Arbitral Tribunal awarded the claim against DPC no.62/2546


BackApr 08, 2008

TOTAL ACCESS COMMUNICATION PLC.
Investor Release

8 April 2008

Re: The Arbitral Tribunal rendered its award on the claim against Digital Phone Co., Ltd.

To: President The Stock Exchange of Thailand

Reference is made to Arbitration Case Black No. 62/2546 in which Total Access Communication Public Company Limited (TAC) filed the Statement of Claim against Digital Phone Co., Ltd., with the Arbitral Tribunal, claiming an outstanding installment in the amount of US$18,548,401.

On March 25, 2008, the Arbitral Tribunal has rendered its award granting TAC 80% of the amount so claimed, namely, US$ 14,838,720.80 plus interest at the rate of 9.5% per annum from October 1, 2003

Please be informed and disclose this information to the public and investors in the Stock Exchange of Thailand.

 

Sincerely yours

 

(Mr. Chavit Saengudomlert)
Unit Head-Investor Relations

 

Investor Relations: IR@dtac.co.th
Tel (66) 2 202-8882
WWW.DTAC.CO.TH

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