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Information Regarding The Exercise Of TFD-W1

BackJun 15, 2005




                              Translation

Ref. AIT/05-302
                                   June 15, 2005


Subject: Information regarding the exercise of TFD-W1
To: All Warrant Holders

Thai Factory Development Public Company Limited would like to
report on the information regarding the process of exercising
the TFD-W1 as the following details.

1. Date and time for submission of Exercise Intention
      The submission period shall be on working day from the 23rd to
      the 29th June 2005 during the hours of 9:00 A.M. to 4:00 P.M.
2. Exercise date
      For the end of 2nd Quarter 2005, the exercise date is
      June 30, 2005.
3. Exercise Price
      Baht 1 per share
4. Exercise Ratio
      1 warrant for 1 ordinary share
5. Documents to be submitted
   5.1  The completed subscription form
   5.2  Warrant certificate or the substitution of warrant
        certificate (for scripless)
   5.3  Cheque, draft, or bank order collectable
          within Bangkok
          Metropolitan made
          payable to account
         TFD for Account of
          Share Subscription
   5.4  Documents for warrant exercise
        a) Thai nationality natural person : A certified correct copy
            of identification card
        b) Foreign nationality natural
           person               : A certified correct copy
                                                                of the Affidavit
       c) Juristic person, established
          in Thailand                               : A certified correct copy
                                                                of the company
                                                                issued by
                                                                Ministry of
                                                                Commerce
                                                                together  with
                                                                the evidence
                                                                of the
                                                                authorized
                                                                persons as
                                                                specified in
                                                                the clause
                                                                (a) or (b)
       d) Juristic person, established
          outside Thailand                         : Juristic registration with
                                                                notary public
                                                                certification
                                                                together with
                                                                the evidence
                                                                of the
                                                                authorized
                                                                persons as
                                                                specified in
                                                                the above
                                                                clause a or
       b                                                              
                                                               
6. Contact Place
      Finance and Accounting Department
      Thai Factory Development Public Company Limited
      Head office, 10th floor, JC Kevin Tower,
      98 Narathiwat-Rachanakarin Rd.,
      Yannawa, Sathorn, Bangkok 10120
      Tel.  (662) 676-4031
      Fax. (662) 676-4038-9


Please be informed accordingly.
  
  
                                       Faithfully Yours,




                              Ms. Siriphon  Pinprayong
                           Assistant Managing Director
                  Administration Information Technology
                                                        


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