- TRANSLATION -

Ref: MGT/SET/007/06

21 June 2006

Attention:     The President

                    The Stock Exchange of Thailand

Subject:      Award of Construction Project

                    MCOT Complex (Phase I)

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:                  MCOT Complex (Phase I)

Owner:                                 MCOT Public Company Limited

Contract Value:                    Baht 553,618,000 including VAT

Commencement Date:        15 January 2006

Construction Period:            380 Days

Description of Work:            Construction of new buildings, communication building and renovation of existing buildings

Please be informed accordingly.

Yours sincerely,

- Signed -

Danuch Yontararak

Managing Director