Company Rating CreditAlertFINANCIAL INSTITUTIONS1. Bank of Ayudhya PLC Company A- BAY13NA: Bt12,000 mil sub debs due 2013 BBB+2. GE Capital Auto Lease PLC Bt30,000 mil guaranteed medium-term notes (MTNs) program AAA GECL077A: Bt6,000 mil guaranteed debs due 2007 AAA 3. Hi-Way Co., Ltd. Company BBB+ HWAY069A: Bt400 mil sr debs due 2006 BBB+4. Industrial Finance Corporation of Thailand Company A+ Developing5. KGI Securities (Thailand) PLC Company BBB 6. Kiatnakin Finance PLC Company BBB+ KK069A: Bt1,500 mil sr debs 1/2002 tranche 1 due 2006 BBB+ KK079A: Bt1,000 mil sr debs 1/2002 tranche 2 due 2007 BBB+ KK073A: Bt1,000 mil sr debs 2/2002 due 2007 BBB+ KK087A: Bt3,000 mil sr debs due 2008 BBB+7. Krungthai Card PLC Company A- KTC064A: Bt5,000 mil sr debs due 2006 A- Bt4,000 mil sr debs due 2007 A- Bt1,000 mil sr debs due 2009 A-8. Nava Leasing PLC Company BBB NVL063A: Bt1,200 mil sr secrd debs due 2006 BBB+ 9. Phatra Leasing PLC Company BBB+ PL04DA: Bt400 mil sr debs due 2004 BBB+ PL066A: Bt900 mil sr debs due 2006 BBB+ 10.Ratchthani Leasing PLC TANI078A: Bt1,000 mil sr secrd debs due 2007 BBB 11.SIAM A&C CO., LTD. Company BBB+ SANC05DA: Bt2,000 mil guaranteed debs due 2005 AA Bt1,000 mil bills of exchange due 2007 BBB+12. Siam Panich Leasing PLC Company A- SPL055A: Bt3,500 mil sr debs due 2005 A- SPL063A: Bt3,000 mil sr debs due 2006 A- SPL073A: Bt3,500 mil sr debs due 2007 A- SPL073B: Bt3,500 mil sr debs due 2007 A-13. Thai Commercial Auto Co., Ltd. Company BBB+ Bt1,200 mil sr debs due 2006 BBB+14. Thai Military Bank PLC Company BBB- TMB07NA: Bt6,000 mil sub debs due 2007 BB+ 15. Tisco Finance PLC Company A TSCO077A: Bt2,000 mil sr debs due 2007 A TSCO077B: Bt1,000 mil sr debs due 2007 A TSCO07OA: Bt1,800 mil sr debs due 2007 A16. TSFC Securities Ltd. Company A- Up to Bt1,000 mil sub debs due 2009 BBB+CORPORATES17. Advanced Info Service PLC Company AA AIS063A: Bt12,000 mil sr debs due 2006 AA AIS04NA: Bt5,000 mil sr debs due 2004 AA AIS06NA: Bt10,000 mil sr debs due 2006 AA AIS073A: Bt3,000 mil sr debs due 2007 AA AIS093A: Bt2,500 mil sr debs due 2009 AA AIS093B: Bt4,500 mil sr debs due 2009 AA AIS07OA: Bt5,000 mil sr debs due 2007 AA18. Asia Multimedia Co., Ltd. Company BBB19. Banpu PLC Company A BP064A: Bt2,500 mil sr debs due 2006 A BP084A: Bt500 mil sr debs due 2008 A BP082A: Bt3,000 mil sr debs due 2008 A BP111A: Bt1,500 mil sr debs due 2011 A BP093A: Bt500 mil sr debs due 2009 A Up to Bt2,750 mil sr debs due 2010 A20. Central Pattana PLC Company A- CPN066A: Bt1,000 mil sr debs due 2006 A- CPN093A: Bt1,000 mil sr debs due 2009 A- CPN10DA: Bt1,500 mil sr debs due 2010 A- 21. Charoen Pokphand Foods PLC Company A CPF063A: Bt7,000 mil sr debs due 2006 A22. Eastern Water Resources Development and Management PLC Company A+ Bt1,500 mil sr debs due 2008 A+ Bt1,000 mil sr debs due 2011 A+23. Glow SPP PLC Company A- COCO#1: Bt2,200 mil sr debs due 2005 A- GLOW089A: Bt6,500 million guaranteed debentures due 2008 A- GLOW09OA: Bt2,310 million guaranteed debentures due 2009 A- GLOW10DA: Bt3,490 million guaranteed debentures due 2010 A-24. Golden Land Property Development PLC GOLD05OA: Bt1,100 mil sr secrd debs due 2005 BBB GOLD088A: Bt1,100 mil sr secrd debs due 2008 BBB25. Home Product Center PLC Company BBB 26. I.C.C. International PLC Company AA- 27. Khanom Electricity Generating Co., Ltd. KEGCO#1: Bt7,500 mil sr secrd debs due 2011 A+ 28. Lalin Property PLC Bt400 mil sr debs due 2007 BBB+29. Land & Houses PLC LH06DA: Bt1,500 mil sr secrd debs due 2006 A+ LH063A: Bt1,000 mil sr debs due 2006 A LH073A: Bt1,000 mil sr debs due 2007 A LH083A: Bt1,000 mil sr debs due 2008 A30. Loxley PLC Company BBB LOXLEY#1: Up to 2,000 mil sr debs due 2008 BBB31. Nation Multimedia Group PLC Company BBB NMG043A: Bt1,200 mil sr debs due 2004 BBB NMG055A: Bt1,000 mil sr debs due 2005 BBB NMG072A: Bt600 mil sr debs due 2007 BBB NMG092A: Bt1,000 mil sr debs due 2009 BBB 32. Nestle (Thai) Ltd. NTH086A: Bt5,000 mil guaranteed debs due 2008 AAA33. Noble Development PLC Company BBB NOBL06NA: Bt1,000 mil sr debs due 2006 BBB 34. Premier Resort Krabi Co., Ltd. PRK081A: Bt850 mil sr secrd debs due 2007 BBB35. Preuksa Real Estate Co., Ltd. Company BBB PS069A: Bt500 mil sr debs due 2006 BBB Bt500 mil sr debs due 2006 BBB Bt100 mil bills of exchange due 2007 BBB36. Quality Houses PLC Company BBB+ QH064A: Bt584 mil sr debs due 2006 BBB QH074A: Bt917 mil sr debs due 2007 BBB QH084A: Bt499 mil sr debs 2008 BBB37.Ratchaburi Electricity Generating Co., Ltd. Company AA-38. Ratchaburi Electricity Generating Holding PLC Company A+39. Regional Container Lines PLC Company BBB+ RCL096A: Bt2,500 mil sr debs BBB40. Royal Garden Resort PLC Company A- RGR078A: Bt1,700 mil sr debs due 2007 A- Bt1,000 mil sr debs due 2010 A- 41. Saha Pathana Inter-Holding PLC Company A SPI071A: Bt1,000 mil sr debs due 2006 A42. Sansiri PLC Company BBB43. Seacon Development PLC SCON047A: Bt650 mil sr secrd debs due 2004 A- SCON061A: Bt550 mil sr secrd debs due 2006 A-44. Shin Corporation PLC Company AA- SHIN075A: Bt3,000 mil sr debs due 2007 AA-45. Siam DR Co., Ltd. Bt4,000 mil depositary receipts on Bangchak Petroleum PLC's subordinated convertible debs due 2014 AA46. Sino-Thai Engineering & Construction PLC Company BBB+47. Total Access Communication PLC Company A- TAC05OA: Bt6,000 mil sr debs due 2005 A- TAC064A: Bt15,000 mil sr debs due 2006 A- TAC09OA: Bt4,000 mil sr debs due 2009 A- TAC09OB: Bt1,000 mil sr debs due 2009 A- TAC089A: Bt3,000 mil sr debs due 2008 A- TAC089B: Bt2,500 mil sr debs due 2008 A- TAC109A: Bt3,500 mil sr debs due 2010 A-48. TPI Polene PLC Company BBB-49. True Corporation PLC Company BBB TRUE087A: Bt11,715.40 mil sr secrd debs due 2008 BBB TRUE112A: Bt6,750 mil sr secrd partially guaranteed debs due 2011 A TRUE07OA: Bt3,319 mil sr secrd debs due 2007 BBB TRUE#4: Up to Bt2,402.7 mill se secrd debs due 2011 BBB 50. Unilever Thai Trading Ltd. UTT07DA: Bt6,500 mil guaranteed debs due 2007 AAA UTT083A: Bt4,000 mil guaranteed debs due 2008 AAA51. United Communication Industry PLC Company BBB52. Vinythai PLC Company BBB VNT068A: Bt7,400 mil sr secrd debs due 2006 BBB53. Wiik & Hoeglund PLC Company A- Up to Bt300 mil sr debs due 2008 A-STATE ENTERPRISES54. Aeronautical Radio of Thailand Ltd. Company AA 55. PTT Exploration and Production PLC Company AA+ PTEP183A: Bt2,500 mil sr debs due 2018 AA+ 56. Small and Medium Enterprise Development Bank of Thailand Company A+ SME087A: Bt5,000 mil sr debs due 2008 A+57. Thai Airways International PLC Company AA- THAI08OA: Bt5,500 mil sr debs due 2008 AA- THAI10OA: Bt4,500 mil sr debs due 2010 AA-