19 เมษายน 2542

CQUIRES MORE STAKES IN CELLOX

BJC ACQUIRES MORE STAKES IN CELLOX Berli Jucker Public Company Limited, on 19 April, 1999, agreed to additionally acquires 0.05% 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 75.88% or 37,939,123 shares. Seller: The former shareholder: Mrs Sunetra Prapaikornkiet, 25,000 shares at Bt16.50 each, totalling Bt412,500.- 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. 11.11.98 10,000 15.00 150,000.- 2. 20.11.98 1,600 15.00 24,000.- 3. 20.01.99 165,042 15.00 2,475,630.- 4. 24.02.99 10,000 15.00 150,000.- 5. 16.04.99 25,000 16.50 412,500.- 211,642 3,212,130.- Transaction size: -0.02% (based on value of acquired asset/total assets of BJC) -0.005% (based on net profit of Cellox x percent of the additional acquisition/net profit of BJC) -0.004% (based on Cellox's shareholders equity - (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.