SET Announcements

Acquisition and disposition of assets Tor 12/2555 21 June 2012 Subject: Disposal of Investment of a Subsidiary To President The Stock Exchange of Thailand Loxley Public Company Limited (the "Company") was informed by Societe Commerciale Lao Co., Ltd., a subsidiary which the Company holds 66.50% of its shares, disposed its whole 38% shares in Mega Management Co., Ltd., Lao People's Democratic Republic. The shares were sold to a non-related person as following details: Transaction Date: September 2011 Involved Parties: Buyer: A Lao who does not have any relationship with the Seller in the manner of related person according to the Notification of the Board of Governors of The Stock Exchange of Thailand Re: Rules, Procedures and Disclosure on connected transactions of listed companies, B.E. 2546. Seller: Societe Commerciale Lao Co., Ltd. General Characteristics of the Transaction: Societe Commerciale Lao Co., Ltd. disposed the investment in Mega Management Co., Ltd., 38% of the registered capital for the amount of Baht 7 million. Size of the Transaction: Criteria to calculate size of the transaction is the total value of the consideration equal to 0.07% (the Interim Financial Statements for the six-month period ended 30 June 2011). Proportion after the Transaction: None Reason of Disposal: Business operation has not achieved. Such transaction was the termination of joint venture with another company, where the investment is 10% or more of the registered capital and the size of the transaction does not exceed 15%. The transaction is therefore not regarded as the transaction required the disclosure of information as per the Notification of the Board of Governors of The Stock Exchange of Thailand Re: Rules, Procedures and Disclosure on the acquisition and disposal of assets of listed companies, B.E. 2547. Please be informed accordingly. Sincerely yours, Loxley Public Company Limited (Mr. Pichai Mooputtarak) Company Secretary ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.