Operation Reuslt F/S Q1'2007

TRANSLATION

No. F/50 -

15 May 2007

Subject : Financial Statements Submission

Attention : Managing Director Stock Exchange of Thailand

Attachment : Financial statements for the first quarter ended 31 March 2007

Thai Factory Development Public Company Limited (the Company) would like to submit the financial statements for the first quarter ended 31 March 2007 and the operational performance including the financial position of the Company and its subsidiaries in comparison with the same period of the year 2006 as follows.

The Company's operational performance for the first quarter of 2007 showed a net loss of Baht 13.94 million compared to that of the year 2006 which showed a net profit of Baht 42.92 million. This resulted mainly from gain on sale of investment units in Thai Industrial Fund 1 (TIF1) amounted Baht 53.28 million had been realized in 2006.

 

Faithfully yours,

(Mr.Apichai Taechaubol)
Managing Director