Translation BJC ACQUIRES MORE STAKES IN CELLOX Berli Jucker Public Company Limited, on 29th January, 1998, agreed to additionally acquires 0.15% in Cellox Paper Co., Ltd. The registered capital of Cellox is Baht 500,000,000.- divided into 50,000,000 shares at Baht 10 each. After that BJC's holding ownership posted 72.49% or 36,246,500 shares. Seller: The former shareholders: - Mr. Sompote Leenawatana, 30,000 shares at Baht 15.- each, totalling to Baht 450,000.-, - Mr. Somchai Leekamnertthai, 44,000 shares at Baht 15.- each, totalling to Baht 660,000.-, Relationship: None Source of fund: Working capital Objection: Long-term yield Benefit: Dividend Line-up of share acquisition in Cellox in 6 months: Date No. of shares Price Total value (Baht) (Baht) 1. 25.08.97 1,000,000 15 15,000,000.- 2. 03.09.97 1,346,667 15 20,200,005.- 3. 26.09.97 3,422,222 15 51,333,330.- 2/ 4. 13.10.97 298,667 15 4,480,005.- 5. 15.10.97 192,500 15 2,887,500.- 6. 17.10.97 35,000 15 525,000.- 7. 29.10.97 2,265,695 15 33,985,425.- 8. 19.11.97 300,000 15 4,500,000.- 9. 29.01.98 74,000 15 1,110,000.- 8,934,751 134,021,265.- Transaction size: - 1.10% (based on value of acquired asset/total assets of BJC) - 13.57% (based on net profit of Cellox/BJC) - 2.48% (based on number of total shares multiplied with price of one unit/BJC's shareholders equity) This was not classified as procedures, rules and disposition/acqui- sition of listed company's asset nor connected transaction.