) Information Memorandum : SKR-W1


warrants only for the purpose of verifying the names of the holders only. The closing of the warrant register will not have impact on the trading price of warrants. 2. Such compensation as mentioned in 1. shall be made by cheque crossing "A/C payee only" and sent by registered mail to the address stated in the exercise notice within 15 days from registration book closing date. 3. The calculation of the loss that the Company agrees to compensate the holders pursuant to 1. shall be conducted in accordance with the following formula: Loss per 1 unit of warrants = B * [MP - Price] Where; B = the number of shares which cannot be provided and/or increased in accordance with the exercise ratio that is increased per 1 unit of warrant MP = the closing price of the Company's ordinary shares on each exercise date which the holders notified their intention to exercise. Tin the case that such closing price is unable to be determined, the Company and financial advisor will together fix a fair price Price = the warrant exercise price or the price as specified under the adjustment conditions if there is an exercise price and/or exercise ratio adjustment Transferring Restriction 1. Warrants Transfer There is no restriction on warrant transfer except when the transfer occurs during the closing of share registration book to transfer the warrants. 2. Non-Thai natural persons The Company's ordinary shares may be transferred without any restrictions, except that such transferring will result in the shareholding portion of the non-Thai natural persons excess 49% of the paid-up capital of the Company. Others None Financial Advisor Syrus Securities Public Company Limited Prepared By Syrus Securities Public Company Limited a:\skr-w1-e.txt