SET Announcements

Ch Karnchang Plc announced utilisation of proceeds as follows: 1. Bt2,226 m ; Objectives Spending amount spending spending Balance stated in prospectus dated dated dated Dec31,96 Jan1-Dec31,97 Dec31,97 -working capital in 950,000,000 950,000,000 - - construction works -purchase fixed assets 950,000,000 677,614,489 130,367,200 142,018,311 , such as machineries -repay for loans 300,000,000 300,000,000 - - -improvement of 26,000,000 26,000,000 - - machineries total 2,226,000,000 1,953,614,489 130,367,200 142,018,311 2. Bt700 m from offering shares to existing shareholders: Objectives Spending amount spending spending Balance stated in prospectus dated dated dated Dec31,96 Jan1-Dec31,97 Dec31,97 -investments in 500,000,000 50,000,000 400,000,000 50,000,000 construction of Bangna- Bangpli-Bangpakong expressways -working capital 200,000,000 200,000,000 - - Total 700,000,000 250,000,000 400,000,000 50,000,000