NEWS CLARIFICATION

23 พฤษภาคม 2545
No. Tor. 8/2545 23 May 2002 Subject: News Clarification TO : President The Stock Exchange of Thailand In reference to a news article in a merger of Loxley Information Service Co.,Ltd and C.S. Communication Co.,Ltd. in newspapers. Loxley Public Company Limited queried Point Asia Dot Com (Thailand) Ltd. whose 41% registered share capital is held by LoxBit Company Limited, a subsidiary of the Company about such rumour. The Company was informed that such rumour is inaccurate. The fact is that Point Asia Dot Com (Thailand) Ltd. is, currently, at a preliminary stage to study whether a business co-operation between such two companies is feasible. The two companies have not entered into any contract or any form of business agreement. The Company shall notify you should there be any progress on the matter. Kindly noted that Point Asia Dot Com (Thailand) Ltd. owns 65% of the registered share capital in Loxley Information Services Co., Ltd. Please be informed accordingly. Sincerely yours, Loxley Public Company Limited (Mr.Suraphand Bhasitnirandr) Director