BJC ACQUIRES MORE STAKES IN CELLOX Berli Jucker Public Company Limited, on 24 February, 1999, agreed to additionally acquires 0.02% 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 75.83% or 37,914,123 shares. Seller: The former shareholder: Mrs Jaruwan Buraparat, 10,000 shares at Bt15.- each, Totalling Bt150,000.-. 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. 25.08.98 191,494 15 2,872,410.- 2. 8.10.98 28,400 15 1,926,000.- 3. 28.10.98 57,000 15 855,000.- 4. 11.11.98 10,000 15 150,000.- 5. 20.11.98 1,600 15 24,000.- 6. 20.01.99 165,042 15 2,475,630.- 7. 24.02.99 10,000 15 150,000.- 563,536 8,453,040.- Transaction size: - 0.06% (based on value of acquired asset/total assets of BJC) - 0.002% (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 is not classified according to the procedures, rules and disposition/acquisition of listed company's asset or connected transaction.