Form Reporting Share Repurchases for financial management

Form TS-3.2



                          Form for Reporting Share Repurchases
               In the case where repurchasing the company's own shares is
                           for financial management purposes.
                       L.P.N. Development Public Company Limited
                                Date November 18, 2008


   1. Procedure for repurchasing shares

      /  On the Stock Exchange of Thailand
         The due date of the share repurchase project April 23, 2009
         (This process of share repurchase must be completed within 6 months)

         General offer

   2. Share repurchasing for financial management purposes

       2.1  Date of the resolution of the board of directors to undertake share
            repurchases October 9, 2008

       2.2 The results of share repurchase
           Total number of share repurchases is 62,000,000 shares or equal to
           4.20% of paid-up capital.

 Repurchased        Number of share     Repurchase (Baht/share)        Total
    Date             repurchases    Highest price or Lowest price      (Baht)

November 18, 2008      600,000            2.18          1.96        1,232,400.-

       2.3 Cumulative number of share repurchases
           Cumulative number of shares repurchased to date (including item 2.2)

           5,078,500 shares or equal to 0.344% of paid-up capital which is
           Baht 12,018, 000.- in total.

       The company certifies that the information contained in this report and
attached documents are true and complete in all respects.


                                           Sign   .......................
                                                    (Mr. Opas Sripayak)
                                           Position  Managing Director

Attachments