July 8, 2010 Subject : Report on the results of the 2nd exercise of (ESOP) at June 30, 2010 To : President The Stock Exchange of Thailand Tirathai Public Company Limited ("the Company") allotted the warrants to purchase ordinary share (ESOP) No.2 for company's directors and employees to the existing shareholders. Details of the allotment are as follows: Number of Warrants (ESOP) : 10,132,000 units Amount of Reserved Shares : 10,132,000 shares Date of Issuance and Offering : October 1, 2009 Exercise Period : The Exercise Date is on the last business day of June and December of each year, throughout the warrant maturity period. (These dates are described as "Exercise Date") For"this, the first exercise date that Warrant holders can exercise their rights ("1st Exercise Date" is on the last business day of December, which will be on December 30, 2009. And the last exercise date that Warrant holders can exercise their rights ("Last Exercise Date") is 2 years after the date indicated in the Warrants, which will be on September 30, 2011. Exercise Ratio : 1 warrant : 1 ordinary share Exercise Price : Baht 3 per share Term : 2 years from the date of issuance of warrants The Company would like to report the result of the 2nd exercise of ESOP at June 30, 2010 as follows: Number of exercisable warrants 2,809,180 units Number of exercised warrants 2,282,233 units Balance of the warrants 5,592,947 units Total number of shares in reserve for exercise of warrants 10,132,000 shares Number of shares in reserve for the current exercise 2,282,233 shares Balance of the shares in reserve for exercise of warrants 5,592,947 shares Amount of money received from the 2ndexercise of ESOP 6,846,699 Baht Please be informed accordingly. Sincerely yours, (Mr.Upakrom Thaweephoke) Executive Director and Company Secretary