Report on Operating Performance of 3rd Quarter 2006

BackNov 14, 2006

Ref. No. 006/71/154/2006

November 14, 2006

President
The Stock Exchange of Thailand
62 Ratchadapisek Road,
Klongtoei, BANGKOK 10110

Dear Sir,

Re : Report on Operating Performance of 3rd Quarter 2006

Amata Corporation Public Company Limited (Amata) and its subsidiary companies would like to report the net profit of 3rd quarter 2006 of 148.02 million baht, and that of the nine months 2006 of 579.15 million baht. When comparing the operating performance of 3rd quarter 2006 and the nine months 2006 with that of the same period last year, the net profit of 3rd quarter 2006 declined by 113.12 million baht, and the nine months net profit declined by 306.12 million baht.

The net profit of the Company for this year decreased because of the slow down of the real estate business due mainly to the uncertainty of the political situation of the country and no new incentives to attract foreign investors. Though the net profit decreased, the gross margin from land sale increases because the Company has been successful in controlling and reducing the costs.

For your information.

 

Yours sincerely,
AMATA CORPORATION PUBLIC COMPANY LIMITED

 

Thomas H. Reese
PRESIDENT AND COO.