ข่าวแจ้งตลาดหลักทรัพย์

(F 53-4) -Translation- Capital Increase Report Form Bangkok Aviation Fuel Services Public Company Limited February 22, 2007 We Bangkok Aviation Fuel Services Public Company Limited hereby report of the resolution of the board of directors no.1/2007, held on February 22, 2007 from 9.30 to 12.15 hours. in respect of a capital increase/share allotment as follows: 1.Capital increase: The meeting of the board of directors passed a resolution approving the increase of a registered capital of the Company from 424,998,370 Baht to 509,998,044 Baht by means of the issuance of 84,999,674 ordinary shares with a par value of 1 Baht each, totaling 84,999,674 Baht. 2.Allotment of new shares: 2.1 The meeting of the board of directors passed a resolution approving the allotment of 84,999,674 ordinary shares with par value of 1 Baht each, totaling 84,999,674 Baht, the details of which are as follows: Allotted to Existing Shareholders Number(shares) 84,999,674 Ratio (old:new) 5:1 Sale price per share (Baht) - Subscription and payment period - Note The shares shall be allocated for stock dividend payment* *The shares are allocated as share dividend payment to the existing shareholders whereby the closing date of shareholder register book suspending any transfer of shares to determined and identify the shareholders' right to receive dividend be commenced on May 2, 2007 from 12.00 hours. 2.2 The Company's plan in case where there is a fraction of shares remaining In case any shareholder has a fraction of shares remaining less than 5 shares, the dividend therefore would be paid in form of cash dividend instead at the rate of Baht 0.20 per share. 2.3 The number of shares remaining from the allotment is -none- shares with par value of - Baht each, totaling - million Baht. 3.Schedule for shareholders meeting to approve the capital increase/allotment The ordinary meeting of shareholders no. 1/2007 is scheduled to be held on April 20, 2007 at 10.00 hours at Miracle Grand Hotel. The share register will be closed for share transfer in order to determine the right to attend this meeting from April 2, 2007 at 12.00 O'clock, until the meeting has been duly convened. 4. Approval of the capital increase/share allotment by relevant governmental agency and conditions thereto (if any) -None- 5. Objectives of the capital increase and plans for utilizing proceeds received from the capital increase 5.1 To reserve for the allocation of newly issued ordinary shares as stock dividends to the existing shareholders; 5.2 To maintain the Company's financial liquidity by way of issuing stock dividend instead of cash dividend. 6. Benefits which the Company will receive from the capital increase/share allotment: 6.1 Remaining cash flows for internal liquidity management 6.2 Increasing paid-up capital to maintain stable financial status 7. Benefits which the shareholders will receive from the capital increase/ share allotment: 7.1 Dividend policy: At least 50% of net profit after tax and legal reserve 7.2 The persons who receive the allotment of these newly issued shares will be entitled to receive dividends in equivalent to those of the Company's existing shares in the following allocation of dividends in case the Company is to make dividend payment 7.3 Others : -None- 8. Other details necessary for shareholders to approve the capital increase/ share allotment: -None- 9. Schedule of action where the board of directors of the Company passes a resolution approving the capital increase or allotment of new shares: See attachment. The Company hereby certifies that the information contained in this report form is true and complete in all respects. Signed_________________authorized director (Mr.Vinai Chamlongrasdr) Position Director Signed_________________authorized director (M.R.Supadis Diskul) Position Managing Director Attachment Timetable Procedure Date 1) Board of directors meeting and notification of the resolutions to the SET February 22, 2007 2) Closing the shareholders register book suspending any transfer of shares to determined and identify the shareholders' right to attend the Annual General Meeting of the shareholders No. 1/2007 April 2, 2007 3) The Annual General Meeting of the shareholders No. 1/2007 held and notification of the meeting's resolutions to the SETApril 20, 20074) The closing date of the shareholder register book suspending any transfer of shares to determine the right to receive dividends (and share dividends) May 2, 2007