Attachment of report on investing Autoclaved Project

(attachment) Report on Autoclaved Aerated Concrete Product Company Limited 1. Transactioned Date:January 30, 2004 2. Related contract:None 3. Purpose:To participate in establishing Autoclaved Aerated Concrete Product Company Limited. There is 1.15 percent of the company's assets value compare with the investment value. 4. Assets' Details: Autoclaved Aerated Concrete Product Company Limited has 5 directors as follow: 1. Mr. Pratheep Theepakornsukkasem 2. Mr. Chakrit Theepakornsukkasame 3. Mr. Seree Julasaksrisakul 4. Mr. Anutin Charnvirakul 5. Mr. Woraphant Chontong The authorized representative should be 2 of 5 of the Board of Directors, which can be either Mr. Pratheep Theepakornsukkasem or Mr. Chakrit Theepakornsukkasame or Mr. Seree Julasaksrisakul sign together with Mr. Anutin Charnvirakul or Mr. Woraphant Chontong, and sealed. Registered Capital: 350 Million Baht divided into 35 million shares, par value per share 10 Baht. Paid up capital at 3 Baht per share. Shareholders' Structure is as follows: 1. Mr. Pratheep Theepakornsukkasem holds 3,499,999 shares equaled to 10% of registered capital. 2. Chonburi Concrete Product Public Company Limited holds 10,500,000 shares equaled to 30% of registered capital. 3. Mr. Seree Julasaksrisakul holds 7,000,000 shares equaled to 20% of registered capital. 4. Sino-Thai Engineering and Construction Public Company Limited holds 6,649,996 shares equaled to 19% of registered capital. 5. National Union Company Limited holds 3,850,000 shares equaled to 11% of registered capital. 6. Perpetual Prosperity Company Limited holds 3,500,000 shares equaled to 10% of registered capital. 7. Individual shareholders hold 5 shares. Core business of Autoclaved Aerated Concrete Product Company Limited is to produce and sell autoclaved aerated concrete products and all types of concrete products. Autoclaved Aerated Concrete Product Company Limited office is located on 22nd floor, Sino-Thai Tower, 32/52 Soi Asoke, Sukhumvit (21), Klongtoey-Nua, Wattana, Bangkok. 5. Investment Value:Invested amount 66,499,960 Baht. Paid up capital 19,949,988 Baht. Remaining will be paid as the resolutions of the Board of Directors had noticed. 6. Calculation terms:The comparison between acquisition or disposition value and Company assets value. 7. Beneficial:Dividend 8. Investment Resources:Working Capital