SET Announcements

Ref: CK-04-0000-AFS-L-0288 August 16th, 2004 Subject : Declaration of Operating Result of 2nd Quarter Ended June 30, 2004 Compared with the 2nd Quarter Ended June 30, 2003 Attention : President The Stock Exchange of Thailand CH.Karnchang Public Company Limited, Subsidiaries and joint ventures have the operation result of the three month period and six months period as of June 30, 2004 reached the profit increased to 80.5 % and 149.9% respectively compared with the same fiscal year of 2003 due to the following factors : 1. In the 2nd Quarter of this year, three months period, the company has the profit from the increased dividend while the interest was decreased resulting from the reduced interest rate of one joint venture and from loan repayment of another joint venture. 2. The company has increased income from the construction work in the Second Quarter of the year 2004, six months period, when compared with the same quarter of last year. Since the new projects in the second of the Quarter of 2003 had been started quite a while, including that the previous projects are nearly ended. Besides, the company has profit from the exchange rate, whereas in the same fiscal year of last year the company got loss. For your consideration. Sincerely yours, (Mr.Plew Trivisvavet) (Mrs.Saikasem Trivisvavet) Directors