1.  Structure of capital

1.  Shareholders

  The company’s registered capital is 225 million baht which was issued
  and fully paid up for 45 million ordinary shares at par value of 5.00
  baht each.

2.  Shareholders

  Top ten of shareholders as at December 31, 2006.

+-----+--------------------------------+--------------+--------------+
| No. | Shareholder’s Name             | Amount of    | Percent of   |
|     |                                | Shares       | Share        |
+-----+--------------------------------+--------------+--------------+
| 1   | Mr. Khanchai Boonpan           | 12,790,000   | 28.42        |
+-----+--------------------------------+--------------+--------------+
| 2   | Mr. Samart Chiradamrong        | 4,139,900    | 9.20         |
+-----+--------------------------------+--------------+--------------+
| 3   | Bank of Ayudhya Public Company | 4,000,000    | 8.89         |
|     | Limited *                      |              |              |
+-----+--------------------------------+--------------+--------------+
| 4   | A.P.F. Management Company      | 3,870,000    | 8.60         |
|     | Limited                        |              |              |
+-----+--------------------------------+--------------+--------------+
| 5   | Mrs. Viroonsri Taifayongvichit | 2,243,000    | 4.98         |
+-----+--------------------------------+--------------+--------------+
| 6   | Mr. Pairot Saitum              | 1,540,000    | 3.42         |
+-----+--------------------------------+--------------+--------------+
| 7   | Mr. Anusak Inthraphuvasak **   | 1,410,000    | 3.13         |
+-----+--------------------------------+--------------+--------------+
| 8   | Mr. Krithanant Palarit         | 1,245,700    | 2.77         |
+-----+--------------------------------+--------------+--------------+
| 9   | Mr. Khlang Tantimongkolsuk     | 1,200,000    | 2.67         |
+-----+--------------------------------+--------------+--------------+
| 10  | Miss Sutiluck Pakaew           | 1,164,100    | 2.59         |
+-----+--------------------------------+--------------+--------------+
| To  |                                | 33,602,700   | 74.67        |
| tal |                                |              |              |
+-----+--------------------------------+--------------+--------------+
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+-----+--------------------------------+--------------+--------------+
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+-----+--------------------------------+--------------+--------------+

3.  Dividend payment policy

  The dividend payment will be paid not less than 40 per cent from net
  profits after deductions for tax and legal regulations.

  The factors to consider when making a dividend payment are the
  company’s performance, financial status, liquidity, expansion of the
  company and others related factors . The dividend payment must be
  resolved within the minutes of the general shareholders’ annual
  meeting, except the interim dividend payment which is resolved by the
  minutes of the Board of Directors committee and will be communicated
  to shareholders at the next meeting.