24 February 2005

Permission to Issue Bill of Exchange has been granted by SEC

February 22nd, 2005 Subject : Permission to Issue Bill of Exchange (B/E) Has Been Granted by SEC. TO : The President The Stock Exchange of Thailand (SET) The Union Mosaic Industry Public Company Limited ("The Company") would like to inform that the Company has been granted to issue Bill of Exchange (B/E) by the Office of Security and Exchange Commission of Thailand (SEC) on February 22nd, 2005. The B/E shall have maximum amount of not more than Baht 500,000,000.00 to be issued to institution investors for single issuing or multiple issuing within 1 year with tenor of B/E not exceeding 270 day. The purpose of issuing B/E is to use as working capital in business because at present the Company has increased production capacity. Please be informed accordingly. Yours Sincerely, (Miss Paweena Laowiwatwong) Chairman of the Executive Board of Directors