SEC ordered LOXLEY to amend its financial statements

05 สิงหาคม 2547
Tor. 11/2547 August 4, 2004 Subject:Securities and Exchange Commission (SEC) ordered Loxley Public Company Limited to amend its financial statements To: President The Stock Exchange Of Thailand Reference: SEC's Letter No. Kor Lor Tor. Chor. 1003/2547 dated July 21, 2004 Attachment: The amended financial statement ending December 31, 2003 and the 1st Quarter of 2004 financial statements ending March 31, 2004. In furtherance to the Securities and Exchange Commission ("SEC") ordered Loxley Public Company Limited ("the Company") to amend the financial statements ending as of December 31, 2003 and the financial statements of the first quarter ending March 31, 2004 and submit to the SEC. Attached please find the amend financial statements which already reflected account adjustment entry to comply with the order from SEC. The restatement of the financial statements has the effect of reducing the previously reported net profit for the year ended December 31, 2003 by approximately Baht 67 Million (Baht 0.03 per share) and decrease the total assets by approximately Baht 86 Million and Baht 67 Million which was equivalent to 0.8 percent to total assets in the 2003 consolidated balance sheet and the Company's balance sheet, respectively. We would appreciate if you could consider the amended financial statements and lifted all signs posted on "Loxley's" shares. Yours sincerely, Loxley Public Company Limited (Mrs. Suganya Veerakiatkij) Senior Vice President 1