| To :The President The Stock Exchange of Thailand TICON Industrial Connection Public Co., Ltd. ("the Company") has received proceeds of Baht 112,223,369 from a conversion of TICON-W1 warrants into 112,223,369 shares, since June 28, 2002 to June 30, 2005. The Company would like to announce that the entire proceeds has been used as the Company's working capital. Please be informed. Yours faithfully, (Miss Lalitphant Phiriyaphant) Finance Manager |