Ref. No. LT.F 012/2007
January 16, 2007
Subject : Use of proceeds from the exercise of TICON-W2 Warrants
To : The President The Stock Exchange of Thailand
During the second half of 2006, TICON Industrial Connection Public Co., Ltd. ("the Company") has received proceeds from the exercise of TICON-W2 of Baht 6,929,042.73. 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)
Head of Finance