Clarification of change in the Operation results excess 20%

No. 0394/2551 14 August 2008 To: Director and Manager The Stock Exchange of Thailand Subject:Clarification of the change in the operating results according to thefinancial statements (profit and loss statements) in excess of 20% of net profit for the third quarter ended 30 June 2008 The Company's operating results showed a net profit of Baht 73.83 million in the financial statements for the period ended 30 June 2008, being an increase in the net profit of Baht 31.66 million or 75.08% compared to the net profit of Baht 42.17 million for the period ended 30 June 2007, or in excess of 20%. The Company would accordingly like to clarify the reasons for this change as follows:- 1.The Company's earnings from gain on the disposal of assets held for lease and property foreclosed in the year 2008 increased compared to the same period in 2007 of Baht 15.24 million or 85.01%. This is due to the fact that the volume of the rental leased termination type with no option to buy in the year 2008 is greater than the same period in 2007, reflecting in the Company making an increase in profit from the sale of assets held for lease and property foreclosed. 2.The Company's income tax for the year 2008 reduced in the amount of Baht 18.02 million from 2007 or 98.88% due to the corporate tax exemption according to the Notification of the Director of the Revenue Department (No. 156) on money paid as investment at the rate of 25% of the actual amount paid during the relevant accounting period. The Company has accordingly exercised the right under such Notification in the computation of its corporate income tax for the year 2008, reflecting in the reduction of its corporate income tax. Accordingly for your kind attention. Yours sincerely, (Mr. Krirkchai Siribhakdi) President