Conversion of Point Asia Dot Com(Thailand)Co.,Ltd.into a PLC

27 July 2007
Tor.11/2550 July 27, 2007 Subject: Conversion of Point Asia Dot Com (Thailand) Co., Ltd. into a Public Limited Company To: President The Stock Exchange of Thailand Loxley Public Company Limited ("the Company") would like to report that Point Asia Dot Com (Thailand) Co.,Ltd. ("Point Asia"), a subsidiary company of Loxbit Public Company Limited ("LOXBIT') which holds 79% of its paid-up capital, converted its status to Public Company Limited and change its name to Point Asia Public Company Limited. For the time being, Point Asia's board of directors, shareholders and share capital have no change. The share capital of Point Asia Public Company Limited is Baht 44,570,000, divided into 4,457,000 ordinary shares with a par value of Bath 10 per share. LOXBIT is the major shareholder, wholly owned 100% of Point Asia's paid-up share capital. Please be notified accordingly. Sincerely yours, Loxley Public Company Limited (Mr. Pichai Mooputtarak) Secretary of Board of Director