Clarification of Rumour re:Subscription of TFUND

BackApr 07, 2005

Attention      The President
                   The Stock Exchange of Thailand

BR>With reference to the rumour reported in Manager Daily that the
subscription to TFUND has been unsuccessful, the Company would like
to clarify that, after checking with Bualuang Securities Public Co., Ltd.,
the underwriter of TFUND, and ING Funds (Thailand) Co., Ltd.,
the fund manager of TFUND, we can confirm that the Baht 1,750 million
fund has already been fully subscribed.


Please be informed.

Yours faithfully

(Mr. Chatri Laohemmawong)
Assistant General Manager
Accounts and Finance