SET Releases

(Translation) No. Tor. Hor. 009/1999 March 29, 1999 Subject : Announces a connected transaction Attention : Director and Manager of The Stock Exchange of Thailand Thanulux Public Company Limited would like to announce that a board of directors' meeting No. 19 held on Friday, March 26, 1999 passed resolutions concerning a connected transaction the details are as follows : 1. The date on which the transaction occurred : March 26, 1999. 2. The parties involved : Buyer : Thanulux Public Company Limited is the garment and leatherware business. Seller : Ramasorn Thaveekarn Co., Ltd. is the trading and holding company. 3. The general characteristics of the transaction : Acquisition of assets. 4. The details of the assets involved : - Buy a three-storeyed building, 17 rooms, builded on the company's land, amount Baht 15,000,000 which is located at 293 moo 4, Pasak Sub-district, Muang District, Lamphun. - Buy a three-storeyed building, 30 rooms, amount Baht 2,500,000 which is located at 276/11 Moo 5, Hnongkham Sub-district, Sriracha District, Cholburi. - Buy land with 2 units of three-storeyed commercial building, amount Baht 1,700,000 which are located at 662/8-9 Moo 5, Hnongkham Sub-district, Sriracha District, Cholburi. - Buy condominium No. 283/202-204 which are on tenth floor of building No. 1 within Lamchabang Tower Project, amount Baht 1,200,000, Sukla Sub-district, Sriracha District, Cholburi. 5. The total value of the assets acquired : Baht 20,400,000.- 6. The reasonfor the assets acquired : The dormitory for employees. 7. The sources of fund : The company's working capital. 8. The details of the connected persons and of related persons : Name Position in the company. Mr. Boonsithi Chokwatana - President of Thanulux Public Company Limited - President of Ramasorn Thaveekarn Co., Ltd. - A major shareholder of Ramasorn Thaveekarn Co., Ltd. Mrs. Varindr Leelanuwatana - Deputy managing director of Thanulux Public Company Limited - Deputy managing director of Ramasorn Thaveekarn Co., Ltd. Miss Dusadee Soontrontumrong - Executive director of Thanulux Public Company Limited - Executive director of Ramasorn Thaveekarn Co., Ltd. Please kindly acknowledge the above matters. Faithfully Yours, ............................................. (Miss Dusadee Soontrontumrong) Director