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                       Capital Increase Report Form

       Thai Rubber Latex Corporation (Thailand) Public Company Limited

                               14 May 2010



We, Thai Rubber Latex Corporation (Thailand) Public Company Limited, hereby

reports the resolution of the Board of Director No 5/2010, held on 14 May 2010

at 9.30 am in respect of the decrease of authorized but un-issued capital

/change in par value / increase registered capital to be reserved for stock

dividend and allotment of stock dividend as follows :



1. Decrease of authorized but un-issued capital /change in par value /

increase register capital to be reserved for stock dividend

   The meeting of the Board of Director has approved the decrease of

authorized but un-issued capital from Baht 500,000,000 to Baht 272,631,060 by

canceling the unpaid-up ordinary shares of 22,736,894 shares at par value of

Baht 10 per share. After the decrease of registered capital to Baht 272,631,060

the Board of Director approved the change in par value of the company's

ordinary share from the existing par value of Baht 10 per share to a new par

value of Baht 1 per share, resulting in the increase of ordinary shares from

27,263,106 shares to 272,631,060 shares. In addition, the board of director

approved the increase of company registered capital from Baht 272,631,060 to

Baht 436,209,696 by means of the issuance of 163,578,636 ordinary shares with

a par value of Baht 1 per share totaling Baht 163,578,636 to be reserved for

stock dividend .



2.  Allotment of stock dividend

    The meeting of the board of director has approved the allotment of

163,578,636 ordinary shares with par value of Baht 1 per share, totaling Baht

163,578,636 the details of which are as follows:



    2.1 Detail of allotment



Allocated to   Number     Ratio    Sale price  Subscription and       Note

              (Shares) (Old : New) per share    payment period

                                     (Baht)

Existing    163,578,636    5:3      1.00     -To be reserved for  Payment for

Shareholders                                  the stock dividend  Stock dividend



    2.2 In case where there is a fraction of shares remaining from the

        calculation of stock dividend payment.

        In case where there is fraction of shares less than 5 shares, the

        Company will pay such stock dividend in cash at Baht 0.60 per share

        instead.



    2.3 The remaining shares from the previous allotment.

        - None -



3. Schedule for shareholders meeting to approve the decrease of authorized but

un-issued capital/change in par value / increase registered capital to reserve

for stock dividend, and the allotment of stock dividend.

   The Extraordinary General Meeting of shareholders No. 1/2010 is scheduled

to be held on June 22, 2010 at 9.00 am The Record Date for the right of

shareholders to attend the EGM is scheduled to be on [May 31, 2010]. The share

register book closing date for collecting shareholders' names under the

Section 225 of the Securities and Exchange Act is scheduled to be [June 1, 2010]

The Record Date for the right of shareholders to receive the dividend is

scheduled to be on [July 2, 2010]. The share register book closing date for

collecting shareholders' names under the Section 225 of the Securities and

Exchange Act is scheduled to be [July 5, 2010] , and the dividend payment

shall be made on July 20, 2010



4. Approval of the decrease of authorized but un-issued capital /change in par

value / increase registered capital to reserve for stock dividend , and the

allotment of stock dividend by relevant governmental agency and conditions

thereto (if any)



   The company will register the increase of capital to the Ministry of

Commerce and apply to the Stock Exchange of Thailand (SET) for listing the

newly issued share (Stock Dividend) on the SET.



5. Objectives of the capital increase and plans for utilizing proceeds

received from the capital increase.

   5.1 To provide investment return to shareholders in form of stock dividend

   5.2 To reserve working capital and enhance internal cash flow for the

       company.



6. Benefits which the company will receive from the capital increase /

allotment of stock dividend.

   6.1 To increase the Company's stock liquidity.

   6.2 To retain the working capital for company's operation.



7. Benefits which the shareholders will receive from the capital increase /

allotment of stock dividend.

   7.1 Dividend Policy

       Not less than 60% of earnings after tax and after legal reserved unless

       there is any necessary matter.

   7.2 Shareholders' right

       The shareholders whose names appear on the registration book at the

       closing of registration book date will have the right to receive

       dividend of the operating year.



8. Other details necessary for shareholders to approve the capital increase /

allotment of stock dividend.

   - None-



9. Schedule of action where the board of directors of the company passes a

resolution approving the capital increase or allotment of stock dividend.





            Proceedings                                            Date



Board of Directors' Meeting                                     May 14,2010



The Record Date to for the right to attend the EGM              May 31,2010

(Record Date)



The share register book closing date for collecting             June 1,2010

shareholders name to attend EGM under section 225

of the Securities and Exchange Act.



Extraordinary General Meeting of shareholders                  June 22,2010



The record date for the right to receive stock and cash         July 2,2010

dividend (Record Date)



The share register book closing date for collecting             July 5,2010

shareholders name entitled to receive dividend under

section 225 of the Securities and Exchange Act.



Stock dividend and cash dividend payment                       July 20,2010



The company hereby certifies that the information contained in this report

form is true and complete in all respects.







                   Signed ..........................Authorized Director

                       ( Mr.Vorathep Wongsasuthikul )

                   Position President / Chief Executive Officer



                   Signed ..........................Authorized Director

                         ( Mr.Paiboon Waraprateep )

                   Position Vice President



                   Signed ........................ Authorized Director

                       ( Mr.Prachnon Temritikulchai )

                   Position Vice President