February 27, 2009 Subject: Operating Results for the year 2008 Attention : The President of the Stock Exchange of Thailand Tirathai Public Company Limited and its subsidiaries have already submitted its audited financial statement for the year 2008. The Company has net profit of 203.94 million Baht, increased from last year 82.68 million Baht or representing 68.18% and would like to clarify as follows: 1. The Company has the revenue from Sales and Service equivalent to 2,106.18 million Baht, increased from last year 696.75 million Baht or 49.43%. 2. Gross profit margin is at 27.50% which is in line with the projection due to cost effective management. 3. The company has the expenses incurred from the adjusted imported duty rate notified by the Customs Department for the amount of 10.69 million Baht on the additional assessed import duty on the imported raw material "ON LOAD TAP CHANGER" and "HV. BUSHING" in the past year for all electrical industrial companies, and expects to be assessed more and to pay addition import duty of 12.94 million Baht. 4. The Company has reclassified the Allowance for Doubtful Account from Account Receivables of subsidiary company for the amount of 20.33 million Baht because the Company's Executive Committee and Board of Directors of subsidiary company have the resolution to close down one of its subsidiary company and sell all properties at book value price to the Company and settle all liabilities until its completion. Please be informed accordingly. (Mr.Upakrom Thaweephoke) Executive Committee and Company Secretary