SET Announcements

(Translation) Ref. CK-07-0000-PO-L-0173 July 25, 2007 Subject: Notification of Issuance and Offering of Debentures Attention: The President of the Stock Exchange of Thailand By resolution of the 2006 Annual Ordinary General Meeting of Shareholders of CH. Karnchang Public Company Limited, on April 28, 2006, the Company shall issue and offer debentures within the value of not exceeding Baht 3,000,000,000 (Three Billion Baht). Consequently, the Company has already offered debentures of Baht 2,000,000,000 (Two Billion Baht) whereby having non-offered debentures of Baht 1,000,000,000 (One Billion Baht). According to resolution of the 2007 Annual Ordinary General Meeting of Shareholders of CH. Karnchang Public Company Limited on April 30, 2007, the Company shall issue and offer debentures within the value of not exceeding Baht 3,000,000,000 (Three Billion Baht) as per the details in such resolution of the Ordinary General Meeting of Shareholders, which was already informed. The Company hereby informs you that the Company has issued and offered the foregoing debentures, as per the following details: 1. Debentures of CH. Karnchang Public Company Limited No. 1/2007 due 2010: The Company has already submitted the registration statement and draft prospectus to the Office of the Securities and Exchange Commission, and such documents have become effective. Furthermore, the Company has offered the debentures to general investors and institutional investors by opening for subscription during July 25-26, 2007, as per the following details: Issuer: CH. Karnchang Public Company Limited Type of Debentures: Unsubordinated and unsecured debentures with name- registered certificates and a debenture holders' representative Offered Amount: 2,000,000 units (two million units) Par Value per Unit: Baht 1,000 (One Thousand Baht) Offering Price per Unit: Baht 1,000 (One Thousand Baht) Offered Value: Baht 2,000,000,000 (Two Billion Baht) Objective: For use of business expansion and working capital in the Company Operation Issuance Date: July 26, 2007 Tenor and Interest: Tenor: 3 years from the issuance date Maturity date: July 26, 2010 Interest rate: 5.25 percent per annum Credit Rating of Debt "BBB+"(Triple B Plus) as rated by TRIS Rating Co., Ltd. Instrument: Underwriter: Bank of Ayudhya Public Company Limited Debenture Holders' BankThai Public Company Limited Representative: Debenture Registrar and BankThai Public Company Limited Paying Agent: Please be informed accordingly. Very truly yours, (Mr. Anukool Tuntimas) Executive Vice President Human Resource and General Administration 2