21 กรกฎาคม 2542

REPORT THE RESULTS OF SHARE OFFERING (PP)

(F53-5) Page 1 of 3 Pages SANSIRI PUBLIC COMPANY LIMITED REPORTS THE RESULTS OF THE SHARE OFFERING 20 July 1999 Whereas the Company had already decreased the registered capital of the Company from Baht 3,312,991,260 (Three Thousand, Three Hundred and Twelve Million, Nine Hundred and Ninety One Thousand, Two Hundred and Sixty Baht) to Baht 794,743,810 (Seven Hundred and Ninety Four Million, Seven Hundred and Forty Three Thousand, Eight Hundred and Ten Baht); and Increased the registered capital of the Company from Baht 794,743,810 (Seven Hundred and Ninety Four Million, Seven Hundred and Forty Three Thousand, Eight Hundred and Ten Baht) to Baht 13,294,143,810 (Thirteen Thousand, Two Hundred and Ninety Four Million, One Hundred and Forty Three Thousand, Eight Hundred and Ten Baht) by issuing the new ordinary shares in the amount of 1,249,940,000 (One Thousand, Two Hundred and Forty Nine Million, Nine Hundred and Forty Thousand Shares) with the par value of Baht 10.- (Ten Baht) each , totaling Baht 12,499,400,000 (Twelve Thousand, Four Hundred and Ninety Nine Million, Four Hundred Thousand Baht) By approved to allot the new issued ordinary shares in the amount 8,000,000 (Eight Million) ordinary shares as the Private Placement to Starwood Thailand Corporation , one of the 17 institutional investors as specified in clause 2 of the Notification of the Securities Exchange Commission Re: Rules Conditions and Procedure for Applying for and Granting Permission to Offer Newly-Issued Shares for Sale, at the price of Baht 5 (Five Baht) per share (being less than par value of registered shares). The remaining new issued shares (after allotted to Starwood Thailand Corporation at the price of Baht 5 (Five Baht) as specified in the preceding paragraph) in the amount of 1,241,940,000 (One Thousand, Two Hundred and Forty One Million, Nine Hundred and Forty Thousand) shares will be issued and allotted as follows: (1) in the amount of 478,840,000 (Four Hundred and Seventy Eight Million, Eight Hundred and Forty Thousand) ordinary shares to be issue at no less than Baht 10.-(Ten Baht) by will be allotted wholly in one time or partly from time to time to the 17 type institutional investors and/or to the specific investors not more than 35 persons within each 12 month period in accordance with the clause 2 of the Securities Exchange Commission Re: Rules Conditions and Procedure for Applying for and Granting Permission to Offer Newly-Issued Shares for Sale, and (2) in the amount of 763,100,000 (Seven Hundred and Sixty Three Million, One Hundred Thousand) ordinary shares to be issue at no less than Baht 10.-(Ten Baht) by will be allotted wholly in one time or partly from time to time to the 17 type institutional investors and/or to the specific investors not more than 35 persons within each 12 month period in accordance with the clause 2 of the Securities Exchange Commission Re: Rules Conditions and Procedure for Applying for and Granting Permission to Offer Newly-Issued Shares for Sale, and (Mr. Apichart Chutrakul) (Mr. Wanchak Buranasiri) Directors (F53-5) Page 2 of 3 Pages SANSIRI PUBLIC COMPANY LIMITED REPORTS THE RESULTS OF THE SHARE OFFERING 20 July 1999 (3) that the Board of Directors be authorized to determine the details of the allotments including, the identity of the subscriber, the terms, conditions, date, time, procedures or other details relating to the offer of those shares, as appropriate, and This time the Company had made the share offering, totalling 1,819,651 (One Million, Eight Hundred Nineteen Thousand, Six Hundred and Fifty One) shares. Therefore, leaving the number of shares to be further offered are 1,078,780,503 (One Thousand, Seventy Eight Million, Seven Hundred Eighty Thousand, Five Hundred and Three) shares. The Company , then , report the results of the said offering to Stock Exchange of Thailand, as follows: 1. Information relating to the share offering - Class of shares offered : Ordinary shares - Number of shares offered (Total) : 1,819,651 shares - Offered to : 1. Electrolux Thailand Company Limited, who qualified as the 17 institutional investors as specified in the SEC Notification. (allocated and offered in accordance with the Resolution at the Board of Directors Meeting # 5/1999dated 17 May 1999 which Mr. Srettha Thavisin , the President was appointed by the Board ofDirector to set the particular date, time and venue of the share subscription of the said offer), and 2. Book Club Finance and Securities Public Company Limited, who qualified as the 17 institutional investors as specified in the SEC Notification. (allocated and offered in accordance with the Resolution at the Board of Directors Meeting # 8/1999 dated 22 June 1999 which Mr. Srettha Thavisin , the President was appointed by the Board of Director to set the particular date, time and venue of the share subscription of the said offer) - Price per share : the details of which are as follows: 1. offer to Electrolux Thailand Company Limited in the number of 216,300 shares, by divided into the number of shares and the price as follows: 1.1 in the number of 142,758 shares at the price of Baht 5.- per share, totalling Baht 713,790.- and 1.2 in the number of 73,542 shares at the price of Baht 10.- per share, totalling Baht 735,420.-, and 2. offer to Book Club Finance and Securities Public Company Limited in the number of 1,603,351 shares at the price of Baht 10.- per share, totalling Baht 16,033,510.- (Mr. Apichart Chutrakul) (Mr. Wanchak Buranasiri) Directors (F53-5) Page 3 of 3 Pages SANSIRI PUBLIC COMPANY LIMITED REPORTS THE RESULTS OF THE SHARE OFFERING 20 July 1999 1. Information relating to the share offering (Continued) - Subscription and payment period : On 14 July 1999 2. Results of the share sale ( / ) totally sold (____) partly sold, with ______-No-______ shares remaining The Company will deal with the remaining shares as follows:- ____________________________-No-_________________________________ 3. Details of sale Thai investors Foreign investors Total Juristic Natural Juristic Natural persons persons persons persons - Number of persons 2 __-___ __-___ __-___ 2 - Number of shares subscribed 1,819,651 __-___ __-___ __-___ 1,819,651 - Percentage of total shares offered for sale (in this time) 100 __-___ __-___ __-___ 100 4. Amount of money received from the share sale Total amount : Baht 17,482,720.- (Seventeen Million, Four Hundred Eighty Two Thousand, Seven Hundred and Twenty Baht) Less expenses : -None- Net amount received : Baht 17,482,720.- (Seventeen Million, Four Hundred Eighty Two Thousand, Seven Hundred and Twenty Baht) Signature ________________________________________ Authorized director (Mr. Apichart Chutrakul) Position Director Signature ________________________________________ Authorized director (Mr. Wanchak Buranasiri) Position Director