INVESTMENT IN MORGAN DE TOI (THAILAND) LIMITED

11 April 2003
(Translation) No. Tor Hor. 014/2003 April 10, 2003 Subject : Investment in MORGAN DE TOI (THAILAND) LIMITED Attention : Director and General Manager of The Stock Exchange of Thailand Thanulux Public Company Limited would like announce that the board of director's meeting No. 10/2003/2000 held on April 10, 2003, a resolution was passed to allow the company to invest in MORGAN DE TOI (THAILAND) LIMITED which is a new company as following detail : 1. The date on which the transaction occurred : April 10, 2003 2. The details of assets acquired : Securities - The company name : MORGAN DE TOI (THAILAND) LIMITED - The nature of the business : Distributor of Apparel under brand "MORGAN" - Registered capital : Baht 25,000,000, classified into 250,000 shares, of value Baht 100 each - Paid-up capital : 250,000 shares - Number of securities acquired : 39,993 shares - Price per share (unit) : Baht 100 - Total amount : Baht 3,999,300 - Proportion of securities holding before : 0% of registered capital - Proportion of securities holding after : 16% of registered capital 3. The benefit expected to be received : Dividend benefit 4. The sources of funds : Working capital 5. The volume of the transaction : 0.23%, not coming under stipulation on assets acquisition or disposal criteria for set listed companies Please kindly acknowledge the above matters. Faithfully Yours, Dusadee Soontrontumrong (Miss Dusadee Soontrontumrong) Director