SET Announcements

= Translation = Ref: CK-08-000-AFD-L-0056 12 March 2008 Subject: Declaration of Progress of Loans and Interest Repayment Attention: President The Stock Exchange of Thailand Ref:1) The Company's Letter No. CK-07-0000-AFD-L-0226 dated 25 April 2007 2) The Company's Letter No. CK-07-0000-AFD-L-0164 dated 29 May 2007 3) The Company's Letter No. CK-07-0000-AFD-L-0297 dated 27 December 2007 4) The Company's Letter No. CK-07-0000-AFD-L-0584 dated 28 December 2007 Reference is made to the fact that CH.Karnchang Public Company Limited "Company" has issued a declaration letter of the additional information of the consolidated financial statements ended 31 December 2006 on loans in item 11(in proportion to the company's interest in the joint- venture) of the Notes to Consolidated Financial Statements of the Company as followed. 1) Joint Venture CKAE Consortium as planned to receive a totaled loans repayment within no later than 31 December 2008. Unit : Million Baht Best Plan Modern Construction Technology Co., Ltd. Material Co., Ltd. Principal Interest Principal Interest First loan 24.5 - 24.5 - Loans during first loan-end of 2006 239.7 84.7 423.1 148.1 Receivable repayment during first loan-end of 2006 (54.5) (19.8) (55.6) (90.9) Balance as of 31 December 2006 209.7 64.9 392.0 57.2 Interest during the period - 30.6 - 54.7 Repayment during the period - - - - Balance as of 31 March 2007 209.7 95.5 392.0 111.9 Repayment as planned (30 April 2007) - (19.8) - - Balance 209.7 75.5 392.0 111.9 Unit : Million Baht Best Plan Modern Construction Technology Co., Ltd. Material Co., Ltd. Principal Interest Principal Interest Interest during the period - 6.7 - 11.4 Repayment during the period - (25.7) (260.3) (123.1) Balance as of 31 July 2007 209.7 56.7 131.7 0.2 Interest during the period - 5.0 - 3.1 Repayment during the period - (19.8) (5.9) (1.0) Balance as of 31 October 2007 209.7 41.9 125.8 2.3 Interest during the period of November 2007 to February 2008 - 6.6 - 1.3 Repayment during the period - - (113.7) (3.3) Balance as of 29 February 2008 209.7 48.5 12.1 0.3 2) Joint Venture CKET Consortium as planned will receive at least a half of loans repayment within no later than 31 December 2008 and the rest will be paid totally within 30 June 2009. Rayong Real Private Inter Estate Co., Ltd Construction Co., Ltd. Principal Interest Principal Interest First loan 152.0 - 160.0 - Loans during first loan-end of 2006 1,048.0 231.9 44.0 29.9 Receivable repayment during first loan-end of 2006 (79.1) (25.6) (60.6) (12.1) Balance as of 31 December 2006 1,120.9 206.3 143.4 17.8 Interest during the period - 70.4 - 9.1 Repayment during the period - - - - Balance as of 31 March 2007 1,120.9 276.7 143.4 26.9 Repayment during April 2007 - - - - Balance as of 31 March 2007 1,120.9 276.7 143.4 26.9 Interest during the period - 32.6 - 4.1 Receivable repayment during the period - (170.5) - (24.2) Balance as of 31 July 2007 1,120.9 138.8 143.4 6.8 Interest during the period - 24.4 - 3.1 Repayment during the period - (14.6) (0.7) (7.5) Balance as of 31 October 2007 1,120.9 148.6 142.7 2.4 Interest during the period of November 2007 to February 2008 - 31.7 - 4.0 Repayment during the period - - - (2.4) Balance as of 29 February 2008 1,120.9 180.3 142.7 4.0 Moreover, Rayong Real Estate Company Limited "RY" has already informed of itsprogress of the operation for RY's immovable property development project named Wangjuntr Golf Park project which located at 129 Moo 6 Tambol Pa Yoob Nai, Amphur Wang Chan, Ra-Yong Province. This project has planned to develop to be a golf course with 54 holes divided into 3 phases including club house as well as lodging and resort of which to be sold for members and also sell some parts of land in the future. However, as the public utility development plan approaching to the government sector has not yet reached its target, such development therefore has been delayed and enable the project to be not completed entirely. At present, this project has been in the process for the specialist to have a course test for some parts especially Phase I and Phase II zones of golf course as to prepare for its readiness and must take some time for an official opening for the whole project. In this regard, such development project operation has been completely operated around the percentage of 30 of the plan. Moreover, since the opening test for service presently has not yet received its income at the normal rate and such income has to pay for interest to the joint ventures accordingly. However, RY has proceeded to gradually repay interest to the joint ventures. 3) As the Company has already informed to sell the ordinary shares of Bangkok ConcreteIndustry Company Limited (Subsidiary) "BCI" to Widen Holding Company Limited as referred to 3), theCompany hereby informs further concerning the loans burden of BCI with the Company as at 31 December 2007 as detailed below. Unit : Million Baht Amount Loans 111.40 Receivable interest 10.9 Receivable from sales of construction materials and others 66.4 188.7 For the progress of repayment of BCI as above lists as at 29 February 2008 of which the Company has not yet received. However, the Company expects to receive a repayment completed within June 2009 and such loan also has got Widen Holding Company Limited as a whole guarantor with the Company. Hence, kindly be informed accordingly. Yours faithfully, = Signature = (Mr. Prasert Marittanaporn) Director and Executive Vice President : Finance and Accounting