SECURITIES GRANTED BY THE SET

23 December 1999
SECURITIES GRANTED BY THE SET Starting 27 December 1999, the Stock Exchange of Thailand (SET) allows the securities of Swedish Motors Corporation Public Company Limited (SMC) and Noble Development Public Company Limited (NOBLE) to be listed on the SET after the companies had completed theirs capital increase procedures. |------------------------------------------------------------------------| | |Issued and Paid up Capital|Allocate to/ |Ratio|Price| Exercise | | Name | (Baht) |No. of shares | | Per | Payment | | |--------------------------| | |Share| Date | | | Old | New | | | | | |------|------------|-------------|--------------|-----|-----|-----------| |SMC |361,644,400 |2,355,563,880|1. 1,717,039 |1:100| 10 |29 Nov. 99 | | | | |Convertible | | | | | | | |Debentures, | | | | | | | |Sold to | | | | | | | |private | | | | | | | |placement, | | | | | | | |Convert to | | | | | | | |171,703,900 | | | | | | | |common shares | | | | | | | |2. Volvo Car | - | 10 |29 Nov. 99 | | | | |Corporation | | | | | | | |27,688,048 | | | | | | | |shares | | | | |------|------------|-------------|--------------|-----|-----|-----------| |NOBLE |877,565,130 | 913,565,130 |Convertible |1:30 | - |14 Dec. 99 | | | | |debentures | | | | | | | |holders | | | | | | | |3,600,000 | | | | | | | |shares | | | | |------|------------|-------------|--------------|-----|-----|-----------| vb/ne-perm.txt