REPORTS ON USE OF PROCEEDS FROM CAPITAL INCREASE

07 January 1997
Tanulux Plc. (TNL) reported on the use of proceeds from its capital increase as follows: Investment: buildings and machines in BOI project in Lamphun to expand production base of leather products Investment Value: Bt44 million Proceeds Spent Previously: Bt2,652,000 Proceeds Spent Recently: Bt15,212,704 Progress: Presently in process Investment: Equipments of "Hanger System" in order to boost production efficiency of plants to produce pants. Investment Value: Bt5 million Proceeds Spent Previously: - Proceeds Spent Recently: Bt4,690,097.55 Remaining: Bt309,902.45, further spent in the project to invest in Kunming Shenjian Fashion Dress in China Progress: Completed. Investment: Investment in Kunming Shenjian Fashion Dress in China Investment Value: Bt11 million Proceeds Spent Previously: - Proceeds Spent Recently: Bt11,445,250 Progress: Completed