REPORT ON THE RESULT OF A SHARE-OFFERING

[Translation] Ref. PDI.B.02.65/2000 27 July, 2000 To: President The Stock Exchange of Thailand Re. : Report on the result of a share-offering We refer to PDI's letters, ref. PDI.B.02.39/2000 of 12 May 2000 respectively. Enclosed please find a report on the companys share-offering to a specific investor for the SETs information. Yours truly, - Signature - (Arsa Sarasin) Chairman Board Secretary Division Tel. 661-9900 Ext. 1501, 1402 [Translation] Report on the result of a share-offering Padaeng Industry Public Company Limited Registration No. Bor Mor Jor. 293 On 27 July 2000 1. Information relating to the share offerings : - Category of shares offered : New ordinary shares issued from the capital increase - Number of shares offered : 75,100,007 shares - Offered to : The ordinary shares were issued and offered to n.v. Union Miniere s.a. (UM) in the amount of 75,100,007 shares. - Price per share : Bt13.50 per shares, totaling Bt1,013,850,094.50. - Subscription and payment period : 20 July 2000 2. Results of the sale of shares ( X ) Totally sold out ( ) Partly sold out, with ________ shares remaining. The Company has dealt with the remaining as follows 3. Details of the sale Thai Investors Foreign Investors Juristic Ordinary Juristic Ordinary Person Person Person Person Total - Number of persons - - 1 - 1 - Number of shares subscribed - - 75,100,007 - 75,100,007 - Percentage of total shares - - 100 - 100 offered for sale . . . / 2 2 4. Amount of money received form the sale of shares Amount (Baht) Total amount 1,013,850,094.50 Net amount received 1,013,850,094.50 The Company hereby certifies that the information contained in this report is true and complete in all respects. - Signature - Signed ___________________ Authorized Director (Mr. Arsa Sarasin) Position: Chairman of the Board - Signature - Signed ___________________ Authorized Director (Mr. Pinit Wongmasa) Position: Chief Executive Officer