- TRANSLATION -

Ref: MGT/SET/06/004

13 March 2006

Attention:     The President

                    The Stock Exchange of Thailand

Subject:      Award of Construction Project

                    Head Office and Training Center for

PPT Chemical Public Company Limited

Christiani & Nielsen (Thai) Public Company Limited is pleased to notify the Stock Exchange of Thailand that the Company has been awarded the following construction project:

Name of Project:            Head Office and Training Center

Owner:                           PPT Chemical Public Company Limited

Contract Value:              Baht 445,283,726.05   (including VAT)

Commencement Date:  4 January 2006

Construction Period:      16 Months

Description of Work:       Construction of 6-storey building for office and training center.

Please be informed accordingly.

Yours sincerely,

- Signed -

Danuch Yontararak

Managing Director