The registration for the amendment of par value
SET014/2007
May 15, 2007
Subject : The registration for the amendment of par value with The Ministry of Commerce
To : President The Stock Exchange of Thailand
In relation to the approval made by the Annual General Meeting of Shareholders No. 1/2007 held on April 26, 2007, regarding the amendment of the Company's par value from Baht 10 per share to Baht 1 per share.
Thus, we would like to inform that the Company has already registered the amendment of par value from Baht 10 per share to Baht 1 per share with the registrar of Public Company Limited, the Ministry of Commerce since May 15, 2007.
Thus, the Exercise Ratio and Price of Warrants to Purchase Ordinary Shares of the Company are amended as listed below:
| SVI-W2 | |
| Existing: | Balance 35,872,808 units 1(One) unit of warrant to 1 (One) unit of ordinary share at exercise price of 10 Baht/share |
| New: | Balance 358,728,080 units 1 (One) unit of warrant to 1 (One) unit of ordinary share at exercise price of 1 Baht/share |
| ESOP-1 | |
| Existing: | Balance 843,134 units 1(One) unit of warrant to 1 (One) unit of ordinary share at exercise price of 6.95 Baht/share |
| New: | Balance 8,431,340 units 1 (One) unit of warrant to 1 (One) unit of ordinary share at exercise price of 0.695 Baht/share |
| ESOP-4 | |
| Existing: | Balance 3,766,667 units 1(One) unit of warrant to 1 (One) unit of ordinary share at exercise price of 10 Baht/share |
| New: | Balance 37,666,670 units 1(One) unit of warrant to 1 (One) unit of ordinary share at exercise price of 1 Baht/share |
We, therefore, would like to inform you of the above matter, this is for your acknowledgment and dissemination to the public and other investors.
Yours faithfully,
(Mrs. Pissamai Saibua)
Chief Financial Officer
Copy to : Secretary-General The Office of the Securities and Exchange Commission
Vice President
Thailand Securities Depository Co., Ltd.
