Retained Earnings (Deficit) 138.04 114.70 164.47 50.97 125.09 Treasury Stock - - - - - Shares Of The Company Held By Subsidiaries - - - - - Other Components Of Equity - - - - -68.82  - Surplus (Deficits

585.00 Retained Earnings (Deficit) 739.91 728.38 778.15 595.68 587.78 Treasury Stock - - - - - Shares Of The Company Held By Subsidiaries - - - - - Other Components Of Equity -5.69 -5.93 -0.14 -5.96

Premium (Discount) on Share Capital 547.61 547.61 547.61 547.61 824.43 Retained Earnings (Deficit) -1,001.70 -967.94 -985.37 -881.59 -927.98 Treasury Stock - - - - - Shares Of The Company Held By

Capital 660.00 550.00 550.00 550.00 400.00 Paid-Up Capital 550.00 550.00 550.00 550.00 400.00 Premium (Discount) on Share Capital 417.22 417.22 417.22 417.22 6.00 Retained Earnings (Deficit) 324.69 368.05

-2,304.52 Retained Earnings (Deficit) 620.95 572.78 544.70 475.21 460.80 Treasury Stock - - - - - Shares Of The Company Held By Subsidiaries - - - - - Other Components Of Equity - - - 24.73 24.73  - Surplus

Share Capital - - - - - Retained Earnings (Deficit) 518.71 481.91 496.08 460.40 410.06 Treasury Stock - - - - - Shares Of The Company Held By Subsidiaries - - - - - Other Components Of Equity 253.56

1 3Q19 MD&A Advanced Info Service Plc. Executive Summary Mobile revenue driven by postpaid price adjustment In 3Q19, the postpaid segment continued its growth as we continued to adjust postpaid price

economy for the first quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in

at a slower rate than the same period last year. Supporting factors included an increase in private consumption from both the agricultural sector (driven by an increase in rice prices) and the non

% Administrative Expenses 14.7 8.2% 19.0 11.1% 4.3 29.3% Total Expenses 37.1 20.8% 43.3 25.2% 6.2 16.7% Earnings Before Interest and tax 9.8 5.5% 9.5 5.5% -0.3 -3.1% Finance Cost 13.3 7.5% 14.7 9.4% 1.4 10.5% Tax