10. The related transactions

Since last 3 years, there was no event of spending the income from stock
sales for any of the shared interest person; the company has the
significant trade with the related company by purchasing and sales
items. The company’s auditor gave the explanation in the Note 24 Page
36 - 39 of the financial statement on 31^(st) March 2012. The purchasing
items form the related company are those particular raw materials or
merchandise from the same production source at the great quantity to
reduce the production cost. The company received the confirmation report
from the related company about the sales of raw materials as the regular
trading business. The sales items are mostly exporting by set up the
sales price from cost fee plus the profit. Royalty fee to a related
company at the rate of 3% of sales minus the cost of importing raw
materials from that related company, and specified as the regular
trading business, details as follows:

1.  Related party transaction by way of the shareholder or common
    directors.

+-------------+-------------+-----------+-------------+--------------+
| Name of     | Related     | Related   | Transaction | The          |
| Company     | ties        | tr        | Amount and  | reasonable   |
|             |             | ansaction |             | of           |
|             |             | details   | Balance at  | transctions  |
|             |             |           | 31 March    |              |
|             |             |           | 2012        |              |
+-------------+-------------+-----------+-------------+--------------+
| 1. Stanley  | 1. Major    | 1.        | Purchased   | Specifically |
| Electric    | shareholder | P         | 844.90      | products or  |
| Co.,Ltd.    | ,           | urchasing | million     | materials    |
|             |             | in raw    | baht        | and material |
|             | holding     | materials |             | which are    |
|             | 29.95%      | , goods   | Balance     | manufactured |
|             |             | and       | 89.74       | on a large   |
|             | 2.Common    | e         | million     | scale at one |
|             | director    | quipments | baht        | source for   |
|             |             |           |             | cost saving  |
|             | 1 person    | 2.        | Sold amount | benefit.     |
|             |             | Selling   | 32.13       |              |
|             | Mr.Katsumi  | goods,    | million     | Pricing are  |
|             | Kondo       |           | baht        | charged in   |
|             |             |           |             | the normal   |
|             |             |           | Balance     | course of    |
|             |             |           | 7.75        | business and |
|             |             |           | million     | same         |
|             |             |           | baht        | practice     |
|             |             |           |             | with the     |
|             |             |           |             | outsider.    |
|             |             |           |             |              |
|             |             |           |             | Specifically |
|             |             |           |             | products or  |
|             |             |           |             | materials    |
|             |             |           |             | and material |
|             |             |           |             | which are    |
|             |             |           |             | manufactured |
|             |             |           |             | on a large   |
|             |             |           |             | scale at one |
|             |             |           |             | source for   |
|             |             |           |             | cost saving  |
|             |             |           |             | benefit.     |
|             |             |           |             |              |
|             |             |           |             | Pricing are  |
|             |             |           |             | charged in   |
|             |             |           |             | the normal   |
|             |             |           |             | course of    |
|             |             |           |             | business and |
|             |             |           |             | same         |
|             |             |           |             | outsider.    |
+-------------+-------------+-----------+-------------+--------------+
| Name of     | Related     | Related   | Transaction | The          |
| Company     | ties        | tr        | Amount and  | reasonable   |
|             |             | ansaction |             | of           |
|             |             | details   | Balance at  | transactions |
|             |             |           | 31 March    |              |
|             |             |           | 2012        |              |
+-------------+-------------+-----------+-------------+--------------+
|             |             | 3.Royalty | Amount      | In the       |
|             |             | Fee is    | 216.87      | normal       |
|             |             | charged   | million     | course of    |
|             |             | at 3% of  | baht        | business and |
|             |             | sales     |             | same         |
|             |             | less      | Amount      | practices in |
|             |             | materials | 45.00       | Stanley      |
|             |             | cost      | million     | Group        |
|             |             | imported  | baht        |              |
|             |             | form the  |             | In the       |
|             |             | related   | Amount 9.12 | normal       |
|             |             | party in  | million     | course of    |
|             |             | a         | baht        | business and |
|             |             | ccordance |             | same         |
|             |             | with the  | Amount 1.67 | practices in |
|             |             | agreement | million     | Stanley      |
|             |             |           | baht        | Group,       |
|             |             | 4.        |             | pricing are  |
|             |             | Designed  | Amount 6.89 | charged same |
|             |             | and       | million     | as outsider. |
|             |             | De        | baht        |              |
|             |             | velopment |             | In the       |
|             |             | Fee       | Amount 0.65 | normal       |
|             |             |           | million     | course of    |
|             |             | is chared | baht        | business and |
|             |             | in case   |             | same         |
|             |             | design    |             | practice in  |
|             |             | and       |             | Stanley      |
|             |             | de        |             | Group        |
|             |             | velopment |             |              |
|             |             | product   |             | In the       |
|             |             | for Thai  |             | normal       |
|             |             | Stanley’s |             | course of    |
|             |             | products  |             | business and |
|             |             |           |             | same         |
|             |             | 5.        |             | practice in  |
|             |             | Technical |             | Stanley      |
|             |             | Fee       |             | Group        |
|             |             |           |             |              |
|             |             | is        |             | In the       |
|             |             | charged   |             | normal       |
|             |             | for the   |             | course of    |
|             |             | s         |             | business and |
|             |             | pecialist |             | same         |
|             |             | come for  |             | practice in  |
|             |             | a         |             | Stanley      |
|             |             | ssistance |             | Group        |
|             |             | in        |             |              |
|             |             | p         |             | In the       |
|             |             | roduction |             | normal       |
|             |             | technics. |             | course of    |
|             |             |           |             | business and |
|             |             | 6.        |             | same         |
|             |             | Training  |             | practice in  |
|             |             | fee       |             | Stanley      |
|             |             |           |             | Group        |
|             |             | is        |             |              |
|             |             | charged   |             |              |
|             |             | for send  |             |              |
|             |             | Thai      |             |              |
|             |             | Stanley ‘ |             |              |
|             |             | employee  |             |              |
|             |             | to        |             |              |
|             |             | training  |             |              |
|             |             | and       |             |              |
|             |             | practice. |             |              |
|             |             |           |             |              |
|             |             | 7.        |             |              |
|             |             | C         |             |              |
|             |             | ommission |             |              |
|             |             |           |             |              |
|             |             | is        |             |              |
|             |             | charged   |             |              |
|             |             | for an    |             |              |
|             |             | agent to  |             |              |
|             |             | connected |             |              |
|             |             | with      |             |              |
|             |             | customers |             |              |
|             |             |           |             |              |
|             |             | 8. Other  |             |              |
|             |             | Income    |             |              |
+-------------+-------------+-----------+-------------+--------------+
| Name of     | Related     | Related   | Transaction | The          |
| Company     | ties        | tr        | Amount and  | reasonable   |
|             |             | ansaction |             | of           |
|             |             | details   | Balance at  | transactions |
|             |             |           | 31 March    |              |
|             |             |           | 2012        |              |
+-------------+-------------+-----------+-------------+--------------+
| 2 .Lao      | 1. Thai     | 1.        | Sold amount | Specifically |
| Stanley     | Stanley     | Selling   | 66.76       | products     |
| Co.,Ltd.    | holding 50% | goods     | million     |              |
|             |             |           | baht        | Pricing are  |
|             | 2. Common   | 2.Other   |             | charged in   |
|             | Director 2  | Income    | Balance     | the normal   |
|             | persons     |           | 13.77       | course of    |
|             |             | 3.Royalty | million     | business and |
|             | -           | Income    | baht        | same         |
|             | Mr.Apichart |           |             | practice     |
|             | Lee         |           | Amount 0.01 | with the     |
|             | issaranukul |           | million     | outsider.    |
|             |             |           | baht        |              |
|             | -           |           |             | In the       |
|             | Mr.Hiroyuki |           | Amount 0.28 | normal       |
|             | Nakano      |           | million     | course of    |
|             |             |           | baht        | business and |
|             |             |           |             | same         |
|             |             |           |             | practice in  |
|             |             |           |             | Stanley      |
|             |             |           |             | Group        |
|             |             |           |             |              |
|             |             |           |             | In the       |
|             |             |           |             | normal       |
|             |             |           |             | course of    |
|             |             |           |             | business and |
|             |             |           |             | same         |
|             |             |           |             | practice in  |
|             |             |           |             | Stanley      |
|             |             |           |             | Group        |
+-------------+-------------+-----------+-------------+--------------+
| 3. Vietnam  | 1.Common    | 1.        | Purchased   | Specifically |
| Stanley     | major       | P         | amount      | products     |
| Electric    | s           | urchasing | 40.11       |              |
| Co.,Ltd.    | hareholders | goods     | million     | Pricing are  |
|             | as Stanley  |           | baht        | charged in   |
|             | Electric    | 2.Selling |             | the normal   |
|             | Co.,Ltd.    | goods     | Balance     | course of    |
|             | Holding 50% |           | 9.00        | business and |
|             |             | 3.        | millions    | same         |
|             | 2. Common   | Technical | baht        | practice     |
|             | director 2  | Income is |             | with         |
|             | persons as  | charged   | Sold amount | outsider.    |
|             |             | for       | 119.44      |              |
|             | -           | a         | million     | Specifically |
|             | Mr.Apichart | ssistance | baht        | products     |
|             | Lee         | in        |             |              |
|             | issaranukul | p         | Balance     | Pricing are  |
|             |             | roduction | 7.05        | charged in   |
|             | -           | technics. | million     | the normal   |
|             | Mr.Katsumi  |           | baht        | course of    |
|             | Kondo       | 4.Other   |             | business and |
|             |             | Income    | Amount 0.02 | same         |
|             | 3. Thai     |           | million     | practice     |
|             | Stanley     |           | baht        | with the     |
|             | holding     |           |             | outsider.    |
|             | share 20%   |           | Amount 0.01 |              |
|             |             |           | million     | In the       |
|             |             |           | baht        | normal       |
|             |             |           |             | course of    |
|             |             |           |             | business and |
|             |             |           |             | same         |
|             |             |           |             | practice in  |
|             |             |           |             | Stanley      |
|             |             |           |             | Group        |
|             |             |           |             |              |
|             |             |           |             | In the       |
|             |             |           |             | normal       |
|             |             |           |             | course of    |
|             |             |           |             | business and |
|             |             |           |             | same         |
|             |             |           |             | practice in  |
|             |             |           |             | Stanley      |
|             |             |           |             | Group        |
+-------------+-------------+-----------+-------------+--------------+
| Name of     | Related     | Related   | Transaction | The          |
| Company     | ties        | tr        | Amount and  | reasonable   |
|             |             | ansaction |             | of           |
|             |             | details   | Balance at  | transactions |
|             |             |           | 31 March    |              |
|             |             |           | 2012        |              |
+-------------+-------------+-----------+-------------+--------------+
| 4.Asian     | 1.common    | 1.        | Purchased   | Specifically |
| Stanley     | major       | P         | amount      | products     |
| In          | shareholder | urchasing | 165.59      |              |
| ternational | as Stanley  | raw       | million     | Pricing are  |
| Co.,Ltd     | Electric    | material  | baht        | charged in   |
|             | Co.,Ltd.    |           |             | the normal   |
|             |             | 2.        | Balance     | course of    |
|             | Holding     | Selling   | 27.89       | business and |
|             | 67.5%       | goods     | million     | same         |
|             |             |           | baht        | practice     |
|             | 2.Common    |           |             | with the     |
|             | Director 2  |           | Sold amount | outsider.    |
|             | persons     |           | 5.73        |              |
|             |             |           | million     | Pricing are  |
|             | -           |           | baht        | charged in   |
|             | Mr.Apichart |           |             | the normal   |
|             | Lee         |           | Balance     | course of    |
|             | issaranukul |           | 0.37        | business and |
|             |             |           | million     | same         |
|             | -           |           | baht        | practice     |
|             | Mr.Katsumi  |           |             | with the     |
|             | Kondo       |           |             | outsider.    |
|             |             |           |             |              |
|             | 3. Thai     |           |             |              |
|             | Stanley     |           |             |              |
|             | holding 15% |           |             |              |
|             |             |           |             |              |
|             | 4. Holding  |           |             |              |
|             | Thai        |           |             |              |
|             | Stanley     |           |             |              |
|             | 0.44%       |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| 5.          | 1. Common   | 1.        | Purchased   | Specifically |
| P           | major       | P         | amount      | products     |
| T.Indonesia | shareholder | urchasing | 31.94       |              |
| Stanley     | as Stanley  | raw       | million     | Pricing are  |
| Electric    | Electric    | material  | baht        | charged in   |
|             | Co.,Ltd.    |           |             | the normal   |
|             | Hoding 60 % | 2.Selling | Balance     | course of    |
|             |             | goods     | 0.17        | business and |
|             | 2. Common   |           | million     | same         |
|             | director 3  | 3.Other   | baht        | outsider.    |
|             | person as   | Income    |             |              |
|             |             |           | Sold amount | Pricing are  |
|             | -           |           | 303.27      | charged in   |
|             | Mr.Hiroyuki |           | million     | the normal   |
|             | Nakano      |           | baht        | course of    |
|             |             |           |             | business and |
|             | -           |           | Balance     | same         |
|             | Mr.Apichart |           | 30.36       | practice     |
|             | Lee         |           | million     | with the     |
|             | issaranukul |           | baht        | outsider.    |
|             |             |           |             |              |
|             | -           |           | Amount 0.65 | In the       |
|             | Mr.Katsumi  |           | million bah | normal       |
|             | Kondo       |           |             | course of    |
|             |             |           |             | business and |
|             | 3. Thai     |           |             | same         |
|             | Stanley     |           |             | practice in  |
|             | holding 10% |           |             | Stanley      |
|             |             |           |             | Group        |
+-------------+-------------+-----------+-------------+--------------+
| 6. Stanley  | 1. Common   | 1.        | Purchased   | Specifically |
| Electric    | major       | P         | amount -    | products     |
| Engineering | shareholder | urchasing | million     |              |
| India PVT   | as Stanley  | raw       | baht        | Pricing are  |
| Ltd.        | Electric    | material  |             | charged in   |
|             | Co.,Ltd.    |           | Balance -   | the normal   |
|             | Holding 90  |           | million     | course of    |
|             | %           |           | baht        | business and |
|             |             |           |             | same         |
|             | 2. Common   |           |             | practice     |
|             | director 1  |           |             | with the     |
|             | person as   |           |             | outsider.    |
|             |             |           |             |              |
|             | -           |           |             |              |
|             | Mr.Katsumi  |           |             |              |
|             | Kondo       |           |             |              |
|             |             |           |             |              |
|             | 3.Thai      |           |             |              |
|             | Stanley     |           |             |              |
|             | holding 10% |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| 7. Sirivit  | 1.  Thai    | 1.        | Purchased   | Specifically |
| Stanley     |     Stanley | P         | amount      | products     |
| Co.Ltd.     |     holding | urchasing | 218.89      |              |
|             |     15%     | raw       | million     | Pricing are  |
|             |             | material  | baht        | charged in   |
|             | 2.  Common  |           |             | the normal   |
|             |             | 2.        | Balance     | course of    |
|             |    director | Selling   | 23.27       | business and |
|             |     3       | raw       | million     | same         |
|             |     persons | material  | baht        | outsider.    |
|             |     as      |           |             |              |
|             |             |           | Sold amount | Pricing are  |
|             |     -   -   |           | 20.40       | charged in   |
|             | Mr.Hiroyuki |           | million     | the normal   |
|             |             |           | baht        | course of    |
|             |      Nakano |           |             | business and |
|             |             |           | Balance     | same         |
|             |     -   -   |           | 19.29       | outsider.    |
|             | Mr.Apichart |           | million     |              |
|             |         Lee |           | baht        |              |
|             | issaranukul |           |             |              |
|             |             |           |             |              |
|             |     -   -   |           |             |              |
|             |             |           |             |              |
|             |   Mr.Koichi |           |             |              |
|             |             |           |             |              |
|             |      Nagano |           |             |              |
|             |             |           |             |              |
|             |     -       |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| Name of     | Related     | Related   | Transaction | The          |
| Company     | ties        | tr        | Amount and  | reasonable   |
|             |             | ansaction |             | of           |
|             |             | details   | Balance at  | transactions |
|             |             |           | 31 March    |              |
|             |             |           | 2012        |              |
+-------------+-------------+-----------+-------------+--------------+
| 8. Top      | 1.  1.Thai  | 1.        | Purchased   | Pricing are  |
| Hightech    |     Stanley | P         | amount 0.45 | charged in   |
| Co.,Ltd.    |     holding | urchasing | million     | the normal   |
|             |     13.93%  | raw       | baht        | course of    |
|             |             | material  |             | business and |
|             | 2.  2.      |           | Balance -   | same         |
|             |     Common  |           | million     | practice     |
|             |             |           | baht        | with the     |
|             |    director |           |             | outsider.    |
|             |     1       |           |             |              |
|             |     person  |           |             |              |
|             |     as      |           |             |              |
|             |             |           |             |              |
|             | 3.  -       |           |             |              |
|             |             |           |             |              |
|             | Mr.Hiroyuki |           |             |              |
|             |     Nakano  |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| 9. Sum      | 1. Thai     | Hire for  | Hire amount | Pricing are  |
| Hitech      | Stanley     | surface   | 66.88       | charged in   |
| Co.,Ltd.    | holding     | of        | million     | the normal   |
|             | 16.35%      | injection | baht        | course of    |
|             |             | plastic   |             | business and |
|             | 2. Common   | part      | Balance     | same         |
|             | director 1  |           | 1.15        | practice     |
|             | person as   |           | million     | with the     |
|             |             |           | baht        | outsider.    |
|             | -           |           |             |              |
|             | Mr.Hiroyuki |           |             |              |
|             | Nakano      |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| 10. Inoue   | 1.Thai      | 1.        | Purchased   | Pricing are  |
| Rubber      | Stanley     | P         | amount      | charged in   |
| (Thailand)  | holding     | urchasing | 20.64       | the normal   |
| Public      | 0.02%       | raw       | million     | course of    |
| Company     |             | material  | baht        | business and |
| Limited     | 2.Common    |           |             | same         |
|             | director 4  |           | Balance     | practice     |
|             | person as   |           | 4.45        | with the     |
|             |             |           | million     | outsider.    |
|             | -           |           | baht        |              |
|             | Mr.Apichart |           |             |              |
|             | Lee         |           |             |              |
|             | issaranukul |           |             |              |
|             |             |           |             |              |
|             | -           |           |             |              |
|             | Mr.Thanong  |           |             |              |
|             | Lee         |           |             |              |
|             | issaranukul |           |             |              |
|             |             |           |             |              |
|             | -           |           |             |              |
|             | Mrs.Pimjai  |           |             |              |
|             | Laochinda   |           |             |              |
|             |             |           |             |              |
|             | -           |           |             |              |
|             | M           |           |             |              |
|             | rs.Pornthip |           |             |              |
|             | Sethiwan    |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| 11. The     | 1.The       | 1.        | Sold amount | Pricing are  |
| Sittipol    | s           | Selling   | 152.08      | charged in   |
| 1919        | hareholders | goods,    | million     | the normal   |
| Co.,Ltd.    | holding     |           | baht        | course of    |
|             |             |           |             | business and |
|             | 3.34%       |           | Balance     | same         |
|             |             |           | 50.43       | practice     |
|             | 2.Common    |           | million     | with the     |
|             | director 2  |           | baht        | outsider.    |
|             | persons     |           |             |              |
|             |             |           |             |              |
|             | as          |           |             |              |
|             |             |           |             |              |
|             | -           |           |             |              |
|             | Mr.Thanong  |           |             |              |
|             | Lee         |           |             |              |
|             | issaranukul |           |             |              |
|             |             |           |             |              |
|             | -           |           |             |              |
|             | M           |           |             |              |
|             | rs.Pornthip |           |             |              |
|             | Sethiwan    |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| 12. Lumax   | 1.Thai      | 1.        | Purchased   | Pricing are  |
| Industries  | Stanley     | P         | amount 0.45 | charged in   |
| Co.,Ltd.    | holding     | urchasing | million     | the normal   |
|             | 1.73%       | goods     | baht        | course of    |
|             |             |           |             | business and |
|             | 2. Common   | 2.        | Balance     | same         |
|             | major       | Selling   | 0.34        | practice     |
|             | shareholder | goods     | million     | with the     |
|             | as Stanley  |           | baht        | outsider.    |
|             | Electric    | 3.Other   |             |              |
|             | Co.,Ltd.    | Income    | Sold amount | Pricing are  |
|             | Holding     |           | 1.74        | charged in   |
|             | 26.31 %     |           | million     | the normal   |
|             |             |           | baht        | course of    |
|             |             |           |             | business and |
|             |             |           | Balance     | same         |
|             |             |           | 0.59        | practice     |
|             |             |           | million     | with the     |
|             |             |           | baht        | outsider     |
|             |             |           |             |              |
|             |             |           | Amount 0.23 | In the       |
|             |             |           | million     | normal       |
|             |             |           | baht        | course of    |
|             |             |           |             | business and |
|             |             |           |             | same         |
|             |             |           |             | practice in  |
|             |             |           |             | Stanley      |
|             |             |           |             | Group        |
+-------------+-------------+-----------+-------------+--------------+
| Name of     | Related     | Related   | Transaction | The          |
| Company     | ties        | tr        | Amount and  | reasonable   |
|             |             | ansaction |             | of           |
|             |             | details   | Balance at  | transactions |
|             |             |           | 31 March    |              |
|             |             |           | 2012        |              |
+-------------+-------------+-----------+-------------+--------------+
| 13. Total   | 1.Common    | 1.        | Purchased   | Pricing are  |
| Oil         | director 2  | P         | amount 0.07 | charged in   |
| Co.,Ltd.    | person as   | urchasing | million     | the normal   |
|             |             | goods     | baht        | course of    |
|             | -           |           |             | business and |
|             | Mr.Apichart |           | Balance -   | same         |
|             | Lee         |           | million     | practice     |
|             | issaranukul |           | baht        | with the     |
|             |             |           |             | outsider.    |
|             | -           |           |             |              |
|             | Mr.Thanong  |           |             |              |
|             | Lee         |           |             |              |
|             | issaranukul |           |             |              |
+-------------+-------------+-----------+-------------+--------------+
| 14. Siam    | 1. Common   | 1. Law    | Purchased   | Pricing are  |
| City Law    | director 1  | service   | amount 0.28 | charged in   |
| Offices     | person as   |           | million     | the normal   |
| Limited     |             |           | baht        | course of    |
|             | -           |           |             | business and |
|             | Mr.Picharn  |           | Balance -   | same         |
|             | S           |           | million     | practice     |
|             | ukparangsee |           | baht        | with the     |
|             |             |           |             | outsider.    |
+-------------+-------------+-----------+-------------+--------------+

2.  Transaction with the company whose Stanley Electric Co.,Ltd. Is the
    major shareholders , the

transaction are purchasing and selling in raw material or goods that are
specific materials which are manufactured on a large scale at one source
for cost saving benefit. Pricing are charged in the normal course of
business and same practice with the outsiders, details as follows :

+-----------------------------+-------------------------+--------------+
| Company Name                | Transaction Amount in   | Balance as   |
|                             | 2011                    | at 31 March  |
|                             |                         | 2012         |
+-----------------------------+-------------------------+--------------+
| 1.  Guangzhou Stanley       | Purchased amount -      | - million    |
|     Electric (China)        | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 2.18        | 0.08 million |
|                             | million baht            | baht         |
|                             |                         |              |
|                             | Other Income amount     | - million    |
|                             | 0.01 million baht       | baht         |
+-----------------------------+-------------------------+--------------+
| 2.  Stanley Iwaki Factory   | Purchased amount 6.49   | - million    |
|     (Japan)                 | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 1.58        | - million    |
|                             | million baht            | baht         |
+-----------------------------+-------------------------+--------------+
| 3.  Stanley Electric (Asia  | Purchased amount 6.55   | 0.08 million |
|     Pacific) (Taiwan)       | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 1.16        | 0.21 million |
|                             | million baht            | baht         |
+-----------------------------+-------------------------+--------------+
| 4. Shenzhen Stanley         | Purchased amount 12.34  | 1.07 million |
| Electric Co.,Ltd.           | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount - million   | - million    |
|                             | baht                    | bath         |
+-----------------------------+-------------------------+--------------+
|   5. Stanley Electric US    | Purchased amount 1.19   | - million    |
|   Inc. (U.S.A)              | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 0.16        | 0.03 million |
|                             | million baht            | baht         |
|                             |                         |              |
|                             | Technical Service       | - million    |
|                             | Income                  | baht         |
|                             |                         |              |
|                             | amount 1.14 million     |              |
|                             | baht                    |              |
+-----------------------------+-------------------------+--------------+
|   6. Tianjin Stanley        | Purchased amount 89.29  | - million    |
|   Electric Co.,Ltd. (China) | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 0.76        | 0.12 million |
|                             | million baht            | baht         |
+-----------------------------+-------------------------+--------------+
| 7. II Stanley Co.,Inc       | Purchased amount -      | - million    |
| (America)                   | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 10.22       | - million    |
|                             | million baht            | baht         |
+-----------------------------+-------------------------+--------------+
| Company Name                | Transaction Amount in   | Balance as   |
|                             | 2011                    | at 31 March  |
|                             |                         | 2012         |
+-----------------------------+-------------------------+--------------+
| 8. Shanghai Stanley         | Purchased amount 7.25   | 1.29 million |
| Electric                    | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount - million   | - million    |
|                             | baht                    | baht         |
+-----------------------------+-------------------------+--------------+
| 9. Stanley Electric Hungary | Purchased amount -      | - million    |
|                             | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 0.06        | - million    |
|                             | million baht            | baht         |
+-----------------------------+-------------------------+--------------+
| 10. Stanley Electric Do     | Purchased amount -      | - million    |
|     Brazil LTDA             | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 2.97        | 2.76 million |
|                             | million baht            | baht         |
|                             |                         |              |
|                             | Other Income amount     | - million    |
|                             | 0.05 million baht       | baht         |
+-----------------------------+-------------------------+--------------+
| 11. Stanley NIIGATA Wo      | Purchased amount -      | - million    |
|                             | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount 3.36        | - million    |
|                             | million baht            | baht         |
+-----------------------------+-------------------------+--------------+
| 12. Stanley Electric (Asia  | Purchased amount 0.14   | - million    |
|     Pacific) Singapore      | million baht            | baht         |
|                             |                         |              |
|                             | Sold amount - million   | - million    |
|                             | baht                    | baht         |
+-----------------------------+-------------------------+--------------+

The approval for the related transactions

In Year 2011 , the related transactions was the normal course of
business and same practice with the outsider , such as price comparison
, selling price is determined based on manufacturing cost plus a certain
margin. The related transaction controlling by the management director.

Policy or Trend towards Potential the related transaction

The related transaction to be continued, because of the raw material or
goods are specifically and used only in Stanley Group. The selling price
is determined base on manufacturing cost plus a certain margin that the
normal course of business. Whatever these transaction are belong to The
Purchasing and Selling products and assets policy , that announcement
since year 2004 and for others transaction will consideration belong to
The rule of The Stock Exchange of Thailand.

The related transaction Report from Audit Committee

The Audit Committee considered the related transaction in year 2011,
that have transaction may cause conflict of interest, that transaction
with related parties company and normal course of business.