Reports of the Results of the Sale of BAFS Shares

(F 53-5) Form of Report to the Exchange of the Results of the Sale of Shares Bangkok Aviation Fuel Services Public Company Limited May 20, 2005 1. Information relating to the share offering Category of shares offered : Common share Number of shares offered : 85,000,000 shares Offered to : Existing shareholders whose names appeared on the company's registrar book at 12.00 hrs. of May 4, 2005 with the offering ratio of 4 existing shares to one new common share Price per share : 0 Baht Subscription and payment period : -None- 2. Results of the sale of shares: [ ] Totally sold out [X] Partly sold out, with 1,630 shares remaining due to 1. the fraction from the offering ratio. The company will deal with the remaining shares by paying cash dividend instead at Baht 0.25 per share 2. the ineligibility to receive dividend as specified in the regulations and procedure of TSD 3. Details of the sale Thai investors Foreign investors Juristic Natural Juristic Natural Total persons persons persons persons Number of persons 81 3,315 7 12 3,415 Number of shares 50,065,150 18,767,970 15,983,750 181,500 84,998,370 subscribed Percentage of total 58.9 22.1 18.8 0.2 100.0 shares offered for sale 4. Amount of money received from the sale of shares Total amount - million Baht Less expense (specify) - million Baht Net amount receive - million Baht The company hereby certifies that the information contained in this report is true and complete in all respects. Signed -M.R. Supadis Diskul- (M.R. Supadis Diskul) Managing Director