Audited Yearly F/S And Consolidated F/S (F45-3)

(Audited Yearly F/S and Consolidated F/S (F45-3))
        Reports: Audited yearly and consolidated statements as follows.
                        Name THAI FACTORY DEVELOPMENT PUBLIC COMPANY LIMITED

                                             Audited
                                           (In thousands)
                                   Ending   31 December
                                             For year
                Year                       2004            2003

        Net profit (loss)                44,499     (49,416)
        EPS (baht)                       0.07000     (0.10000)

     Auditors Opinion:
        Unqualified Opinion


   Comment: 1. Please see details in financial statements, auditor's report
            and remarks from SET SMART

      "The company hereby certifies that the information above is correct
       and complete. In addition, the company has already reported and
       disseminated its financial statements in full via the SET Electronic
       Listed Company Information Disclosure (ELCID), and has also submitted
       the original report to the Securities and Exchange Commission."

                           Signature ___________________________
                               ( Mr.Apichai Taechaubol )
                           Position Managing Director

                         Authorized to sign on behalf of the company