10 August 2007

Clarification of Change in Operation Results xcess 20%

August 9, 2007 Subject : Clarification of Change in Operation Results xcess 20% Attention : The President of the Stock Exchange of Thailand Further to the submission of the 2nd quarter of Tirathai Public Company Limited as of 30.6.2007 to Stock Exchange of Thailand on 9 August 2007, the company would like to report the operating result that the net profit of the 2nd quarter shows 48.387 million Baht which represents 20% change compare to the same period last year as per the following reasons: 1. Total revenue is 467.66 million Baht increased by 66.74 million Baht according to the plan. 2. The gross profit margin represents 23.32% increased from 17% compare to the same period last year. This is as a result of adjustment of the sales price in accordance with the cost and also being able to control the raw material cost to be in line with the budget. 3. The selling and administrative expenses equal to 48.375 million Baht increased by 0.84 million Baht or represents 1.77% increase which is in line with an increase volume of the normal business. Please be informed accordingly. (Mr.Upakrom Thaweephoke) Deputy MD (Financial&Marketing)