1 2Q19 MD&A Advanced Info Service Plc. Executive Summary Competition in mobile saw an improvement In 2Q19 the price competition in mobile industry had improved with fixed speed unlimited data pricing

. EGCO Rayong Industrial Estate A. Next-Generation Automotive Banpho B. E-Commerce Bang Pakong EEC Promotional Zones 26 Industrial Estates Industrial Clusters2 5 EECh High-Speed Rail Ribbon Sprawl Location

speed unlimited price plan while handset subsidies were more locally- focused compared to last year. With accumulation of fixed- speed unlimited subscribers, revenue and ARPU have been pressured. However

slightly, its mixture in Diesel fuel remains at 7% the entire quarter, Gross profit improved from the cost of crude palm oil that was used in manufacturing lowered at a faster pace than the price of B100

deep-out-of-money • Premium ratio (measured against KRX options) by LPs • Stricter assessment of LPs, including the level of implied volatility • Supervise the order routing speed 3rd measure (Mar 2012

all android handsets, to exhibit leadership in 4G. Handset subsidies remained stable and more targeted; however, the competition in fixed- speed unlimited plans has challenged an ability to increase

crude oil price surged in the quarter, marketing margin soften; attributed to the retail service station prices were unable to adjust at the same pace as the rising fuel cost. In comparison with Q4/2018

network on the contiguous 2x20MHz bandwidth on 1800MHz, giving 15- 30% speed increase for all 4G users. With the current spectrum portfolio comprising 900/1800/2100MHz, we aim to continue delivering leading

. The domestic economy recovered at a modest pace. Public spending and private consumption remained to be the main growth drivers. Private investment remained at a similar level compared to the same

Building Confidence in the Capital Market No. 5/2018 SEC grants a second extension to the submission deadline for PACE clarification of the fair value measurement of its investment Bangkok, 22