income in Q2/2018 amounted 12.68 million baht increased by 3.02 million baht or 31.26% from 9.66 million baht in Q2/2017 due to the increase in revenue from juristic management income. - Cost of units in

juristic management income. - Cost of units in condominium projects sold in Q3/2018 amounted 830.79 million baht or 61.64 % of sales compared to 258.76 million baht in Q3/2017 or 68.74% of sales. %Cost

have executed the company-wide cost management, our cost structure has been continually optimized amidst the competitive landscape. To support our aspiration in 2019, we ensure to allocate sufficient

disposals of PPE 7 12 (20) -377% -270% 164 2 -99% Management benefit expense (24) (41) (32) 35% -22% (143) (177) 24% Other financial cost (8) (2) 2 -123% -230% (60) (18) -71% EBITDA 18,454 17,817 18,071 -2.1

Management discussion and analysis /Page 2 - Efficiently cost and expenses control measure such as managing staff productivity, marketing expenses control by shift to more social media and digital marketing

Bt78,463mn grew 6.3% supported by cost management, with margin 42. 8% vs guidance of to maintain EBITDA margin. Net profit was Bt31,051mn, increased 4.6% YoY and invested CAPEX was Bt20mn versus the guidance

margin of 51% from revenue growth, lower pressure in utility cost, as well as efficient cost management in marketing expenses. AIS reported a net profit of Bt8,146mn, increasing 35% YoY and increasing 14

up. As a result, core service revenue in 3Q18, which excluded IC and equipment rental, was Bt33,134mn, increasing 2. 1% YoY but decreasing 0. 9% QoQ. EBITDA remained growth YoY but softened QoQ Cost

decline in service revenue offset by cost control while increasing 1.6%QoQ from recovered service revenue as well as continuous cost management, with EBITDA margin of 49.2% improved from 48.3% in previous

Finance cost and financial lease paid 218 Repayment of ST borrowings 5,900 Cash increase 11,425 Total 21,159 Total 21,159 6 1Q19 MD&A Advanced Info Service Plc. 2019 MANAGEMENT OUTLOOK & STRATEGY