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 shall not adjust the 
exercise price and exercise ratio because the event does not comply with
adjustment conditions as follows; dividend payment rate is higher than the rate
which is specified in Term and Condition
Authorized Persons to Disclose           : Mr. Somboon Setsuntipong
Information
Position                                 : Vice President - Finance and 
Accounting

______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.