29 July 1998

CQUIRES MORE STAKES IN CELLOX

Translation BJC ACQUIRES MORE STAKES IN CELLOX Berli Jucker Public Company Limited, on 29 July, 1998, agreed to additionally acquires 0.03% 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 74.70% or 37,350,587 shares. Seller: The former shareholder: Mr Somchai Leekamnerdthai, 12,600 shares at Bt15.- each, totalling to Bt189,000.-. 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. 10.04.98 35,000 15 525,000.- 2. 24.04.98 200,000 15 3,000,000.- 3. 27.04.98 4,545 15 68,175.- 4. 1.05.98 2,000 15 30,000.- 5. 25.05.98 200,000 15 3,000,000.- 6. 5.06.98 12,933 15 193,995.- 7. 8.06.98 66,663 15 999,945.- 8. 11.06.98 4,267 15 64,005.- 9. 17.06.98 487,536 15 7,313,040.- 10. 17.06.98 9,493 15 142,395.- 11. 1.07.98 59,550 15 893,250.- 12 8&10.07.98 6,500 15 97,500.- 13 27.07.98 3,000 15 45,000.- 14. 29.07.98 12,600 15 189,000.- 1,104,087 16,561,305.- 2/ Transaction size: - 0.12% (based on value of acquired asset/total assets of BJC) - 0.003% (based on net profit of Cellox x percent of the additional acquisition/net profit of BJC) - 0.004% (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.