SET Announcements

Tor 8/2553 22 July 2010 Subject: Establishment of a Subsidiary To: President The Stock Exchange of Thailand Loxley Public Company Limited ("the Company") would like to report on the resolution to approve the establishment of a new subsidiary which was made at the Board of Directors Meeting No. 5/2553 held on 22 July 2010. The details are as follows: 1. Subsidiary Name : Loxley Investment Company Limited 2. Transaction Date: Within July 2010 3. Registered Capital : Baht 100,000,000 divided into 10,000,000 ordinary shares at Baht 10 per share 4. Type of Business : For investment 5. Shareholding Structure : Loxley Public Company Limited holds 10,000,000 shares at Bath 10 per share 6. Source of Fund : Working Capital 7. Size of Transaction : Total value of consideration equals 1.01% (Interim Financial Statements for the three-month period ended 31 March 2010) Such transaction is subject to neither the connected transaction nor significant size of the acquisition and disposal of assets pursuant to the notifications of the Capital Market Supervisory Board and the Stock Exchange of Thailand. Please by informed accordingly. Sincerely yours, Loxley Public Company Limited (Mr. Pichai Mooputtarak) Company Secretary