SET Announcements
REPORT OF UTILIZING PROCEEDS
31 January 2003
January 30, 2003
To: President
The Stock Exchange of Thailand
Re: Report of utilizing proceeds received from the exercise of the warrant (NOBLE-W1)
Noble Development Public Company Limited
Regarding Noble Development Public Company Limited (the Company) received fund from the
exercise of the warrant (NOBLE-W1) total of 182,401,636 shares at 6 Baht per share, total
proceeds of 1,094,409,816 Baht, as the Company reported to SET on August 19, 2002.
The Company would like to report the result of utilization of the proceeds ended
December 31, 2002 as follows :
Assets acquisition 365.66 Million Baht
Debt repayment 112.25
Working capital 20.24
Total 498.15 Million Baht
The remaining balance is approximately 596.26 Million Baht, the Company will report
the result of the utilization the to SET later.
Please be informed accordingly.
Sincerely,
(Sitti Leelakasamelerk)
Director