REPORTS RESULT OF SHARE OFFERING

11 July 1996
Haad Thip Plc (HTC), following the board of directors meeting no.53 /1996, held on March 25, 1996, has alloted the remaining capital increased shares to existing shareholders amounting to 3,320,312 shares at a ratio of 4 existing shares to 1 new share at the price of Bt20 apiece. The odd shares will be held for directors to allot them later. Report of result of the share offering Hadd Thip Plc. (HTC) July 10, 1996 1. Information of the shares offered : Type of shares offered : Common shares Number of shares offered : 3,320,312 shares Offered to : Existing shareholders Subscription and payment date : June 17 - 25, 1996 2. Result of share offering : [ ] all sold out [/] some 62 remaining shares and these to be added with unalloted common shares and reserve them for the next allotment. 3. Details of share offering : Thai Investor Foreign Investor Juristic Individual Juristic Individual Total Number of persons 45 490 15 3 553 Number of shares subscribed 430,646 2,380,903 502,899 5,802 3,320,250 % of total shares 12.970 71.707 15.146 0.175 99.998 offered 4. Total proceeds from the share offering : Total proceeds from sales Bt66,405,000.00 Less Total expenses - Net proceeds Bt66,405,000.00