The Company would like to notify the progress that the Company has determined the date of determining the list of shareholders of the Company who are entitled to subscribe for newly issued shares of VGI (Record Date) to be on September 4, 2012 and the date to gather the names of shareholders under Section 225 of the Securities and Exchange Act B.E. 2535 (as amended) by closure of the share register book and suspension of share transfer on September 5, 2012 and BTSC has determined the closing date of the share register book of BTSC to determine the list of shareholders who are entitled to subscribe for newly issued shares of VGI to be on September 4, 2012. The shareholders of the Company and BTSC (except the Company) will receive the rights to subscribe the newly issued shares of VGI as follows: 1. The shareholders of the Company The shareholders of the Company will receive the rights to subscribe the newly issued shares of VGI according to the ratio of the Company's number of shares to 1 newly issued shares of VGI, which will be calculated using the total number of issued shares of the Company as at the Record Date (September 4, 2012) divided by 25,074,432 newly issued shares of VGI to be allocated to the shareholders of the Company in proportion of their shareholding. Currently, the Company has total 9,207,937,829 issued shares. However, as the Company now has Baht 9,702 million outstanding convertible bonds and the holders of these convertible bonds may exercise their conversion rights at anytime pursuant to the terms and conditions of the convertible bonds. As a result, the Company is unable to fix the exact ratio of the Company's number of shares to 1 newly issued shares of VGI at this moment because if there is any exercise of the conversion rights of the convertible bonds during August 21 - September 4, 2012, the number of the Company's total issued shares would increase and resulting in the change in the ratio of the Company's number of shares to 1 newly issued shares of VGI. The prevailing effective conversion price of the convertible bonds is Baht 5.12 per share and on the assumption that total Baht 9,702 million outstanding convertible bonds are converted into shares in full amount, the number of the Company's total issued shares would increase by 1,894,921,875 shares to 11,102,859,704 shares (9,207,937,829 + 1,894,921,875). Therefore, the ratio of the Company's number of shares to 1 newly issued shares of VGI will be based on the following assumptions: (1) If none of convertible bonds is converted into shares during August 21 - September 4, 2012, the number of the Company's total issued shares will remain unchanged at 9,207,937,829 shares. (2) If all outstanding convertible bonds are converted into shares in full amount, the number of the Company's total issued shares will increase to 11,102,859,704 shares. From the above assumptions, the ratio of the Company's number of shares to 1 newly issued shares of VGI will be in the range of 367.22 - 442.80 shares of the Company to 1 newly issued shares of VGI. The fraction of newly issued shares of VGI resulted from the computation will be discarded. The shareholders of the Company will be eligible to subscribe the newly issued shares of VGI less than or equal to their rights, but shall not exceed their rights. The Company will further inform the exact ratio of the Company's number of shares to 1 newly issued shares of VGI through the Stock Exchange of Thailand's information disclosure channel no later than September 5, 2012 after knowing the number of total issued shares of the Company as at September 4, 2012. 2. The shareholders of BTSC The Shareholders of BTSC (except the Company) will receive the rights to subscribe the newly issued shares of VGI according at the ratio of 617.97 shares of BTSC to 1 newly issued shares of VGI, which is calculated using the total number of issued shares of BTSC of 16,067,133,653 shares deduct with the number of BTSC's shares held by the Company of 15,495,163,425 shares divided by 925,568 newly issued shares of VGI to be allocated to the shareholders of BTSC (except the Company) in proportion of their shareholding. The fraction of newly issued shares of VGI resulted from the computation will be discarded. The shareholders of BTSC will be eligible to subscribe the newly issued shares of VGI less than or equal to their rights, but shall not exceed their rights. In this regard, VGI reserves the right not to allocate VGI shares to any subscribers if such an allocation will, or may possibly, result in the breach of foreign laws or regulations, or will result in any act required in addition to those already required under the rules and regulations related to issuing and offering securities under Thai law. Investors can find more details of the offering of shares from the Filing of the Registration Statement of VGI submitted to the SEC, which currently are during consideration by the SEC, at www.sec.or.th. The Company and BTSC will further inform on the subscription period of VGI's shares, offering price of VGI's shares as well as the progress of the offering accordingly. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.