Increase Capital Report Form (Form 53-4)

BackFeb 21, 2006

RPC/HO-SET/ELCID-0005/06
      
       February 21st, 2006
      
       Subject      Increase Capital Report Form (Form 53-4)
      
       To      President
       The Stock Exchange of Thailand
      
       Rayong Purifier Public Company Limited (RPC) would like to inform
       the resolutions made in  the Board of Directors Meeting held on
       Monday February 20th, 2006 in respect of a capital increase and
       share allotment as follows.
      
       1.) Capital increase
       Approving the increase of registered capital of the Company from
       Baht 424,040,000 to be Baht 530,048,171 by increasing of
       106,008,171 ordinary shares (with par value Baht 1.00 each), totaling
       Baht 106,008,171.
      
       2.) Allotment of new shares
       2.1) Approving the allotment of 106,008,171 ordinary shares with par
       value Baht 1.00 each, totaling Baht 106,008,171, the details of which
       are as follows:
       Allotted to      Number(Shares)      Ratio(Old:New)
       Share Price/Share (Baht)      Subscription and payment period      Note
       Existing shareholders      104,593,171      4:1      Not specify      -
       The Company proposed to pay the stock dividend to the
       shareholders at the ratio of 4 existing shares to 1 stock dividend or
       Baht0.25 per share and cash dividend at the rate of Baht0.10 per
       share, total dividend payment at Baht0.35 per share.
       Existing warrant s holders of ESOP No.01 and waiting for the 2nd
       and 3rd exercise period      1,415,000      1W:1.25S      Not specify
       -      The company proposed to adjust the exercise ratio for the
       existing warrant s holders of ESOP No.1 and waiting for the 2nd and
       3rd exercise period
       The dividend shall be payable to the shareholders whose names are
       in the Company share register book as of Tuesday April 11th, 2006
       at 12.00am. with the dividend payment date on Friday April 28th,
       2006.
       2.2) The Company s plan in case where there is a fraction of shares
       remaining
       In case that the shareholder has a fraction of shares remaining less
       than 4 shares, the dividend therefor would be paid in form of cash
       dividend instead at the rate of Baht0.25. In case of remaining of
       shares, the Company will proceed to reduce paid capital by method
       of cutting off registered shares.
       2.3) The number of shares remaining from the allotment is .. share.
      
       3.) Schedule for shareholders meeting to approve capital increase /
       allotment
       The 2006 Annual Ordinary Shareholders Meeting will be held on
       Friday March 31, 2006 at 10.00am. at Ladprao Suite Room, the
       Sofitel Central Plaza, 1695 Phaholyothin Road, Jatujak, Bangkok.
      
       4.) Approval of capital increase / share allotment by
       Thereto within 14 days after the 2006 Annual Ordinary Shareholders
       Meeting completed. The allotment of shares will be listed in the
       Stock Exchange of Thailand.
      
       5.) Objectives of the capital increase and plans for utilizing proceeds
       received from the capital increase
       5.1) For allotment of the capital increase ordinary shares as stock
       dividends to the Shareholders.
       5.2) For reserve the adjusting of exercise ratio of ESOP No.1 the
       impact from this stock dividend.
      
       6.) Benefits which the Company will receive from the capital increase
       and share allotment
       6.1) To increase liquidity of the Company's Stock.
       6.2) Increasing paid-up capital to maintain stable financial status.
      
       7.)       Benefits which the shareholders will receive from the capital
       increase and share allotment
       7.1) Dividend policy at least 50% of net Profit.
       7.2)      The persons who receive the allotment of these newly issued
       shares will be entitled to receive dividends in equivalent to those of
       the company's existing stock in the following allocation of dividends
       in case the company is to make dividend.
      
       8.)  Other details necessary for shareholders to approve the capital
       increase and share allotment
             None
      
       9.) Schedule of action
       9.1)       Date of Board of Directors resolving
       February 20, 2006
       9.2)      Date of notification of the resolution to the SET
       February 21, 2006
       9.3) Closing date for the right to attend The 2006 Annual Ordinary
       Shareholders Meeting
       March 10, 2006
       9.4) Closing date for the right to receive the dividend
       April 11, 2006
       9.5) Date of sending Invitation Notice to shareholders
       March 20, 2006
       9.6) Date of publication of Invitation Notice in daily newspaper
       March 21-23, 2006
       9.7) Date of the 2006 Annual Ordinary Shareholders Meeting
       March 31, 2006
       9.8) Date of notification of the resolution to the SET
       April 3, 2006
       9.9) Date of paying dividend
       April 28, 2006
      
       Please be so informed.
       
       Sincerely Yours,
      
      
       Ms.Siraporn  Krishnakan
       Assistant Managing Director
      
      
       Investor Relations / Managing Director Office
       Tel 0 2515-8671      0 2515-8600
       e-mail ir@rpcthai.com