REPORT MERGER OF INTERN LOXLEY INFORMATION SERVICE CO.,LTD.

07 มีนาคม 2546
Tor.4/2546 March 7, 2003 Subject : Report on the progress of the merger of internet business of CS Loxinfo Company Limited and Loxley Information Service Company Limited To : President The Stock Exchange of Thailand Reference : Letter of Loxley Public Company Limited, Ref No. Tor13/2545 dated 16th October 2002 According to the notification of the merger of internet business of Loxley Information Service Company Limited ("Loxinfo") and CS Loxinfo Company Limited ("CSL"), Loxley Public Company Limited ("the Company") has been reported from Loxley Business Information Technology Company Limited ("Loxbit") in the progress of the merger as the following detailed: 1. On March 6, 2003, CSL (the former named is CS Communications Company Limited) acquired 25,500,000 newly-issue ordinary shares of Loxinfo at par 10 Baht at the total price of 245,000,000 Baht. 2. On March 6, 2003, Point Asia Dot Com (Thailand) Company Limited ("PA") acquired 24,500,000 newly-issue ordinary shares of CSL at par 10 Baht at the total price of 245,000,000 Baht. As the acquisition of CSL, the shareholder structure would be appeared as follows: - Shin Broadband Internet (Thailand) Co., Ltd. 50.02% (99.99% owned by the Company) -Point Asia Group 49.00% * Point Asia Dot Com (Thailand) Co., Ltd. 17.17% * Singapore Telecommunications Limited (SingTel) 16.81% * Zesiger Capital Group LLC 8.66% * Citicapital Limited (Citicapital) 3.68% * The other minority shareholders 2.69% - The Communications Authority of Thailand 0.98% The acquisition of ordinary shares is the process of the merger of both internet businesses and run the business as the Companies's objectives Please be informed accordingly, Sincerely yours, Mr. Pichai Mooputtarak Secretary of Board of Director