SET Announcements
FORM OF REPORT TO THE EXCHANGE OF THE SALE OF SHARE (F53-5)
02 November 1999
                                
                                    (F53-5)
      Form of Report to the Exchange of the Results of the Sale of Shares
            Noble Development Public Company Limited
                       November 1, 1999
   1. Information relating to the shares offering 
  Shares Offering
       Category of shares offered    Ordinary shares
       Number of shares offered      1,100,000 shares (One million and one
                                 hundred thousand shares)  
       Offered  to                   Private placement basis to not exceeding
                                 35 persons and/or 17  types of investors
                                 pursuant to the Notification of the 
                                 Securities and Exchange Commission, Re:
                                 Rules,Conditions and Procedures Governing
                                 Request for and Approval of Offering of 
                                 Newly Issued Shares dated May 18, 1992
                                 and the name described as follows :  
                                 - Kiatnakin Finance Public Company Limited 
                                   1,100,000 shares          
   Price per share               10 Baht (Ten Baht only)                                                                                                                 
   Subscription Date and         October 20, 1999 
   Payment Date
                                                                                                                                       
2. Results of the sale of shares :
   [ / ] totally sold out
   [   ] partly sold out, with.....- N/A -.. .. Shares remaining.
   The company will deal with the remaining shares as follows:
   ..................... - N/A - ...................
   
3. Details of the sale 
                              Thai Investors   Foreign Investors  Total  
                             Juristic  Natural  Juristic Natural
                              Persons  Persons  Persons  Persons 
      Number of persons               1        -        -       -       1
      Number of shares subscribed 1,100,000    -        -       -   1,100,000
      Percentage of total shares   100.00      -        -       -     100.00
  offered for sale
  (at this time)  
   4. Amount of money received from the sale of shares 
      Total amount                  11.0    million Baht     
  Less expenses                  0.0    million Baht  
       Net amount received      11.0    million Baht     
   
   The Company hereby certifies that the information contained in this
report is true and complete in all respects.
   
        Signed _______________________
           (Kitti  Thanakitamnuay)
              Managing Director
   
        Signed ________________________
           (Sitti  Leelakasamelerk)
                   Director