Purchase a commercial condominium from Grand Parkview Asoke

Attention:The Director and Manager The Stock Exchange of Thailand

We would like to inform you of our purchase of a commercial condominium from Grand Parkview Asoke Project with the following details:

Purchase of a commercial condominium of Grand Prkview Asoke Project

1.Date of transaction: 24 February 2006

2.Contracted parties: Grand Unity Development Co., Ltd. (L.P.N. Development PCL. Have been held 33.33% of shareholders. The rest are not connected person)

3.Details:

3.1 Total area: 12,633.60 sq.m.
3.2 Location: Grand Parkview Asoke Bldg.,Klongtoey Nua,Wattana,Bangkok
3.3 Type: Commercial Condominium
3.4 Obligation: None

4.Total price: Baht 250,000,000.-(Two hundred and fifty million Bath only)

5.Payment: All Payment was made on the day of ownership transference

6.Sources of fund: Profit from the operation of the Company and financial institution.

7.Objective: for commercial, rental and office

8.Transaction size:By using assets criteria is

250,000,000 x 100 or 5.53%

4,523,697,057.65

Yours sincerely,

(Tikhamporn Plengsrisuk)

Chief Executive Officer