BJC ACQUIRES ITS STAKE IN BJC FOODS Berli Jucker Public Company Limited (BJC) agreed to subscribe in full to a 100% capital increase by way of a new issue of shares in Berli Jucker Foods Company Limited (BJC Foods). BJC Foods is BJC's subsidiary in the business of manufacturing snack foods. The details of the transaction are as follows: BJC Foods registered and Paid-up capital: -before capital increase: Baht 170,000,000 divided into 1,700,000 ordinary shares at Baht 100 each -capital increase: Baht 150,000,000 divided into 1,500,000 ordinary shares at Baht 100 each -after capital increase: Baht 320,000,000 divided into 3,200,000 ordinary shares at Baht 100 each BJC's shareholding in BJC Foods: -after capital increase: 3,199,994 shares equivalent to 100% of registered capital Method of Acquisition: Subscription of all 1,500,000 new ordinary shares at the price of Baht 100 each, totaling Baht 150,000,000 The parties involved: BJC hold 100% in BJC Foods Source of fund: Working capital Objective: Long-term investment Benefit: Dividend Transaction size: 1. 2.46% Based on value of acquired asset / Net assets of BJC Group 2. (4.80%) Based on net loss of BJC Foods x per cent of the additional acquisition / Net profit of BJC Group 3. 2.25% Based on net assets value of BJC Foods x per cent of the additional acquisition / Net assets of BJC Group This is not classified as any transaction class under the SET's notification concerning Rules, Procedures and Disclosure of Acquisition and Disposition of Assets of a Listed Company. Date: 15 December 2000