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Results of Warrant conversion to common shares(ESOP-4)

BackApr 17, 2008

SET009/2008

April 11, 2008

The President

The Stock Exchange of Thailand

Re : Report the Results of Warrant conversion to common shares (ESOP-4)

Since SVI Public Co., Ltd. has issued 5,500,000 warrants of ESOP, to have a right to exercise on ordinary shares, offering to the directors and employees with an exercise price at Baht 10.00 per share at the ratio of 1 warrant to 1 common share. The warrant holders can exercise their right as below, based on the maturity date of every year after permitted from the SEC s office.

1st
Exercise date 15th October 2006
2nd
Exercise date 15th January 2007
3rd
Exercise date 15th April 2007
4th
Exercise date 15th July 2007
5th
Exercise date 15th October 2007
6th
Exercise date 15th January 2008
7th
Exercise date 15th April 2008
8th
Exercise date 15th July 2008
9th Exercise date 15th October 2008

Regarding the amendment of the Company s par value. Thus, the Exercise Ratio and Price of Warrants to Purchase Ordinary Shares of the Company are amended as balance 21,666,670 units 1 unit of warrant to 1 unit of ordinary share at exercise price of 1.00 Baht/share.

This exercise date is April 11, 2008. The company would like to report the results of warrant conversion that there were no applications to exercise the warrants for this period.

Therefore, the number of unexercised warrant remains 21,666,670 units.

Please be informed accordingly.

 

Yours Faithfully,

 

(Ms. Pissamai Saibua)
Chief Financial Officer

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