ข่าวแจ้งตลาดหลักทรัพย์ฯ

August 14, 2003 To: President The Stock Exchange of Thailand Re: Declaration of the performance of Noble Development Public Company Limited and its subsidiaries According to the performance of Noble Development Public Company Limited and its subsidiaries for the six months period ended June 30, 2003 reported net profit of 312.21 MB, and 146.29 MB for the second quarter, comparing to 64.03 MB net profit for the same period of the previous year, the Company would like to clarify that the change of the performance more than 20% compared to the previous year was mainly due to 1. The Company recorded revenue from sales in the second quarter of the year 2003 totaling 581.73 MB, increased by 132 percent comparing to 251.02 MB for the same period of the previous year. Revenue from sales for the six-month period increased by 268 percent comparing to the previous year. 2. The Company's net profit margin for the second quarter of the year 2003 equal to 25.2 percent and gross profit margin equal to 33.5 percent, increased from 29.1 percent in the year 2002. 3. In the second quarter of this year, the Company's selling and administrative expense equal to 10.0 percent of its revenue from sales, comparing to 11 percent in the year 2002. 4. Interest expenses for the second quarter of this year totaling to only 5.58 MB, decreased by 52 percent comparing to the same quarter of 2002. The Company's interest coverage ratio equal to 28. Please be informed. Sincerely, Sitti Leelakasamelerk Director