Traditional holidays for the year 2006

 -Translation from Thai text-
  
                                    4 January 2006
  
   Subject:      Traditional holidays for the year 2006
   Attention:    President
                 The Stock Exchange of Thailand
  
   Pico (Thailand) Public Company Limited would like to inform the traditional
   holidays for the year 2006 to the Stock Exchange of Thailand as follows:
  
   1.     Monday        2     January        Substitution for New Year's Eve
   2.     Tuesday       3     January        Substitution for New Year's Day
   3.     Monday       13     February       Makha Bucha Day
   4.     Thursday      6     April          Chakri Memorial Day
   5.     Thursday     13     April          Songkran Festival Day
   6.     Friday       14     April          Songkran Festival Day
   7.     Monday       15     April          Substitution for Family Day
   8.     Monday        1     May            National Labour Day
   9.     Friday        5     May            Coronation Day
   10.   Friday        12     May            Visakha Bucha Day
   11.   Monday        10     July           Asarnha Bucha Day
   12.   Tuesday       11     July           Buddhist Lent Day
   13.   Monday        14     August         Substitution
                                             H.M. The Queen's Birthday
   14.   Monday        23     October        Chulalongkorn Day
   15.   Tuesday        5     December       H.M.The King's Birthday
   16.   Monday        11     December       Substitution for Constitution Day
  
   Please be informed accordingly.
  
  
                                             Yours faithfully,
  
               (Signed)                        - Signature -
  
                                          Mr. Pised Chungyampin
                                                 Director
                                      Pico (Thailand) Public Co., Ltd.