8. Capital Structures

1.  Company’s Securities

As at 31 December 2006, the Company’s registered capital was 142,440,489
Baht divided into 142,440,489 ordinary shares at 1 Baht per share. The
paid-up capital amounted to 141,944,471 Baht divided into 141,944,471
shares at 1 Baht per share. The following are changing during 2006:

  Unit : Million Baht

  ----------------- ------------ ------------- ----------------------------
  Date              Registered   Paid-up       Remarks
                    Capital      Capital       

  December 31, 2005 1,466.30     1,419.44      

  October 27, 2006  1,424.40     1,419.44      Registered capital was
                                               reduced by cutting out the
                                               unsubsicribed ordinary
                                               shares of 4.19 Million
                                               shares.

  December 18, 2006 142.44       141.94        Registered and paid up
                                               capital was reduced by
                                               decreasing the par value
                                               from 10 Baht per share to 1
                                               Baht per share.
  ----------------- ------------ ------------- ----------------------------

2.  Shareholders

1)  A group of 10 shareholders hold the largest proportion of shares

List of the top 10 shareholders whose names appeared in the Register of
Shareholders as of October 4, 2006 are shown in the table below:

  ----------------------------------------- ---------------- -------------
  Name                                      No. of Shares    % of share
                                                             holding

  1. Mrs. Vimolthip Phongsathorn            87,345,076       61.53

  2. Capmaxx Company Limited                13,900,000       9.79

  3. Mr. Viwat Phongsathorn                 11,341,998       7.99

  4. Mrs. Jiraporn Nuangplee                6,139,050        4.32

  5. Miss Chadarat Korintarasak             6,007,690        4.23

  6. Mr. Sinchai Taveeporntanapat           5,009,730        3.53

  7. Khunying Malathip Osathanugrah         2,962,403        2.09

  8. Premier Enterprise Public Company      1,601,454        1.13
  Limited                                                    

  9. Mr. Panya Seksan                       1,000,000        0.70

  10. TMB Bank Public Company Limited       592,347          0.42

  Total                                     135,899,748      95.74
  ----------------------------------------- ---------------- -------------

2)  A group of major shareholders are related to those who take part in
    managing the Company:

  ------------------------------ ---------------- -----------------------
  Name                           Type of Business Related Person
                                 Operated         

  1. Mrs. Vimolthip Phongsathorn -                Husband is Mr. Vichien
                                                  Phongsathorn, Chairman.

  2. Khunying Malathip           -                Son-in-law is Mr.
  Osathanugrah                                    Vichien Phongsathorn,
                                                  Chairman.

  3. Mr. Viwat Phongsathorn      -                Elder Brother is Mr.
                                                  Vichien Phongsathorn,
                                                  Chairman.
  ------------------------------ ---------------- -----------------------

  8.3 Dividend Payment Policy

The Company has dividend payment policy is based on its performance and
cash flow. The Company’s Board of Directors will propose dividend
payment to shareholders’ meeting for consideration on a yearly basis.