21 December 2006 The President The Stock Exchange of Thailand Bangkok Dear Sir, Re: Change in Accounting Treatment for Investments in Subsidiaries and Associates for Separate Financial Statements The Board of Directors of Berli Jucker Public Company Limited at Meeting No. 68 held on Thursday, 21 December 2006 passed the resolution approved to change its accounting treatment for investments in the subsidiaries and associates from the current Equity Method to the Cost Method for its separate financial statements only, by using book value as at 31 December 2006 as cost with effective 1 January 2007 as corresponding to the Announcement No. 26/2549 of The Federation of Accounting Professions on Accounting Standard No. 44. The Company's consolidated financial statements remain unchanged. Please be informed accordingly. Yours faithfully, Berli Jucker Public Company Limited Thirasakdi Nathikanchanalab Sompoth Kosum Director Director 1 2