SCC’s Debentures Worth THB10.00 Bln. To Commence Trading On The Bond Electronic Exchange May 6

Mr. Santi Kiranand Ph.D., Chief Executive Officer of the Bond Electronic Exchange (BEX) of The Stock Exchange of Thailand (SET), announced that the SET Board of Governors has approved the listing of the Siam Cement Pcl.’s (SCC) unsubordinated debentures, worth THB10.00 bln.(approx. USD250 mln.) in total. The listing is comprised of 10 mln. units of subordinated debentures each with a par value of THB1,000. SCC’s debentures will commence trading from May 3, 2005, onwards, using “SCC094A” as their trading symbol.

“The listing of SCC094A will increase the outstanding debentures on the BEX to 43 issues, worth a total of THB205.73 bln.(approx. USD5.14 bln.),” Mr. Santi said.

SCC094A was issued by the Siam Cement Pcl. on April 1, 2005. It has a 4-year maturity from its issue date, and hence will come due in 2009. SCC’s debentures will bear a fixed interest rate of 4.75% p.a. Debenture holders will receive interest payments on the 1st of January, April, July, and October annually until maturity.

The BEX’ CEO elaborated that: “SCC094A are unsubordinated, name-registered, and unsecured debentures with the National Finance Pcl. as their trustee and the Thailand Securities Depository Co. Ltd. as their registrar.

On February 24, 2005, SCC094A was given an ‘A+’ rating by the TRIS Rating Co. Ltd.

For more information on investing in bonds, please contact any securities companies which are SET members, or call the BEX at tel: 0-2229-2783-91. Details on listed bonds on the BEX can be browsed through at www.bex.or.th.