2

BEC World plc.BEC World plc.

Asian Investment Conference

March 31 – April 2, 2008

Industry Overview

Financial Highlights

2008 Outlooks

3

Company Background:Company Background:

Over 38 years of experience in television.

12 more years to go under the existing license.

Concession fees were duly fixed.Much more than an ordinary

television company.

4

The Businesses:The Businesses:Broadcasting

& Media:

An operator of a nation-wide free terrestrial TV network, known as Channel 3.

An operator of 3 FM radio stations in Bangkok.

The owner of Thai popular web-sites “ThaiTV3.Com”; “BECNews.Com”

5

The Businesses:The Businesses:

Sourcing, Producing, Promoting

& Distributing Programmes:

Well established in Thai entertainment industry.

Huge Library, used mainly on Channel 3.

Expanding to other types of entertainment activities:

Live Shows, Sport Events, etc.

6

2007 Revenue:2007 Revenue:

Advertising Income

Copyright & Other Serices

Concerts & Shows

Advertising Revenues are dominant part of our revenues.

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TV Advertising Trend:TV Advertising Trend:

0

10,000

20,000

30,000

40,000

50,000

60,000Bt m

High Growth Rate – Recovers FastSource: AGB Nielsen Media Research

8

TV ADEX-2003-2006

TV Adex Ch.3 Ch.5 Ch.7 Ch.9 Ch.11 iTV Industry

2006 11,392 8,549 14,627 7,684 1,505 9,239 53,475

2005 10,392 8,238 14,010 6,956 1,171 9,244 50,011

2004 10,806 7,866 13,734 6,443 970 7,351 47,170

2003 10,857 7,923 12,030 4,554 996 5,928 42,288

’06 YoY 14.2% 3.8% 4.4% 10.5% 28.5% 17.3% 6.9%

'05 YoY -3.8% 4.7% 2.0% 8.0% 20.7% 25.8% 6.0%

'04 YoY -0.5% -0.7% 14.2% 41.5% -2.6% 24.0% 11.5%

Source: AGB Nielsen Media Research

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Advertising Expenditure Trends:Advertising Expenditure Trends:

Source: AGB Nielsen Media Research

ESTIMATED TOTAL ADVERTISING EXPENDITURE BY MEDIUM

2007 VS 2006

BAHT MILLIONS

MEDIA 2007 SOV% 2006 SOV% DIFF % Change

TV 53,484 58.13 53,473 59.59 11 0.02

RADIO 6,401 6.96 6,596 7.35 (195) (2.96)

NEWSPAPERS 15,286 17.20 15,425 17.19 401 2.60

MAGAZINES 5,903 6.42 6,179 6.89 (276) (4.47)

CINEMA 4,391 4.77 2,086 2.32 2,305 110.50

OUTDOOR 4,480 4.87 4,667 5.20 (187) (4.01)

TRANSIT 956 1.04 994 1.11 (38) (3.82)

IN STORE 570 0.62 314 0.35 256 81.53

TOTAL 92,010 100.00 89,735 100.00 2,275 2.54

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Source: AGB Nielsen Media Research

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

    CHANNEL3

    CHANNEL5

    CHANNEL7

    CHANNEL9

TITV     CHANNEL11

2007 2006

Advertising Spends on TV Advertising Spends on TV 2007 vs. 20062007 vs. 2006

Baht : Millions

+12.7%

+3.7%

+0.4%

-6.3%-10.7%

-27.1%

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Market Shares 2007:Market Shares 2007:

0

5

10

15

20

25

30

35

40

45

Ch.3 Ch.5 Ch.7 Ch.9 Ch.11 TiTV

% Share of adspend Share of viewers

Source: AGB Nielsen Media Research

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Baht:Millions 2007 +/- YoY Advertising 7,022 +14.9%

Copyright & Services 250 -15.1%

Concerts & Shows 513 +40.3%

Total Sales Revenue 7,786 +14.9%

2007 Highlights:2007 Highlights:

Net Earnings 2,252 +37.1%

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BEC WorldBEC WorldOperating ResultsOperating Results

BEC World 2007 Operating Results:

Operating Results ฿ Million  % +/- YoY

Total Sales Revenues 7,786 100% +908 +15%

Operating Costs

Cost of Services 2,776 38% -135 -5%

Cost of Shows 471 92% +94 +26%

Cost of Sales & Services 3,247 42% -37 -2%

Selling & Admin. Expenses 1,366 17% 34 +3%

Total Operating Costs 4,613 59% -3 -0%

Operating Profit 3,712 41% 1,015 +47%

Share of Associates' Results -60 -1% -64 -1754%

Other Income 182 2% 21 +13%

Profit Before Tax 3,294 42% 971 +42%

Corporate Income Tax 984 13% 324 +49%

Profit After Tax 2,310 30% 647 +39%

Profit of Minority's Interest 58 1% 38 +195%

NET PROFIT 2,252 29% 609 +37%

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Industry Reform:Industry Reform:

The Broadcasting Bill is now effective.

The reform is about to begin.

The reform is “blessing in disguised” for BEC as the industry will be more transparent and orderly.

Long awaited new investment opportunities in domestic market will be opened for BEC.

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0

500

1,000

1,500

2,000

2,500

    CHANNEL3

    CHANNEL5

    CHANNEL7

    CHANNEL9

TITV /TPBS

    CHANNEL11

2008 2007

Advertising Spends on TV Advertising Spends on TV JanJan && Feb 08 vs. JanFeb 08 vs. Jan && Feb 07Feb 07

Baht : Millions

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High Operating Leverage:High Operating Leverage:

As our operating costs and expenses are mostly fixed in nature, thus BEC World has high operating leverage.

Our profitability will improve greater than the growth rate of our revenue growth.

0.60

0.80

1.00

1.20

1.40

1.60

1.80

2.00

2.20

2.40

2.60

2.80

3.00

Revenue Profit

Revenue and Profit Growth

(1Q99 is BASE)

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BEC’s Dividend History:BEC’s Dividend History:

BEC World intends to grow its dividend as well as to retain high payout ratio.

With our ability to make profit and the fact that we normally generates more cash than the reported profit, thus these objectives are not that difficult.

Baht per share

฿0.25

฿0.50

฿0.75

฿1.00

฿1.25