6. FUTURE PLANS

Expansion of Bangkok Facility

  As the patient volume of Bumrungrad International Hospital, Bangkok
  increases every year, the service areas will reach its maximum
  capacity in the near future. The Company therefore has a plan to
  expand and renovate its Bangkok facility in the next 4-6 years, as
  follows:

  1. The Company completed the construction of the new 22-storey
  Bumrungrad International Clinic, with total area of 25,000 sq.m. The
  total cost of the building is expected to be Baht 1.5 billion. The
  first 10 floors are used for car park of approximately 800 spaces,
  while the top 12 floors will be used for outpatient clinics and
  ancillary services. In early 2007, 11^(th) floor was opened as the
  hospital’s new Health Screening Center. Seven additional floors are
  expected to be opened for services in mid-2008. The Company plans to
  occupy the rest of the building floor by floor as needed.

  2. The Company purchased BH Tower Building from Bangkok Bank Public
  Company Limited in the beginning of 2008 for Baht 470 million. The
  building is currently used as serviced apartments for families and
  relatives of patients. The Company plans to covert BH Tower into
  inpatient beds as inpatient capacity in the existing hospital building
  is expected to reach its maximum capacity in the next three years. The
  floors will be opened as needed. The budget for the renovation is
  expected to be Baht 700 million.

  3. The Company is in the process of renovating and upgrading patient
  rooms and facilities in the existing hospital building as the building
  has reached its tenth year of operations. This includes rolling
  renovation of existing patient beds as well as expansion of the
  outpatient clinics that remain in the existing hospital building while
  others move to the new Bumrungrad International Clinic Building. The
  renovation is expected to take three years to complete. The capital
  expenditure is expected to be Baht 800 million.

  The Company plans to gradually occupy the space as demand increases.
  After the project is completed over the next 4-6 years, the Company
  will increase its service capacity from 554 beds to 650 beds and
  outpatient service from 3,500 patients per day to 6,000 patients per
  day.

International Expansion

  The Company has the policy to expand its international business
  through its 31.5% associated company, Bumrungrad International
  Limited. Each of the three investments under Bumrungrad International
  Limited are undergoing their own expansion plans, as follows:

  1. Asian Hospital Inc. (“AHI”) in the Philippines: AHI currently has
  capacity of 253 beds and is running close to its full capacity. AHI
  plans to expand both its inpatient and outpatient services by
  constructing a 14-storey building on its existing land, bringing the
  total capacity of inpatient service to 350 beds. The building is
  expected to be completed and three floors will be operational in 2010.

  2. Bumrungrad Hospital Dubai: Bumrungrad Hospital Dubai has a capacity
  of 250 beds. At present, the hospital is under construction and is
  expected to be completed and operational in 2009.

  3. Asia Renal Care Limited (“ARC”): Historically, ARC has grown its
  operation through acquisition as well as opening new clinics.
  Bumrungrad International Limited’s strategy is to continue to expand
  its number of clinics aggressively over the next three years.

  In addition to the three investment projects and Bumrungrad
  International Limited’s management contract to manage Bumrungrad Al
  Mafraq Hospital in Abu Dhabi, and with the network of Bumrungrad
  International Limited’s strategic partners, including Istithmar in the
  Middle East, Temasek in Singapore and Southeast Asia and Asia
  Financial Holdings in China and North Asia, Bumrungrad International
  Limited continues to actively look for similar investment
  opportunities to expand its network further in the region.