Transfer of shares of executives at CPN

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May 15, 2006



To : The President The Stock Exchange of Thailand

Following the company's executives report regarding changes made to their shareholding in Form 59-2 to the stock exchange committee on May 4th 2006, the company has received additional information from the major shareholders that the changes in shareholding were performed between members of the same family and were done for the sole purpose of amending the family's shareholding structure and were not transactions that involved an outside party.

Please be informed accordingly.

Yours Faithfully,

Naris Cheyklin
Secretary to the Board of Directors