[Translation] Ref. PDI/BK-BS-065/2005 14 November, 2005 To : President The Stock Exchange of Thailand Re.: Clarifications on company's performances in the third quarter and nine-month of 2005 Attached are a copy each of Thai and English version of the unaudited interim financial statements (both consolidated and on the company only) of Padaeng Industry Public Company Limited for the third quarter and nine-month period ended 30 September 2005 together with clarifications on the company's performances during the said periods for the SET's information as follows: From the company's consolidated statement of income for the third quarter of 2005, total sales from revenues and services was Bt1,394.3m which decreased by Bt33.8m or a 2.4% decreased from the same quarter of last year. There was a net profit of Bt108.9m or a net profit per share of Bt0.48 compared to net profit of Bt67.4m or a net profit per share of Bt0.30 in the same period of year 2004, a 61.5% increased. From the company's consolidated statement of income for the nine-month of 2005, total sales from revenues and services was Bt4,516.1m which increased from the same period of last year by Bt260.0m or a 6.1% increased. There was a net profit of Bt441.9m or a net profit per share of Bt1.96 compared to net profit of Bt197.8m or a net profit per share of Bt0.88 in the same period of year 2004, a 123.4% increased. Increase in net profit despite the lower sales volume is due mainly to a much higher LME zinc price in 2005 and the increased input of silicate ore from the company's mine at Mae Sot even though it is somewhat limited by the forward sales of metal locked-in in 2004 to protect against such zinc price fluctuations. Please be informed accordingly. Yours truly, - Signature - (Pinit Vongmasa) Chief Executive Officer Board Secretary Division Tel. 0 2661 9900 Ext. 1402, 1501 Fax. 0 2661 9946 Page 1 of 1