The Results of the Sale of Shares (ESOP)

BackDec 18, 2006

(F 53-5)

Form of Report to the Exchange of the Results of the Sale of Shares Asian Property Development Public Company Limited

Date 15 December 2006

1.Information relating to the share offering

Category of share offered New ordinary shares of Asian Property Development Public Company Limited
Number of share offered 10,000,000 shares
Offered to Employees of the Company and its subsidiaries
Price per share Baht 3.60 per share
Subscription and payment period 14th December 2006

2.Results of the sale of shares :

[ / ] totally sold out
[ ] partly sold out, with______-______ shares remaining. The company will deal with the remaining shares as follows ....-..............................................

3.Details of the sale

Thai investors
Foreign investors
Total
Juristic Persons
Natural Persons
Juristic Persons
Natural Persons
No. of persons
-
178
-
-
178
No. of shares subscribed
-
10,000,000
-
-
10,000,000
% of total shares offered for sale
-
100
-
-
100

4.Amount of money received from the sale of shares

Total Amount 36,000,000 Baht
Less Expenses 150,000 Baht
Net Amount Received 35,850,000 Baht

The company hereby certifies that the information contained in this report is true and complete in all respects.

Signed ...................................... Authorized director
Mr.Anuphong Assabhokhin
Position Chief Executive Officer 		Signed ...................................... Authorized director
Mr.Pichet Vipavasuphakorn
Position Managing Director