5. Assets

Land, Buildings and Machinery

Assets of Pato and Acron as of December 31, 2003 are as follows :

Pato Chemical Industry Plc.

+--------------------+-------------+-----------+----------------------+
| Location           | Ownership   | Book      | Collateral           |
|                    |             | Value     |                      |
|                    |             | (Baht)    |                      |
+--------------------+-------------+-----------+----------------------+
| 1.1 39 Suwintawong | Owner       | 5         | Pledged as           |
| Road, Sansab,      |             | 00,000.00 | collateral for U O B |
| Minburi 10-3-01    |             |           | Radanasin Bank       |
| Rai                |             |           | valued 138 million   |
|                    |             |           | Baht                 |
+--------------------+-------------+-----------+----------------------+
| 1.2 Bangpoo        | Owner       | 10,9      | Pledged as           |
| Industrial         |             | 62,000.00 | collateral for       |
| Estate,Praksa,     |             |           | Bangkok Bank valued  |
| Samutprakarn       |             |           | 80 million Baht      |
|                    |             |           |                      |
| 12-0-72 Rai        |             |           |                      |
+--------------------+-------------+-----------+----------------------+
| 1.3 Bang Plee,     | Owner       | 7,0       | None                 |
| Samutprakarn       |             | 30,252.00 |                      |
|                    |             |           |                      |
| 1-2-57 Rai         |             |           |                      |
+--------------------+-------------+-----------+----------------------+
| Head Office        | 30 Years    | -         | None                 |
|                    | Rent        |           |                      |
+--------------------+-------------+-----------+----------------------+
| Buildings at       | Owner       | 46,8      | None                 |
| Bangpoo Industrial |             | 56,317.00 |                      |
| Estate             |             |           |                      |
+--------------------+-------------+-----------+----------------------+
| Building at        | Owner       | 1,9       | None                 |
| Minburi            |             | 85,323.50 |                      |
+--------------------+-------------+-----------+----------------------+
| Machinery at       | Owner       | 1,3       | None                 |
| Bangpoo Industrial |             | 91,419.08 |                      |
| Estate             |             |           |                      |
+--------------------+-------------+-----------+----------------------+
| Machinery at       | Owner       | -         | None                 |
| Minburi            |             |           |                      |
+--------------------+-------------+-----------+----------------------+

Right

1. BOI Pato has never applied for a privilege from BOI.

2. Other Rights

Right, belonging to Pato Chemical Industry, is intangible assets and
requires 3-5 years of extensive research and laboratory tests of
pesticides and insecticides. Pato has registered with the Ministry of
Agriculture and Cooperatives for its patents and licensing rights. Such
registrations are for dangerous substance usage. Pato is the sole owner
of the formulae for such substances, meaning that others cannot
manufacture or distribute such substances, without the consent of Pato
Chemical Industry. The products are :

 Pesticides Registration Year

1. Sam (Butachlor + Safener) 1993

2. Kusero (Methomyl 18% Solution) 1993

3. Folpan (Folpet) 1994

4. Diary 2 D (MIPC 2% Dust) 1994

5. LAB 2 D (BPMC 2% Dust) 1995

6. Dehyde Slug (Methaldehyde) 1996

7. Kusero 40 (Methomyl 40% SP) 1997

8. Sulphurous (Sulfer 80%) 1998

9. Traiacap (Diacap 30%) 1998

10. Applaud (Applaud 10%) 1998

11. Fostac 20 (Chlorpyrifos 20%) 1999

12. Fostac 40 (Chlorpyrifos 40%) 1999

13. Annocide (Carbendazim 50%) 1999

14. Prado-80 (Mancozeb 80%) 2000

15. Alutum (Fosetyl aluminium 80%) 2000

16. V - 80 (Tetradifon 7.52%) 2000

17. Gibto (Gibberellic acid 2%) 2000

18. Gibberton (Gibberellic acid 3.1%) 2000

19. M-D 6.8 G. (Butachlor + 2,4-D IBE) 2000

20. Copper Oxychloride 62 (Copper oxychloride 62%) 2000

21. Copper Oxychloride 85 (Copper oxychloride 85%) 2000

22. Butas (Butachlor + Propanil) 2000

23. More than (Molinate + Propanil) 2000

24. Dehyde-Slug 3.5 G. (Methaldehyde) 2001

25. Cartap 4 G. (Cartap) 2001

26. Napta (NAA) 2001

27. Serconil (Chlorothalonil) 2001

28. Hexcel (Hexaclonazole) 2002

29. Campus (Fenobucarb) 2002

30. M-D 7.76 G (Butachlor + 2,4-D IBE) 2002

31.Patozine 90 WG 2003

32.Patometyrn 80 WG 2003

33. Patotab 50 2003

34. Gibto 2003

35. Butus 70 EC 2003

36. Patotrail 52 2003

37. Hera 2003

38. JI Slug 2003

39. Patosave 85 2003