter of 2003 and the explanations of 62% y-o-y improvement in the operating results Enclosures: Financial statements for the 1st quarter of 2003 We are sending you herewith the enclosed financial statement of the Company and the consolidated statement of the group for the 1st quarter of 2003 ended 31st March 2003, which were reviewed by both the Auditor and our Audit Committee. The BEC World group was able to improve its operating results for the 1st quarter of 2003 higher than that of the same period of last year by 62%, because of the big improvement of our advertising airtime sales, which is higher year-on-year by 28%, as the consequence of the increases of our airtime rates since the last October, together with the improvements in our airtime utilization in all day parts from increased overall ad-spending which follows the growth of the economy. Please be informed accordingly. Sincerely Yours, (Chatchai Thiamtong) Vice President - Finance