Related Parties and Connected Transaction.

1.Space Rent

  ---------------------- ------------------------ ------------------------
  Company                Company                  Connected Transaction

  Pato Chemical Industry Kentex Properties Co,Ltd Pato rents office space
  Plc.                                            in Pato Building, which
                                                  belongs to Kentex
                                                  Properties Co.,Ltd.
  ---------------------- ------------------------ ------------------------

  --------------- --- ----------------------------------------------------
  Location        :   Pato Building, 3388 New Petchburi Road Bangkapi,
                      Huay Kwang, Bangkok 10310

  Building        :   Kentex Properties Co Ltd (a related company)
  ownership           

  Significant     :   Pato Chemical Industry Plc rents the first floor of
  Content of the      the building with usable space of 230 sq. meter
  rent contract       Monthly rental fee is baht 30,000. The contract
                      begins from 1 June 1991 to 31 May 2021. Rental fees
                      is adjustable every 2 years. Each adjustment shall
                      not exceed 25% of the prevailing rental rate.
  --------------- --- ----------------------------------------------------

Note: Both rent contracts indicate that landlord will be responsible for
the household and property taxes based on the actual rental fee
received. Any other tax and duty including utilities expenses will be
responsible by the renter only.

Presently, Pato has been using the space on the first, second and third
floor totaling 745.82 square meters. The rental fee has been adjusted to
70,000 baht per month since May 2006

2. Bank Guarantee

  On June 10, 2004, the Company was sued by Itochu (Thailand) Co., Ltd.
  as an alleged guarantor of Plastic Precision Industry Co., Ltd. for
  the outstanding debt totaling Baht 37,527,303. The Company has also
  appealed to the court to suspend the execution on January 12, 2007 and
  on September 21, 2007, the Company had entered into a compromise
  agreement in appeal court to pay the principal debt amounting of Baht
  32,493,511 including some expenses in court amounting of Baht
  1,725,000, totaling Baht 34,218,511. The Company agreed to pay
  amounted to Baht 5,000,000 on the date entering into the agreement.
  The balance of Baht 29,218,511 will be paid in monthly in 8
  installments at Baht 3,652,314 each month. The first installment was
  paid before October 30, 2007, total payment will be completed on May
  30, 2008 and the Company recorded under “Liability arising from
  guarantee”. The Company has already exercised the right of recourse
  against Plastic Precision Industry Co., Ltd and recorded such company
  as debtor with outstanding balance of Baht 34,469,651. However, the
  Company expected that the amount due from PPIC would not be
  recoverable therefore, the Company set up a full provision for the
  outstanding balance The company filed a case to the civil court in
  order to exercise the right of recourse as an alleged guarantor at the
  amount of 34,469,651.  On October 27, 2008, the civil court had
  adjudicated ordering the defendant to pay the mentioned amount
  including lawyer fee of 20,000 baht.  The company has submitted a
  petition to appoint an executing officer for the execution of the
  defendant against the property.