SET Announcements

August 13, 2002 Re: Declaration of the performance of Noble Development Public Company Limited and its subsidiaries To: President The Stock Exchange of Thailand According to the performance of Noble Development Public Company Limited and its subsidiaries for the six months period ended June 30, 2002 reported net profit of 105.79 MB, which 64.03 MB was for the second quarter comparing to 17.93 MB net loss for the second quarter of the previous year, the Company would like to clarify that the change of the performance more than 20% compared to the previous year is mainly due to In the second quarter, the Company recorded revenue from sales totaling 251.02 MB, increased from 32.59 MB or 670 percent compared to the same period of the previous year and also the gross profit for the second quarter of this year increased by 65.62 MB. Revenue from sales increased because of the sales of the land and new launched projects. Please be informed. Sincerely, Sitti Leelakasamelerk Director