NEWS CLARIFICATION
23 May 2002
No. Tor. 8/2545 23 May 2002
Subject: News Clarification
TO : President
The Stock Exchange of Thailand
In reference to a news article in a merger of Loxley Information Service Co.,Ltd and
C.S. Communication Co.,Ltd. in newspapers.
Loxley Public Company Limited queried Point Asia Dot Com (Thailand) Ltd. whose
41% registered share capital is held by LoxBit Company Limited, a subsidiary of the
Company about such rumour. The Company was informed that such rumour is
inaccurate. The fact is that Point Asia Dot Com (Thailand) Ltd. is, currently, at a
preliminary stage to study whether a business co-operation between such two
companies is feasible. The two companies have not entered into any contract or any
form of business agreement. The Company shall notify you should there be any
progress on the matter.
Kindly noted that Point Asia Dot Com (Thailand) Ltd. owns 65% of the registered
share capital in Loxley Information Services Co., Ltd.
Please be informed accordingly.
Sincerely yours,
Loxley Public Company Limited
(Mr.Suraphand Bhasitnirandr)
Director