SET Announcements

The date for exercising warrants SPALI-W2,W3

08 Mar 2006

March 8, 2006

Re :    The date for exercising warrants SPALI-W2 and SPALI-W3

To      Director and Manager
        The Stock Exchange of Thailand

According to the allotment of the warrant (SPALI-W2), which could be
exercised in every three months, to the existing shareholders on
March 31, 2003. Please be informed that the eleventh exercise date is on
March 31, 2006. The warrantholder who wishes to exercise the warrants can
submit an exercise notice to the Company since 28-30 March 2006 on the
business day at 8.30 a.m. to 3.30 p.m.. The exercise ratio is 1 unit of
warrant can buy 1.07580 ordinary shares at the price of Baht 1 each according
to the criteria and conditions that specified in the prospectus.
Furthermore, the allotment of the warrant (SPALI-W3), which could be
exercised in every three months, to the existing shareholders on
August 30, 2005. Please be informed that the second exercise date is on
March 31, 2006. The warrantholder who wishes to exercise the warrants can
submit an exercise notice to the Company since 24-30 March 2006 on the
business day at 9.00 a.m. to 4.00 p.m.. The exercise ratio is 1 unit of
warrant can buy 1 ordinary share at the price of Baht 1.50 each according
to the criteria and conditions that specified in the prospectus. The contact
person is:
            Miss Arunee  Anutassanakul (Accounting Department)
            Supalai Public Company Limited
            175 Supalai Place Building Sukhumvit 39 Soi,
            Klongtonnua  Wattana Bangkok  10110
             Tel. 0-2258-9494 Ext. 458
If you would like to get any information or an exercise notice, you can
contact at Miss Arunee Anutassanakul and Mrs. Sukanya Suwannarat
Tel. 0-2258-9494 Ext. 458,459

Additionally, we would like to inform that the non-Thai warrantholders could
exercise their warrants if the Company's foreign shareholders proportion is
less than 35 on the exercise date.

Kindly disclose to public accordingly.

Yours Faithfully,

(Mrs.Varunee  Lapitananuvat)
Assistant Managing Director of Finance and Accounting