SET Announcements

Tor 15/2551 August 14, 2008 Subject: Submission the Financial Statements Quarter 2/2008 reviewed by the auditors To: President The Stock Exchange of Thailand Enclosure: The Company and Consolidated Financial Statements Quarter 2/2008 Loxley Public Company Limited ("the Company") would like to submit the Company and consolidated financial statements Quarter 2/2008 ended June 30, 2008. The Company's operating results for quarter 2/2008 ended June 30, 2008 represents changes more than 20% compared to the same period at the previous year. The Company would like to notify that regarding to the consolidated financial statements; the Company gained profit from normal operation for the amount of Baht 311.80 million. However,during the period ended June 30, 2008, TT&T Public Company Limited filed the rehabilitation petition to the Central Bankruptcy Court. At present, the proceedings of the Court have not yet been finalized. The Company's management realized that in accordance with the specific criteria set-down by TAS40 an issuer's default on payment or a breach of contract or financial reorganization are evidences indicating that the issuer is impaired.Therefore, the Company has recognized the impairment loss of Baht 1,996 million in respect of the investments in TT&T Public Company Limited. This figure represents the cumulative amount of fair value changes previously recorded in equity that has been reversed to the statements of income as an impairment loss for this period. Finally, the Company recorded net loss Baht (1,683.64) million. Please be informed accordingly. Sincerely yours, Loxley Public Company Limited (Mr. Pichai Mooputtarak) Company Secretary