SET Announcements

= TRANSLATION = Ref: CK-05-0000-PO-L-0200 July 12, 2005 Subject Use of Additional Capital from Warrant Exercise Attention President The Stock Exchange of Thailand Since CH. Karnchang Public Company Limited had its resolution for the Extra-ordinary of Shareholder No. 1/2546 on November 6, 2003, on additional capital registered for another Baht 262,500,000.- by issuing the new ordinary share for 262,500,000 shares. The aforesaid is to support the warrant issued to the existing shareholders and then the directors and employees as apportioned into 210,000,000 shares and 52,500,000 shares, supporting to the exercise of the existing shareholders, the directors and employees respectively. As the warrant will be existed for 3 years, the date of first exercise will be therefore from the last working date of June 2004 through the last working date of March 2007. The Company has scheduled the period for the intention of warrant for the first exercise through the fifth one whereby having the exercisers totaled 31,018,420 shares which valued Baht 4.50.- per share and receiving totally Baht 139,582,890.- for the exercised share value. Presently, the Company has already used the above-mentioned additional capital as for working capital of Baht 136,000,000.- and having amount of Baht 3,582,890.- left, in accordance with the company's objectives that has informed in the prospectus of warrant as to buy the ordinary share accordingly. For your information. Sincerely yours, = Signature = (Mr. Plew Trivisvavet) Chief Executive Officer