BERLI JUCKER PUBLIC COMPANY LIMITED ANNOUNCES THE DISPOSAL OF SECURITIES IN THAI GLASS INDUSTRIES PUBLIC COMPANY LIMITED TO RUBIA INVESTMENTS LIMITED, A SUBSIDIARY Berli Jucker Public Company Limited would like to announce the disposal of securities in Thai Glass Industries Public Company Limited to Rubia Investments Limited, a subsidiary as follows: 1. The date on which the transaction occurred: 2 November 1999 2. The parties involved: Name Relationship with the company Buyer: Rubia Investments Limited A subsidiary, 100% shareholding by P.O.Box 957 Berli Jucker Offshore Incorporations Centre Road Town Tortola British Virgin Islands Seller: Berli Jucker Public Company Limited 99 Soi Rubia, Sukhumvit 42 Road Bangkok 3. The general characteristics of the transaction: Disposal of Thai Glass securities 4. The details of securities involved: Securities: -The company name: Thai Glass Industries Public Company Limited -The nature of business: Manufacturer of glass containers -Registered and paid-up capital: Baht585,000,000 divided into 58,500,000 shares at Baht10 each -Number of securities disposed of: 1,673,936 shares -Selling price per share: Baht70 -Proportion of securities holding before: 57,285,306 shares -Proportion of securities holding after: 55,611,370 shares 5. The total value of the consideration: Baht117,175,520 6. The details of connected persons and of related persons: Connected persons: Name Position in the company % shares held Mr. David John Nicol Director of Berli Jucker, None Thai Glass & None Rubia Investment None Mr. Charles Blair Ritchie Director of Berli Jucker, None Sinton Thai Glass & None Rubia Investment None 2/ Related persons: None 7. The basis used to determine the value The value of transaction was determined on of consideration: a basis of the recently tendered price of Baht 70 per share. 8. The reason and the proposed utilization To assist Berli Jucker's funding and working of the proceeds received for the capital position in anticipation of debt disposal of securities: repayment in 2000. 9. The volume of the connected transaction is equal to: -1.62% Based on the net asset value of Thai Glass/net assets of BJC Group -0.001% Based on the net profit of Thai Glass/net profit of BJC Group -0.009% Based on the value of the consideration/net assets of BJC Group David John Nicol President