SET Announcements

= Translation = Ref: CK-08-000-AFD-L-0180 27 August 2008 Subject: Declaration of Progress of Loans and Interest Repayment (Additional RY's Progress) 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 20008 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 January to December 2007 - 45.6 - 70.3 Repayment during the period January to December 2007 - 65.3 (379.9) (127.5) Balance as of 31December 2007 209.7 45.2 12.1 - Unit : Million Baht Best Plan Modern Construction Technology Co., Ltd. Material Co., Ltd. Principal Interest Principal Interest Interest during the period January to March 2008 - 4.9 - 0.3 Repayment during the period January to March 2008 - (3.9) (.76) (0.2) Balance as of 31 March 2008 209.7 46.3 11.3 0.1 Interest during the period April to June 2008 - 5.0 - 0.3 Repayment during the period April to June 2008 - (1.1) - - Balance as of 30 June 2008 209.7 50.1 11.3 0.4 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. Unit : Million Baht 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 January to December 2007 - 143.5 - 18.3 Repayment during the period January to December 2007 - (185.0) (0.7) (34.0) Balance as of 31 December 2007 1,120.9 164.8 142.7 2.1 Interest during the period January to March 2008 - 23.4 - 2.9 Repayment during the period January to March 2008 - - - - Balance as of 31 March 2008 1,120.9 188.2 142.7 5.0 Interest during the period April to June 2008 - 24.3 - 3.1 Repayment during the period April to June 2008 - - - - Balance as of 30 June 2008 1,120.9 212.5 142.7 8.1 Consequently, the land development procedure in construction of Golf Course, Resort,Golf Club and immovable property development of the premium grade have been sold out of those buildings which have been already completed approximately 33 %. However, there have not yet had any income from the golf course development at present and there also have not had any further progress until now. 3) As the Company has already informed to sell the ordinary shares of Bangkok Concrete Industry Company Limited (Subsidiary) "BCI" to Widen Holding Company Limited as referred to 3), 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.The Company hereby informs further concerning the loans burden of BCI with the Company as at 31 March 2008 as detailed below. Unit : Million Baht Loans - Bangkok Concrete Industries Co., Ltd. Principal Interest Balance as of 31 December 2007 111.4 10.9 Interest during the period January to March 2008 - 2.0 Repayment during the period January to March 2008 - - Balance as of 31 March 2008 111.4 12.9 Interest during the period April to June 2008 - 2.0 Repayment during the period April to June 2008 - - Balance as of 30 June 2008 111.4 14.9 Unit : Million Baht Account receivable - Bangkok Concrete Industries Co., Ltd. Balance as of 31 December 2007 66.3 Repayment during the period January to March 2008 - Balance as of 31 March 2008 66.3 Repayment during the period April to June 2008 - Balance as of 30 June 2008 66.3 Hence, please kindly be informed accordingly. Yours faithfully, = Signature = (Mr. Prasert Marittanaporn) Director and Executive Vice President : Finance and Accounting 3