SET Announcements

= Translation = (F53-5) The Report of Exercise of Warrants # 4 (CK-W1) Ch. Karnchang Public Company Limited Date 4 April 2005 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 24-25, 28-30 March 2005 2. Results of the exercise of warrants (Existing shareholders) Number of persons 22 Persons Exercised Warrants 8,302,120 Units The allotted ordinary shares 8,302,120 Shares The rest warrants after right exercising 182,591,029 Units 3. Results of the exercise of warrants (Directors and Employees) Number of persons 3 Persons Exercised Warrants 2,200,000 Units The allotted ordinary shares 2,200,000 Shares The rest warrants after right exercising 48,900,000 Units 4. Details of the exercise of warrant (Existing shareholders) Thai Investors Foreign investors Total Juristic Natural Juristic Natural Persons Persons Persons Persons Number of persons 3 18 1 - 22 Exercise Warrants 1,620 7,200,500 1,100,000 - 8,302,120 The allotted 1,620 7,200,500 1,100,000 - 8,302,120 Ordinary shares Percentage of total 0.00 3.43 0.52 - 3.95 Warrants offered 5. Details of the exercise of warrant (Directors and Employees) Thai Investors Foreign investors Total Juristic Natural Juristic Natural Persons Persons Persons Persons Number of persons - 3 - - 3 Exercise Warrants - 2,200,000 - - 2,200,000 The allotted - 2,200,000 - - 2,200,000 Ordinary shares Percentage of total - 4.19 - - 4.19 Warrants offered 6. Amount of money received from the share sale Total amount 47,259,540 Baht Less expenses - Baht Net amount received 47,259,540 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 companys ( Mr. Narong Sangsuriya ) seal affixed) Position Director____ ?? ?? ?? ??