Information Concerning The Exercise Of TICON-W1

BackDec 09, 2005

Ref : LT.F 243/2005


December 8, 2005


Subject      Information concerning the exercise of TICON-W1 warrants


Attention    The President
             The Stock Exchange of Thailand


As 22.5 million units of TICON warrants were issued to
the existing shareholders, public investors and directors
and selected employees during June 3 - 4, 2002,
the Company would like to notify that the fifteenth exercise date
of TICON-W1 is on December 30, 2005.


The details of the exercise of TICON-W1 are as follows;


1.Exercise Ratio and Exercise Price


One warrant will be exercisable for 5.11426 new ordinary shares
at the price of Baht 1 per share


2.Notification Period and  Obtaining of Exercise Notice Period


December 23 and 26 - 29, 2005, from 8.30 a.m. to 3.30 p.m.


3.Contact Place


Finance Department
TICON Industrial Connection Public Company Limited
Suite 1308, 13/1th Floor, Sathorn City Tower
175 South Sathorn Road, Thungmahamek,
Sathorn, Bangkok, 10120
Telephone number   :  0-2679-6565
Facsimile number   :  0-2287-3153


4.Exercise Procedure


Any holders who wish to exercise their warrants shall complete
the following actions and submit the following documents
at the contact place mentioned above:


  1.A completed Exercise Notice ;

  2.Certificates representing Warrants in the amount specified
    in the Exercise Notice and, where applicable, authority for
    receiving the Share Certificates and a new Warrant Certificate
    representing those Warrants that are not exercised.


  * Where the Warrants are in the scripless form, holders
    who wish to exercise their right shall notify such intention
    and file the completed application for withdrawal of
    the Warrant Certificates or the issuance of certificates
    receipts in the form prescribed by the SET with
    a securities company acting as their broker.
    Any securities company shall notify the TSD
    (the Registrar) to request withdrawal of
    the Certificates representing the Warrants to be exercised,
    and the TSD shall issue the Certificates for holders to use
    as supplementary evidence when exercising their Warrants.


  3.Payment of the amount specified in the Exercise Notice
    by making payment in the form of cheque, banker's draft,
    bank cheque or bank payment order that can be cashed in
    the Bangkok Metropolitan area and shall be made payable
    on December 30, 2005 to "TICON Industrial Connection Public
    Company Limited for Shares Subscription"
    crossed Account Payee Only.Any such exercise will be deemed
    to be completed when it is fully paid.


    The Company allows holders to pay for
    the exercise of warrants directly into bank account
    at the Savings Account named "TICON Industrial Connection
    Public Company Limited for Shares Subscription"
    of Bangkok Bank Public Company Limited, Sathorn Branch,
    account number 142-0-71813-0. Holders who do so must submit
    their original pay-in slip showing the said payment to the Company.


4.Verification of Identification

  1) Thai Individual Person  :  Signed copy of his/her Identification Card
  2) Foreign  Individual Person  :  Signed copy of his/her passport
  3) Juristic Person      :  Signed copies of certificate of incorporation
                             and corporate affidavit and signed copies of
                             the identification cards of the authorized
                             persons as per 1) or 2).
  4) Foreign Juristic Person :  Signed copies of certificate
                                of incorporation and corporate
                                affidavit of a registry official
                                which must be notarized by
                                a public notary and signed copies
                                of the identification cards of
                                the authorized persons as per 1) or 2).

5.The number of Warrants to be exercised shall be an integer.
Holders are responsible for the payment of stamp duties arising
from the exercise of their Warrants.


Should you have any query, please contact to the contact place mentioned
above on the business day (Monday to Friday, from 8.30 a.m. to 5.00 p.m.)


Please be informed accordingly.


Yours faithfully,


(Miss Lalitphant Phiriyaphant)
Head of Finance