Exercise of Prefered-to-Common Share Conversion No.2/2007

BackApr 26, 2007

(Unofficial  Translation)
Thanachart Capital  Pubic Company  Limited

TCAP/MDO.No.103/2007

Date  :   25 April,2007

Subject  :  Exercise Of Preferred-to-Common Share Conversion No.2/2007

Attn     :  Director and  President
            The Stock Exchange of Thailand

Referring to the Meeting of Board of Directors of Thanachart Capital Pubic
Company Limited No.5/2536 on September 30,1993,the Board of Directors have
approved the announcement of tenet.Conditions and  Preferred-to-common share
conversion procedure, which  one preferred share can be converted to one common
share without costs.

The Company would like to inform the time schedule of share conversion
No.2/2007 on 15 May,2007.The preferred share's holders can Subscribe the
preferred-to-common share conversion during office hours (8.30 am-4.30 pm)
of the date from February 10,11,14 to May 15,2007 at Thailand Securities
Depository Company Limited,1st Floor,Stock Exchange  of  Thailand  Building,
Rachadapisek, Krang  Klong-Toey, Khet Klong-Toey,Bangkok

Your acknowledgement and release of information are appreciated.

Thanachart Capital  Public Company Limited

Natkrita  P.Swetpajarapon

Natkrita  P. Swetpajaraporn
Authorized person

Contact preson : Prapaipat  Chumpolwong
Corporate Secretariate  Group
Tel.02-217-8160,02-217-8199   Ext.3009