of a change in foreign currency exchange rates. In addition, the company realized a gain of Bt.40.8 million on its previously-held equity interest in an associate (KCE America, Inc.) prior to its

investments in joint venture and retained earnings. 3. AIS has been in a partnership with TOT since end-2016 to work on three separate deals to co-utilize assets consisting of 2100MHz spectrum, towers, and 2G

% 100.00% Cost of sales (48.06 ) (37.80 ) (10.26 ) 27.14% (71.23%) (66.95%) Gross Profit 19.41 18.66 0.75 4.02% 28.77% 33.05% Other income 2.78 1.66 1.12 67.47% 4.12% 2.94% Gain on disposal of investment

investment. QoQ, finance cost declined 2.9% from a repayment during the quarter. Net FX gain was Bt150mn compared to a net gain of Bt25mn in 1Q16 and Bt6mn in 4Q16. Expenses and borrowings denominated in

increased 2.1% YoY and 1.1% QoQ from slightly higher interest-bearing debt. Net FX gain was Bt41mn compared to Bt67mn in 3Q16 and Bt12mn in 2Q17. FX gain/loss was incurred from CAPEX payables as a result of

from gain on sale of investments in the current period. Total expenses increased by Baht 17 million as compared to the same period last year which is generally the result of the following: • Cost of

7.3% in 2Q17 and 5.5% in 1Q18. • Admin and other expenses were Bt4,037mn, increasing 5.4% YoY from higher staff cost but decreasing 1.2% QoQ. Net FX gain was Bt106mn, compared to Bt12mn in 2Q17 and a

% 100.00% Cost of sales (48.06 ) (37.80 ) (10.26 ) 27.14% (71.23%) (52.49%) Gross Profit 19.41 18.66 0.75 4.02% 28.77% 33.05% Other income 2.78 1.66 1.12 67.47% 4.12% 2.94% Gain on disposal of investment

the record of the FX gain of 151 million Baht, the record of the OFC rental fees (20% according to the Rental Assurance Agreement) that increased as a result of the additional sales of assets to JASIF

% Operating profit 13.71 45.77 95.81 598.83% 109.33% 84.58 141.58 67.39% Net foreign exchange gain/(loss) (0.16) 1.66 (1.41) 781.25% -184.94% (0.51) 0.25 -149.02% Other income 1.22 1.69 0.77 -36.89% -54.44