Result of the Exercise of TICON-W1 Warrants

BackApr 04, 2005

Attention      The President
                   The Stock Exchange of Thailand

Attachment      The report of exercise of TICON-W1 Warrants

According to the 12th exercise date of TICON-W1 on March 31, 2005,
the Company would like to inform the result of the exercise as attached.

Yours faithfully,

(Miss Lalitphant Phiriyaphant)
Finance Manager


Report of the exercise of TICON-W1 Warrants
TICON Industrial Connection Public Company Limited
April 4, 2005

1.Results of the exercise

Number of persons      5      Persons
Exercised warrants      15,350       Warrants
Allotted ordinary shares      77,761      Shares
Unexercised warrants      4,849,575      Warrants


2.Details of the exercise

      Thai            Thai           Foreign         Foreign        Total
      Juristic        Natural        Juristic        Natural
              Persons         Persons        Persons         Persons
Number of persons1       3        -           1           5
Exercised warrants (Unit)3,600       7,750          -   4,000      15,350
Allotted ordinary shares (Share)  18,237      39,260  - 20,264 77,761
Percentage of total warrants offered 0.016 0.034 -   0.018 0.068


3.Proceeds received from the exercise

Total amount                    77,761            Baht
Less expenses                     -             Baht
Net proceeds received        77,761            Baht

      Remark : Par value is Baht 1 per share.

It is certified that the information in this report is true
and accurate.

(Miss Lalitphant Phiriyaphant)
Finance Manager