17 ตุลาคม 2546
                                Roll-over loans to TVB 3 Network Co., Ltd. [TVB 3]
                                    October 17, 2003
To:     President
        Stock Exchange of Thailand
Re:     Roll-over loan to TVB 3 Network Co.,Ltd. [TVB 3]
        As we reported the short-term loans granted by the company to 
TVB 3 Network Co.,Ltd. [TVB 3] 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 loan to TVB 3 of Baht 0.5 million which is due for repayment on 
18 October 2003, for another year at an interest rate of 2.25% 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:  October 17, 2003
1. Type of transaction:   Short term loan 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 
                          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 Investment Co., Ltd. [TVB] 
                          a company in Television Broadcasts Limited (Hong Kong) 
                          Group. TVB is not a connected person.
3. Transaction Date:      October 18, 2003
4. Amount of money:       Baht 0.5 million 
5. Characteristic of transaction:  The transaction is the roll-over of the
                                   existing loan for another year. The interest
                                   rate is fixed at 2.25% per annum, at a higher 
                                   rate than the banks' deposit rate on the 
                                   transaction date.
                                
                            
 
                 
                