24 April 1998

CQUIRES MORE STAKES IN CELLOX

Translation BJC ACQUIRES MORE STAKES IN CELLOX Berli Jucker Public Company Limited, on 24 April, 1998, agreed to additionally acquires 0.40% in Cellox Paper Co., Ltd. The registered capital of Cellox is Bt500,000,000.- divided into 50,000,000 shares at Bt10.- each. After that BJC's holding ownership posted 72.96% or 36,481,500 shares. Seller: The former shareholders: - Miss Nattha Panapornsirikul, 100,000 shares at Bt15.- each, totalling to Bt1,500,000.- - Miss Saeng-aroon Wati, 100,000 shares at Bt15.- each, totalling to Bt1,500,000.- 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 (Baht) Total value (Baht) 1. 19.11.97 300,000 15 4,500,000.- 2. 29.01.98 74,000 15 1,110,000.- 3. 10.04.98 35,000 15 525,000.- 4. 24.04.98 200,000 15 3,000,000.- 609,000 9,135,000.- Transaction size: - 0.07% (based on value of acquired asset/total assets of BJC) - 7.83% (based on net profit of Cellox x percent of the additional acquisition/net profit of BJC) - 5.74% (based on number of total shares - (Trademark + Deferred organization cost) x percent of the additional acquisition/BJC's shareholders equity - (Trademark + Deferred organization cost)) This was not classified as procedures, rules and disposition/acquisition of listed company's asset nor connected transaction.