Bangkok--21 Sep--CPF TRIS rating confirms the ratings of Charoen Pokphand Foods PLC (CPF) and company’s debentures at “A+” and the “stable” rating outlook. The rating shows the company’s leading position in Thailand’s agribusiness industry, its products and market diversification. Charoen Pokphand Foods business is classified in two major categories, livestock and aquaculture, which valued for 70% and 30%. The company fully integrated operation enhance its product converge safety and traceability standards, qualified to export to major importing countries including the United States (US), Europe and Japan. The contributions from overseas operations have increased from 8% of total sales in 2003 to 16% for the first six months of 2007. Sine the second quarter of 2007, domestic livestock prices have been improved gradually as well as a strong anticipations for exports should result in improved the performance of CPF for the remaining of the year. The “stable” prospect reflects the expectation that CPF will be able to maintain its leading position in global food market. In addition, the decision to brand most products with CP is strategically considerable and should partially insulate the company from the cyclicality of prices for its basic products. Its product and market diversifications are expected to assist improving its credit protection and generate more stabilized profit. For more information please contact: CPF Information Office Tel. 0-2625-7344-5 Email : [email protected]