001/020/2007
March 23, 2007
President
The Stock Exchange of Thailand
62 Ratchadapisek Road,
Klongtoei, Bangkok 10110
Dear Sir,
Re. : Subsidiary of Amata Corporation PCL. invest in a new company
Amata Corporation Public Company Limited wishes to inform the resolution of the Board of Directors of Amata City Company Limited, a subsidiary company in which Amata Corp. holds 83.67% shares, at the meeting No. 1/2007 held on March 23, 2007. The meeting approved an investment in Thai-Chinese Rayong Industrial Realty Development Co., Ltd. The details are as follows :-
| 1.The date on which transaction occur: | April , 2007 |
| 2.The company name: | Thai-Chinese Rayong Industrial Realty Development Co., Ltd. |
| 3.The nature of its business: | Rental factory business |
| 4.Registered capital: | Baht 50 Million |
| 5.Paid-up capital: | Baht 50 Million |
| 6.Purchasing price per share (unit): | Baht 100 |
| 7.Proportion of securities: | Minimum 30% |
| 8.Board of directors compose of 5 persons, including 2 persons from Amata City Co., Ltd that is Mr.Viboon Kromadit and Mr. Huang Zhengyu | |
| 9.ShareholdersName% of shares held |
1. Mr.Wang Li Cheng:40% 2. Mr.Xiao Qi Jing:8% 3. Mr.Xu Gen Luo:1% 4. Amata City Co.,Ltd.:Minimum 30% 5. Others:The rest |
| 10.The benefit expected to be received: | Dividend |
| 11.The sources of funds: | Income from selling land to Thai-Chinese Rayong Industrial Realty Development Co., Ltd.For your information. |
Yours sincerely,
AMATA CORPORATION PUBLIC COMPANY LIMITED
Pol.Gen. Chavalit Yodmani
Chairman