SET Announcements

Capital Increase Report Form Loxley Public Company Limited March 12, 2007 Loxley Public Company Limited (the"Company") would like to report of the resolution of the Board of Directors Meeting No.2/2007, held on March 9, 2007, in respect of a capital increase and share allotment as the following details: 1. Capital Increase: The Board of Directors Meeting No.2/2007 passed a resolution approving the increase of a registered capital of the Company from Baht 1,998,078,970 to Baht 2,650,000,000 by means of the issuance of 651,921,030 new ordinary shares with a par value of 1.00 Baht each, totaling Baht 651,921,030. 2. Allotment of New Shares The Board of Directors Meeting passed the resolution approving the allotment of 651,921,030 ordinary shares with par value of 1.00 Baht each, totaling Baht 651,921,030. The details of which are as follows: Details of New Shares Allotment: 2.1 Allotted to : Ekpavee Co.,Ltd. Number of Shares : 1,921,030 shares Sale price per share (Baht) : The offering price is calculated by the weighted average price of the Company shares from 7-15 consecutive trading days prior to the Board of Directors meeting to determine the issue price. Subscription and Payment Period : Determine by the Board of Directors Remarks : - 2.2 Allotted to: Reserve for convertible debenture holders for their conversion debt into equity Number of Shares : 650,000,000 shares Sale price per share (Baht) : Determine by the Board of Directors Subscription and Payment Period : Determine by the Board of Directors Remarks : - 3. Schedule for Annual General Shareholders Meeting to Approve the Capital Increase/Allotment The Annual General Meeting of Shareholders No. 1/2007 will be held on April 24, 2007 at 2.00 p.m. at Montien Riverside Hotel, Vimandthip Room, 5th Floor, Rama 3 Road, Bangkok and the closing dated for share registered of the meeting and rights to receive dividends will be on April 4, 2007 at 12.00 p.m. until the date of the meeting. 4. Objectives of the Capital Increase and the Use of Increased Capital 1. Reserve for the Company's working capital 2. To support and strengthen the business operation of the Company. 3. To Reserve for convertible debenture holders for their conversion debt into equity 5. Benefits obtained by the Company 1. To increase working capital for business operation 2. To strengthen the capital base of the Company. 6. Timetable proposed by the Board of Directors of the company to pass a resolution to increase shares capital or allotment of new shares. Activities Date -The Board of Director's March 9, 2007 Meeting No. 2/2007 -Notify of the resolution march 9, 2007 of the Board of Directors No. 2/2007 and the Capital Increase Report form (F53-4) -The closing date of the April 4, 2007 share register book for determining the rights to attend the Annual General Meeting of Shareholders No. 1/2007 -The Annual General Meeting April 24, 2007 of Shareholders and Reports on the shareholder's resolutions No.1/2007 -Registration of capital increase Within 14 days with the Ministry from the date the of Commerce Annual General Shareholder's Meeting The Company hereby certifies that the information contained in this report form is true and correct in all aspects. Signature................... (Mr.Pichai Mooputtarak) Secretary of Board of Director