Ref.No. LT.F 139/2007
April 30, 2007
Subject Adjustment of Exercise Ratio and Exercise Price of TICON-W2
Attention The President The Stock Exchange of Thailand
TICON's 2007 Annual Ordinary General Meeting of Shareholders held on April 30, 2007 has approved an allotment of 2006 net profit for dividend payment of Baht 1.20 per share, representing 89.62 percent of the Company's 2006 net profit. The proposed total dividend payment, being more than 70% of net profit, will result in an adjustment of exercise ratio and exercise price of TICON-W2 (according to the Section 3, Item 2.4 (e), of the Company's Prospectus Concerning the Issuance of Warrants to the Company's directors and selected employees) from "1 warrant has the right to purchase 1.02964 shares at a price of Baht 8.790 per share" to "1 warrant has the right to purchase 1.04502 shares at a price of Baht 8.661 per share".
The adjustment of the exercise ratio and price of TICON-W2 will be effective from the 6th exercise date, on June 30, 2007, onwards.
Please be informed accordingly.
Yours faithfully,
(Miss Lalitphant Phiriyaphant)
Company Secretary