HMC Appoints Adkins as Joint-Managing Director

Horizon Mobile Communications (“HMC”) is pleased to announce that Mr. Philip Adkins has joined HMC as Managing Director with effect from April 16, 2003. Philip brings more than 30 years extensive experience in senior executive roles as a Managing Director, main Board Director (of a public company) and as a Senior Vice President in multi-national companies in both the maritime and finance sectors. Philip has worked in the shipping industry for P & O Plc (UK) and Jebsens Rederi (Norway) and is qualified as a Chief Engineer (First Class). In 1986 he was invited to join ANZ McCaughan Dyson Securities in the City of London and later, Banque Paribas Capital Markets as a Senior Pan-European telecommunication and energy analyst. After a period as a corporate development consultant, Philip came to Thailand with Standard Chartered Securities in 1995 and was appointed their Chief Representative in 1996. He joined Seamico Securities Plc as a Senior Vice President in their corporate finance department in April 1998 and worked on many major projects involving mergers and acquisition, capital raising, public company listing and corporate valuation/strategy reviews.