Clarification of news: Sino-Thai has no investment in Dubai

ST.010/2009/0048 November 30th, 2009 Subject: Clarification of the news: Sino-Thai has no investment in Dubai Attention: The President The Stock Exchange of Thailand According to the news stated that Sino-Thai Engineering and Construction Public Company Limited (the "Company") had an investment in Dubai where there are problems with debt at the moment. The Company would like to clarify that the company has no investment in Dubai, therefore, there has no effect to the Company. The Company would like to clarify that the company does not provide such information to the press; moreover, the Company has no investment in Dubai at all. It is therefore, please be informed for your acknowledgement and dissemination to the public and other investors. Yours sincerely Mr. Woraphant Chontong SEVP. Financial and Administration Division Company Secretary Office Telephone: 0 2610 4900 ext. 212, 305, 274 Facsimile: 0 2259 4427