03 November 1998

CQUIRES MORE STAKES IN CELLOX

Translation BJC ACQUIRES MORE STAKES IN CELLOX Berli Jucker Public Company Limited, on 28 October, 1998, agreed to additionally acquires 0.11% 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 75.45% or 37,727,481 shares. Seller: The former shareholders: - Mr Pakorn Suwanwatana, 2,000 shares at Bt15.- each - Mr Kriengsak Arunsakchai, 20,000 " " Bt15.- " - Mrs Supawan Trisaranuwatana, 10,000 " " Bt15.- : - Mr Thanakorn Suwanwatana, 3,000 " " Bt15.- : - Mr Boonlerd Chartwiwatpornchai, 2,000 " " Bt15.- " - Mr Chaikrit Limwantha, 20,000 " " Bt15.- " 57,000 shares, totalling to Bt855,000.-. 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. 1.05.98 2,000 15 30,000.- 2. 25.05.98 200,000 15 3,000,000.- 3. 5.06.98 12,933 15 193,995.- 4. 8.06.98 66,663 15 999,945.- 5. 11.06.98 4,267 15 64,005.- 6. 17.06.98 487,536 15 7,313,040.- 2/ Date No. of shares Price (Baht) Total value (Baht) 7. 17.06.98 9,493 15 142,395.- 8. 1.07.98 59,550 15 893,250.- 9.8&10.07.98 6,500 15 97,500.- 10 27.07.98 3,000 15 45,000.- 11. 29.07.98 12,600 15 189,000.- 12. 25.08.98 191,494 15 2,872,410.- 13. 8.10.98 128,400 15 1,926,000.- 14. 28.10.98 57,000 15 855,000.- 1,241,436 18,621,540.- Transaction size: - 0.12% (based on value of acquired asset/total assets of BJC) - 0.02% (based on net profit of Cellox x percent of the additional acquisition/net profit of BJC) - 0.02% (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.