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RRC entered into credit facilities agreements

March 29th, 2007

Mr. Chainoi Puankosoom, President of Rayong Refinery Public Company Limited (RRC), entered into long-term credit facilities agreements in a total amount of Baht 7,000 million with a group of local financial institutions, namely Krung Thai Bank Public Company Limited, Siam Commercial Bank Public Company Limited, Bangkok Bank Public Company Limited, Siam City Bank Public Company Limited, The Government Savings Bank, and TMB Bank Public Company Limited.

Mr.

Chainoi Puankosoom, President of RRC, said, “The fund received will be used to partially refinance the existing debt for continuous investment in our expansion project, and also used as working capital for general corporate purpose.  The new loans remain under the covenant of existing loans.” Tel.      0-2937-1099

Fax      0-2937-1098

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