Operating result Q3' 2006

TRANSLATION

No. F/2006 -

14 November 2006

Subject : Financial Statements Report

Attention : Managing Director Stock Exchange of Thailand

Attachment : Financial statements for the third quarter ended 30 September 2006

The Company would like to submit the interim financial statements for the third quarter ended 30 September 2006 which have been reviewed by the auditor for you information as follows.

The operational performance for this quarter showed a net profit of Baht 11.303 million in comparison with the same quarter of last year which recorded a net profit of Baht 1.408 million. This resulted mainly from current year factory rental income was increased after the Company had sold out a big lot of factories to a property fund last year on one part, and an increasing in room service income of a subsidiary on another part.

Faithfully yours,

(Mr.Apichai Taechaubol)
Managing Director