Right adjustment / No right adjustment

Subject                                  : No Right Adjustment
Symbol                                   : ALT-W1
The full name of warrant                 : Warrant of ALT TELECOM PUBLIC COMPANY
 LIMITED No. 1
Adjustment
The reason for no adjustment             : The Company would like to inform that
the dividend payment would not affect the exercise ratio and the exercise price
of the warrants to purchase the newly issued ordinary shares of ALT Telecom
Public Company Limited No.1 (ALT-W1)
Authorized Persons to Disclose           : Mr. Somboon Setsuntipong
Information
Position                                 : Vice President - Finance and 
Accounting

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