Report the Results of Warrant conversion (ESOP-4)

BackApr 17, 2007


April 17, 2007

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

For this exercise, 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 3,991,667 units.

Please be informed accordingly.


Yours Faithfully,


(Mrs. Pissamai Saibua)
Chief Financial Officer