Report on The exercise of Warrants AP-W1

BackOct 02, 2006

October 2, 2006


Re.  :  Report on The exercise of Warrants (AP-W1)

Attn. :  Director and Manager
           The Stock Exchange of Thailand

            According to the allotment of warrants to purchase new ordinary
shares of the Company to existing shareholders on 15 August 2001,
each warrantholder could exercise warrants at the exercise ratio of 1 unit
of warrant : 1.00165 ordinary share, at the exercise price of Baht 1.- for
each new ordinary share on every last business day of  March, June,
September and December. The Company would like to inform that there
were 2 warrantholders, held 188,800 warrants, intended to buy 189,110
ordinary shares in Baht 1.-  each on 29 September, 2006.Therefore, the
outstanding amount of warrant is 2,681,580 units.

Please acknowledge the above matter.