Part III

Certification of factual accuracy

“We have carefully reviewed the annual information disclosure format
with due care and attention, as executive directors of the company or as
the senior-most office-holder in accounting. We certify that the said
information is complete, factual and containing no untruths or lacking
in material information that should be disclosed. Further, we certify
that:

1)  The financial statements and related financial information are part
    of the annual information disclosure. The information so presented
    displays complete and material information related to the financial
    condition, operating results and cashflows of the company.

2)  We are responsible to ensure that the company adopt an effective
    information disclosure and that pertinent and material information
    of the company be disclosed correctly and completely. This also
    covers the supervision of the implementation of the said disclosure
    process.

3)  We are responsible to ensure that the company implement a good
    internal control system and to supervise that the said system is
    adhered to. We have informed the auditors and the audit committee of
    our assessment of the internal control system on November 23, 2005.
    This covers the deficiencies and material changes to the internal
    control system including the misdeeds which may affect the
    preparation of the company’s financial report.

Therefore, as evidence that all of the documents presented are the same
documents that we have certified, we have delegated Miss Nitida
Thamasoontra to sign on each page of these documents on our behalf.
Should Miss Nitida Thamasoontra’s signature be missing from any page, we
shall consider that it is not the information that we have certified.

Pico (Thailand) Public Company Limited

  Name Position Signature

1. Mr. Pised Chungyampin Director/Chief Executive Officer
...........................

2. Mr. Chia Song Heng Director/Vice Chairman of Executive
...........................

Committee

3. Mr. Silchai Kiatpapan Director / Chief Operating Officer
...........................

4. Miss Nitida Thamasoontra Director / Chief Financial Officer
...........................

  Authorized Person

Name Position Signature

Miss Nitida Thamasoontra Chief Financial Officer
...........................

We have reviewed the information contained in this annual report. With
due care and diligence as directors of the company we have no reason to
believe that the stated information is not complete or containing
untruths which may falsely lead others to believing, or lacking in
material information that should be disclosed.

Therefore, to signify that all documents hereby presented, are the same
as what we have certified we delegate Miss Nitida Thamasoontra to sign
on all pages on our behalf. Should Miss Nitida Thamasoontra’s signature
be missing from any page, we shall consider that it is not the
information that we have certified.

Pico (Thailand) Public Company Limited

Name Position Signature

1. Dr. Chaiyod Bunyagidj Chairman of Audit Committee

And Independent Director ......................................

2. Mr. Sern Vithespongse Audit Committee / Independent

Director ......................................

3. Mr. Viriya Pholpoke Director ......................................

4. Mr. Chong Mang Yong Director ......................................

5. Ms. Phua Mui Hwa Director ......................................

Note: 1. Mr. Viriya Pholpoke resigned from the membership of the audit
committee and independent director effective September 2, 2005. Since
that date he holds only the position as a member of the Board of
Director.

2. Ms. Phua Mui Hwa resigned as director effective August 23, 2005

  Authorized person

Name Position Signature

Miss Nitida Thamasoontra Chief Financial Officer
....................................