SET Announcements

= TRANSLATION = Ref: CK-07-0000-PO-L-0004 January 17 , 2007 Subject Use of Additional Capital Attention President The Stock Exchange of Thailand Reference is made to the fact that 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 eleventh exercise whereby having the exercisers totaled 67,113,020 shares which valued Baht 4.50.- per share and receiving totally Baht 302,008,590.- for the exercised share value. Presently, the Company has already used the above-mentioned additional capital as for working capital of Baht 280,845,131.62 and having amount of Baht 21,163,458.38 left, in accordance with the Company's objectives that has informed in the prospectus offering to sell warrant as to purchase the ordinary share accordingly. The General Ordinary Shareholder Meeting of 2005 dated April 7, 2005 resolved to approve the Company to increase its registered capital for Baht 137,500,000, divided into 137,500,000 shares at a par value of Baht 1 per share that to be the registered capital of Baht 1,450,000,000 divided into 1,450,000,000 shares at a par value of Baht 1 per share. This is to allocate 3,500,000 ordinary shares reserved for the warrant exercise in order to purchase the Company's ordinary shares (CK-W1) and to allocate the remaining ordinary shares of 134,000,000 shares offering to sell for private placement or for institutional investors in accordance with the Notification of the Securities and Exchange Commission. The Company has afterwards sold out of the increasing ordinary shares for private placement who are the institutional investors for 134,000,000 shares at a par value of Baht 10.76 that receiving the totaled share value of Baht 1,441,840,000. Such procedure would not affect the right to warrant exerciser and that is to adjust right which the exercise ratio may be increased from the existing exercise so this should not allocate the 3,500,000 ordinary shares reserved for the mentioned warrant exercise. The Company has already used the money in expanding on business and as the working capital of the Company for Baht 602,845,147.64 and balanced for Baht 838,994,852.36 in accordance with the Company's objectives. Hence, please be informed accordingly. Sincerely yours, = Signature = (Mr. Plew Trivisvavet) Chief Executive Officer