Clarification of change in the Operation results excess 20%

No. 310/2552 Date: May 13, 2009 To: The Director and Manager The Stock Exchange of Thailand Re: Explanation in relation to the reason of change of the operation result according to the Financial Statement in the amount exceeding 20% of the net profit for the second quarter ended March 31, 2009 According that the Company has presented the operation result of the Financial Statement for the second quarter ended March 31, 2009, the Company has the net profit of Baht 57.55 Million. In comparison with the net profit of the second quarter ended March 31,2008, the Company had the net profit of Baht 44.97 Million. In this regard, the net profit ofthe Company has been increased to the amount equal to Baht 12.58 Million or 27.97 percent, which have been changed more than 20 per cent. Therefore, the Company wouldexplain to you with the reason of such change as follows:- The Company's earnings from gain on the disposal of assets held for lease andproperty foreclosed of Year 2009 increased from the Year 2008 in the amount of Baht 21.80 Million or equal to 245.86 per cent because the amount of all assets under the lease agreements, which have been expired in 2009, are more than the amount of assets in 2008.As a result, the Company's profit has been increased from gain on the disposal assets held for lease and property foreclosed. Therefore, it is presented that the net profit from the operation result of the Company has been increased to 27.97 per cent, when compared with the same installment period of the last year. Please be informed accordingly. Sincerely Yours, (Mr. Pipop Kunasol) The Managing Director