CS LoxInfo Public Company Limited 4Q 04 Mini-info Meeting 21 February 2005.

CS LoxInfo Public Company Limited

4Q 04 Mini-info Meeting

21 February 2005

Contents

Financial Highlights

Operational Highlights

Questions & Answers

2

Consolidated Financial Highlights 2004

• Consolidated revenue for 2004 is 2,004 million baht increases 66% compared to 2003

• Consolidated Net profit is 328 million baht increases 321% compared to 2003

• Net profit margin for 2004 is 16% due to the high profit margin from Yellow Pages business

• BOD proposed to Shareholders’ to pay dividend 0.25 B/Share for 2nd 2004

3

Leased line product

1,461 clients representing 45 % of total ISP revenue

6% Q-on-Q subscriber growth

ARPU 38,942 Bt/month

Subscribers

Strategy

- Offer Internet consulting service

- More engineering support to fulfill

customer expectation

0

200

400

600

800

1,000

1,200

1,400

1,600

2001 2002 2003 q1'04 q2'04 q3'04 q4'04

0

10,000

20,000

30,000

40,000

50,000

60,000

Subscriber ARPU

As of 31 December 04 Bt/month

4

Broadband product (ADSL,IPSTAR,IPTV,ISDN)

8,677 Broadband clients representing 14% of total ISP revenue

49% Q-on-Q subscriber growth

ARPU ( 2,073 Bt/month)

Subscribers

01,0002,0003,0004,0005,0006,0007,0008,0009,00010,000

2001 2002 2003 1q/04 2q/04 3q/04 4q/04

0

1,000

2,000

3,000

4,000

5,000

Subscriber ARPU

Strategy

- Offer Multi Mode service which user can

use a single User ID and Password to

access ADSL, Dial-up and Hot Spot

- Provide 100 MB Mail box with Virus scan

and Spam filtering

As of 31 December 04 Bt/month

5

Dial up Product (Narrow band)

322,135 subscribers representing 41 % of total ISP revenue

3% Q-on-Q Subscribers drop

ARPU ( 163 Bt/month) Avg of prepaid and postpaid subscriber

Subscribers

0

100,000

200,000

300,000

400,000

2001 2002 2003 1q/04 2q/04 3q/04 4q/04

0

40

80

120

160

200

Subscriber ARPU

Strategy

Post-paid : - Offer 100 MB Mail box with Virus

scan and Spam filtering

Pre-paid : - Offer 25 MB Mail box and plan to

provide Virus scan and Spam filtering

- Explore more convenience buying

channels such as Mpay, E-Banking

As of 31 December 04 Bt/month

6

Operational Highlights – Yellow Pages business

• 2005 Sales Canvas Revenue increased as projected

(Note : will effect accounting revenue from 1st March – 31 Dec 05)

(Note : Actual Sales Revenue to be announced later)

• Average Revenue Per Advertiser (ARPA) improved due to enhancement of product concept (one book) and Branding Exercise

• Launching of new Voice Business (1188, 1900 XXX, Audio Tex) to

- Complement Print Yellow pages Product

- Generate new revenue streams

• Some smaller advertisers who do not serve the entire Bangkok Market, stayed out.

7

9

Online Yellow Pages new look

10

Search Engine: search criteria What?

11

Search Engine: search criteria What? Result pages

12

Disclaimer

“This document contains certain forward-looking statements. They refer to future events and to the future financial

performance of the Companies. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”,

“estimate”, “anticipate”, “believe” or “continue”. Although the Companies believe that the expectations reflected in such forward-looking statements are reasonable at this time, it can

give no assurance that such expectations will prove to be correct. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.”

13

Questions & Answers

14

Financial Reports

15

Note : Q4 ’0 4 : CSL 3 Mth + Loxserve 3 Mth + TMC 3 Mth(6 3 .2 5 %)

304 3 3 3Q ’ : CSL Mth + Loxserve Mth + TMC Mth6325( . %)

403 3 3Q ’ : CSL Mth + Loxserve Mth

Consolidated Income statement - Quarterly

16

Unit : Million Baht

% qoq % yoy

Revenue 546 100% 527 100% 354 100% 4% 54%

Cost of sales and services 287 53% 261 50% 216 61% 10% 33%

Gross margin 259 47% 266 50% 138 39% -3% 88%

Selling admin exp. 179 33% 157 30% 103 29% 14% 74%

Net profit fr. Operation 80 15% 109 21% 35 10% -27% 129%

Interest/MI 1 0% 1 0% 7 2% 0% -86%

Net profit 79 14% 108 20% 28 8% -27% 183%

EPS (Baht) 0.12 0.17 0.06 -29% 100%

Q4'03Q3'04Q4'04

Consolidated Income statement - Yearly

Note : 2004 : CSL 12 Mth + Loxserve 12 Mth + TMC9 Mth (63.25%)

2003 : CSL 12 Mth + Loxserve 9 Mth

17

Unit : Million Baht

%

Revenue 2,004 100% 1,209 100% 66%

Cost of sales and services 1,055 53% 796 66% 33%

Gross margin 949 47% 413 34% 130%

Selling admin exp. 614 31% 309 26% 99%

Net profit fr. Operation 335 17% 104 9% 222%

Interest/MI 7 0% 26 2% -73%

Net profit 328 16% 78 6% 321%

EPS (Baht) 0.55 0.16 244%

YEAR 2004 YEAR 2003

Segment Results

18

Unit : Million Baht

Q4'04 Q3'04 Q4'03 Q4'04 Q3'04 Q2'04

Revenues 363 359 339 169 154 145

Segment results 17 50 28 56 52 22

Media & AdvertisingInternet

Consolidated Balance Sheet as of

19

Unit : Million Baht

%

Cash & cash eqivalent 1,018 40% 234 23% 335%

Other current assets 632 25% 304 30% 108%

PPE & Network under concession 402 16% 367 37% 10%

Goodwill 458 18% 58 6% 690%

Other non-current assets 51 2% 42 4% 21%

Total assets 2,561 99% 1,005 100% 155%

Unearned income 274 11% 128 13% 114%

Other current liabilities 382 15% 287 29% 33%

Non-current liabilities 6 0% 21 2% -71%

Total liabilites 662 26% 436 43% 52%

Total equity 1,899 74% 569 57% 234%

20032004

Consolidated Financial Ratios

20

2004 2003

Gross margin (Bt Million) 949 413Gross margin 47% 34%

EBITDA margin (Bt Million) 574 308EBITDA margin 29% 25%

Net profit margin (Bt Million) 328 78Net profit margin 16% 6%

Total Liabilities / Equity 0.35 0.77