The Last Notification Period to Exercise TTA-W2 (Revised "SP" Date)
Ref. No. COR:MS/EL04031e/py
13th August 2004
Re : The Last Notification Period to Exercise TTA-W2 (Revised "SP" Date)
To : President of the Stock Exchange of Thailand
Pursuant to the 1/1999 Extraordinary General Shareholders' Meeting of Thoresen Thai Agencies
Public Company Limited on 10th August 1999, it was resolved that the Company issue Warrants-2
(TTA-W2) to the Company's existing shareholders whose names appear on the Company's share register
book on 21st July 1999 and that the Warrant-2 be exercised on 30th of March, June, September and
December of each year. The last exercise date will be scheduled on 30th September 2004 and after the last
exercise date, the warrants will no longer be exercised.
The Company has fixed the date on which the warrant register book of TTA-W2 will be closed for
suspending the transfer of warrants from 31st August 2004 at 12.00 noon until 29th September 2004.
In order to comply with the settlement system of SET, the Company requests SET to suspend
the trading of TTA-W2 (posting "SP" sign) from 26 August 2004 until 30 September 2004. The
TTA-W2 will then be delisted from SET from 1 October 2004.
The details and procedures of the last exercise are as follows:
1. The last exercise date of Warrants (TTA-W2) is 30th September 2004 during 8.30 a.m. to 3.30
p.m. at the 10th Floor, Orakarn Building, 26/26-27, Soi Chidlom, Ploenchit Road, Lumpini, Pathumwan,
Bangkok 10330;
2. The Holder of warrant certificate(s) ("the Holder") is required to notify his/her intention to
exercise warrants within 30 days prior to the Exercise Date, which shall be 31st August 2004 to 29th
September 2004 (the notification period). The Holder can obtain a notice of exercise form at the Company's
head office during the Notification Period;
3. One warrant has a right to subscribe one common share of the Company at the price of 1 Baht
each;
Cont. 2.../
THORESEN THAI AGENCIES PUBLIC COMPANY LIMITED
Page 2 Ref. No. COR:MS/EL04031e/py
4. The Holder who wishes to exercise his/her right on the Exercise Date shall comply with the
conditions governing the notification of intention to exercise by submitting the following documents to the
Company's head office:
4.1 Fully filled exercise notice,
4.2 Warrant Certificate(s) or Certificate receipt(s) in the form prescribed by the SET with the
amount specified in the Exercise Notice,
4.3 Certified copy of his/her personal identification card,
4.4 Payment in the amount specified in the Exercise Notice. The Holder who wishes to exercise
his/her rights shall make payment in the form of cheque, draft, bill of exchange or payment
order from a bank (or banks) which can be cashed in the Bangkok Metropolitan Area when
called within 2 days and shall be made payable to "Thoresen Thai Agencies Public Company
Limited" or in Thai "?????? ?????????? ??????????? ????? (?????)". The date on such
payment form shall not exceed the date of the Exercise Date.
For more information, the Holder can contact Ms. Mantanee Surakarnkul or Ms. Pensiri
Yubolmetarak at telephone No. 250-0569-74 Ext. 144,223.
Yours faithfully,
Thoresen Thai Agencies Public Company Limited
M.R. Chandram S. Chandratat Mr. Ole Teigen
Chairman Director