Explanation on Joint Venture with Singapore for Hi-tech Park

BackFeb 14, 2006

Ref  No. 001/007/2006
    
     February 10, 2006
    
     President
     The Stock Exchange of Thailand
     62 Ratchadapisek Road,
     Klongtoei, Bangkok 10110
    
     Dear Sir,
    
     Re  :  Explanation on Joint Venture with Singapore for Hi-tech Park
    
     As there was news about joint venture with a Singaporean Investor for
     Hi-tech Park in some newspaper, which may cause misunderstanding, we would
     like to clarify as follows :-
    
     Amata is now in the process of conducting a feasibility study on the joint
     venture project with the Ascendas, Singapore. The result of the study will
     be completed within next 6 months.
     
     Thank you for your attention.
    
     Yours sincerely,
     AMATA CORPORATION PUBLIC COMPANY LIMITED
    
     Mr. Thomas  Reese
     DIRECTOR