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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

ordinaryshares 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 ofstock 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 theSection 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