August 4th, 2003
Subject: Notification of Contract Signing on Debt Restructuring
To : The President
The Stock Exchange of Thailand (SET)
The Union Mosaic Industry Public Company Ltd. (UMI) would like to
report the resolution of the Board of Directors of the Company held on July 29th, 2003
that the principle of debt restructuring according to an approval by Thai Asset
Management Corporation (TAMC) has been accepted.
And the Company has already organized the contract signing ceremony
on the Successful Debt Restructuring between Thai Asset Management Corporation
(TAMC) and TISCO Finance Plc. with the Company on Friday, August 1st, 2003 at 2.00
p.m. at Kambhangbejra 2 Room, Sofitel Central Plaza Hotel.
.
For your information and acknowledgement.
Yours sincerely,
Miss Paweena Laowiwatwong
President
The Union Mosaic Industry Public Company Ltd.