Report onthe Used of Capital Recived from Increase Capital

0874/2005 14 October 2005 Subject: Report on the Use of Capital Received from Increase Capital To: The Managing Director The Stock Exchange of Thailand Whereas Phatra Public Company Limited had allocated and offered 150,000,000 ordinary new shares from the Company's increase of registered capital to existing shareholders during the period 29 August 2005 to 2 September 2005 at the offering price of 2.30 Baht per share. A total of 147,369,569 shares were subscribed by them, resulting in the company receiving the total amount of 338,950,008.70 Baht. The entire amount thereof had been used to repay the short-term loan during the period 15-21 September 2005 in the amount of 400,000,000 Baht whereby the excess amount was taken from the company's existing working capital. Please be informed accordingly. Sincerely yours, Phatra Leasing Public Company Limited (Mr. Krirkchai Siribhakdi) President