Bangkok: BTS Group Holdings Pcl. announced to issue the three-year warrants representing rights to purchase its ordinary shares No. 2 (BTS-W2) of 5,027,000,448 units. Listing Date is on 25 November 2010. One unit of the Warrant can be exercised to purchase one ordinary share at the exercise price of THB 0.70 per share.

BTS Group Holdings Public Company Limited (“BTS”) reported to the Stock Exchange of Thailand (SET) that the company will issue 5,027,000,448 units of Warrants which will be allocated to the existing shareholders of the Company who have subscribed and were allocated the newly issued ordinary shares through the Right Offering offered pro rata to percentage holding, and the group of financial institution investors or the group of clients of securities companies who were the underwriters of the Company, who have subscribed and were allocated the shares unsubscribed by the shareholders under the existing shareholders, at the ratio of one unit of warrant to four newly issued ordinary shares subscribed according to the company’s existing shareholders or underwriters.

One unit of the Warrant can be exercised to purchase one ordinary share at the exercise price of THB 0.70 per share (unless the exercise ratio or the exercise price is adjusted as specified in the terms and conditions governing rights and obligations of the warrant issuer and the warrant holders representing rights to purchase ordinary shares of BTS Group Holdings Public Company Limited No. 2 (BTS-W2). The Warrant will be expired within three years from the issuance date.

The warrant holders can obtain the Warrant Exercise Intention Notification Form at Securities

Depository, the Agent Receiving Exercise Intention and any securities company acting as a broker of the warrant holders or download the form from the Company’s website

(www.btsgroup.co.th) and notify the intention to exercise the rights to purchase ordinary shares to the Company or the Agent Receiving Exercise Intention (if any). Such notification shall be made in accordance with the Notification Period.

In the case that the Warrants are in the scripless system, the warrant holders who wish to exercise the Warrants shall give the notification of their intentions to exercise the Warrants and fill out the form to withdraw of the Warrants or for the issuance of the warrant substitute as prescribed by the SET.

In the case that the shares reserved to accommodate the exercise of the Warrants are not sufficient for the exercise of the Warrants, the Company shall pay damages arising out of the warrant holder’s inability to exercise the rights.