SET Releases

(Translation) No.Thor. Hor. 038/2547 October 18, 2004 Subject : The Capital Decreasing of The Company's Subsidiary Attention : Director and Manager of the Stock Exchange of Thailand According to the approval of S. Apparel Co., Ltd. on the 3rdand 4th extra ordinary shareholder meetings dated September 20, 2004 and October 8, 2004 respectively informed that the company agreed to decrease the r egistered capital from Baht 56.0 million to Baht 20.0 million. The reason for that is; to restructure the company's registered capital and size, due to the company's has present working capital is more than its demand. Then, the company agrees to decrease the capital as the above mention. The amount of those decreased capital will be paid to the shareholders as their proportions of shares. Thanulux Public Company Limited holds 80% of shares in S. Apparel Co., Ltd. Therefore, the company would informed the decreasing registered capital of the company's subsidiary, for your acknowledgement. Yours sincerely, Dusadee Soontrontumrong (Ms. Dusadee Soontrontumrong) Deputy Managing Director