SET Announcements

= Translation = Ref. No.CK-04-0000-PO-L-0202 8 July 2004 Subject : Amendment for the Report of Exercise of Warrants # 1 (CK-W1) Attention : Director and Manager of The Stock Exchange of Thailand With reference to the Company that had informed for the Report of Exercise of Warrants # 1 (CK-W1) on July 6, 2004. Since there have been the erroneous concerning the number of the exercisers and details of the exercise of warrants. The Company therefore hereby cancel the aforesaid Report of Exercise of Warrants # 1 (CK-W1) dated July 6, 2004 and to be substituted with the Report as attached herewith. For your information. Sincerely yours, = Signature= (Mr. Plew Trivisavavet) Managing Director The Report of Exercise of Warrants # 1 (CK-W1) Ch. Karnchang Public Company Limited Date 8 July 2004 1. Information regarding Exercise of warrants Type of securities Warrants (CK-W1) Number of offered 262,400,649 units Offered to Existing shareholders 209,900,649 units Offered to Directors and Employees 52,500,000 units Exercise Ratio & price 1 warrant for 1 ordinary share at the price of Baht 4.50 per share Subscription period 23-25, 28, 29 June 2004 2. Results of the exercise of warrants (Existing shareholders) Number of persons 32 Persons Exercised Warrants 4,621,800 Warrants The allotted ordinary shares 4,621,800 Shares 3. Results of the exercise of warrants (Directors and Employees) Number of persons - None - 4. Details of the exercise of warrant Thai Investors Foreign investors Total Juristic Natural Juristic Natural Persons Persons Persons Persons Number of persons 1 29 1 1 32 Exercise Warrants 150,000 4,411,200 60,000 600 4,621,800 The allotted 150,000 4,411,200 60,000 600 4,621,800 Ordinary shares Percentage of total 0.07 2.10 0.03 0.00 2.20 Warrants offered 5. Amount of money received from the share sale Total amount 20,798,100 Baht Less expenses - Baht Net amount received 20,798,100 Baht The company hereby certifies that the information contained in this report is true and complete in all respects. Signed ____(signature)________ Authorized Director (_Mr. Plew Trivisvavet_) (The Authorized Position Managing Director Director who are authorized to sign on behalf of the company Signed ____(signature)________ Authorized Director with the company's ( Mr. Narong Sangsuriya ) seal affixed) Position Director____