CORPORATES18. Advance Agro PLC Company BBB/Stable19. Advanced Info Service PLC Company AA/Stable 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 AA20. Bangkok Expressway PLC Company A-/Stable21. Banpu PLC Company A/Stable 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 A22. Central Plaza Hotel PLC Company A-/Stable23. Central Pattana PLC Company A/Stable 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 24. Charoen Pokphand Foods PLC Company A/Positive CPF063A: Bt7,000 mil sr debs due 2006 A CPF07NA: Bt2,500 mil sr debs due 2007 A CPF09NA: Bt3,500 mil sr debs due 2009 A Up to Bt4,000 mil sr debs: - CPF#1/2005: sr debs due 2008 A - CPF#2/2005: sr debs due 2009 A 25. CH. Karnchang PLC Company A-/Stable CK07OA: Bt2,000 mil sr debs due 2007 A- CK09OA: Bt120 mil sr debs due 2009 A- CK09OB: Bt880 mil sr debs due 2009 A-26. Destination Properties (Hua Hin) Co., Ltd. Bt1,250 mil sr secrd debs due 2009 BBB+27. Eastern Water Resources Development and Management PLC Company A+/Stable Bt1,500 mil sr debs due 2008 A+ Bt1,000 mil sr debs due 2011 A+28. Glow Energy PLC Company A-/Stable 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-29. Golden Land Property Development PLC GOLD05OA: Bt1,100 mil sr secrd debs due 2005 BBB/Stable GOLD088A: Bt1,100 mil sr secrd debs due 2008 BBB30. Home Product Center PLC Company BBB+/Stable HMPRO#1: Bt500 mil sr debs due 2008 BBB+ HMPRO#2: Bt500 mil sr debs due 2009 BBB+31. I.C.C. International PLC Company AA/Stable 32. Khanom Electricity Generating Co., Ltd. KEGCO#1: Bt7,500 mil sr secrd debs due 2011 AA-/Stable 33. King Power Duty Free Co., Ltd. Company BBB+/Stable34. Lalin Property PLC LALI077A: Bt400 mil sr debs due 2007 BBB+/Stable Bt400 mil sr debs due 2007 BBB+35. Land & Houses PLC LH06DA: Bt1,500 mil sr secrd debs due 2006 A+/Stable 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 A Up to Bt5,000 mil sr debs due 2008-2010 A36. Loxley PLC Company BBB+/Stable LOXL06NA: Bt1,000 mil sr debs due 2006 BBB+ LOXL08NA: Bt1,000 mil sr debs due 2008 BBB+37. Mida Assets PLC Company BBB+/Stable38. Minor International PLC Company A-/Stable MINT078A: Bt1,700 mil sr debs due 2007 A- MINT07NA: Bt500 mil sr debs due 2007 A- MINT10DA: Bt1,000 mil sr debs due 2010 A- Bt1,100 mil sr debs due 2010 A- 39. Nation Multimedia Group PLC Company BBB/Stable 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 40. N.C. Housing PLC Company BBB/Stable Up to Bt800 mil sr secrd debs: - NCH#1/2005: sr secrd debs, tranch 1 due 2008 BBB+ - NCH#2/2005: sr secrd debs, tranch 2 due 2008 BBB+41. Nestle (Thai) Ltd. NTH086A: Bt5,000 mil guaranteed debs due 2008 AAA/Stable42. Noble Development PLC Company BBB/Stable NOBL06NA: Bt1,000 mil sr debs due 2006 BBB 43. Premier Resort Krabi Co., Ltd. PRK081A: Bt850 mil sr secrd debs due 2008 BB+/Negative44. Preuksa Real Estate Co., Ltd. Company BBB/Stable PS069A: Bt500 mil sr debs due 2006 BBB Bt120 mil B/E due 2005 BBB Bt100 mil B/E due 2007 BBB45. Quality Houses PLC Company BBB+/Stable QH064A: Bt584 mil sr debs due 2006 BBB QH074A: Bt917 mil sr debs due 2007 BBB QH084A: Bt499 mil sr debs due 2008 BBB Up to Bt1,000 mil sr debs due 2009 BBB46.Ratchaburi Electricity Generating Co., Ltd. Company AA-/Stable47. Ratchaburi Electricity Generating Holding PLC Company A+/Stable48. Regional Container Lines PLC Company BBB+/Stable RCL096A: Bt2,500 mil sr debs BBB49. Saha Pathana Inter-Holding PLC Company A+/Stable SPI071A: Bt1,000 mil sr debs due 2007 A+50. Sansiri PLC Company BBB51. Seacon Development PLC SCON047A: Bt650 mil sr secrd debs due 2004 A-/Stable SCON061A: Bt550 mil sr secrd debs due 2006 A-52. Shin Corporation PLC Company AA-/Stable SHIN075A: Bt3,000 mil sr debs due 2007 AA-53. Siam DR Co., Ltd. BCP141A: Bt4,000 mil depository receipts on The Bangchak Petroleum PLC's subordinated convertible debs due 2014 AA/Stable54. Sino-Thai Engineering & Construction PLC Company BBB+/Stable55. SUPALAI PLC Company BBB/Stable56. Total Access Communication PLC Company A-/Positive TAC05OA: Bt6,000 mil sr debs due 2005 A- TAC064A: Bt15,000 mil sr debs due 2006 A- TAC089A: Bt3,000 mil sr debs due 2008 A- TAC089B: Bt2,500 mil sr debs due 2008 A- TAC09OA: Bt4,000 mil sr debs due 2009 A- TAC09OB: Bt1,000 mil sr debs due 2009 A- TAC109A: Bt3,500 mil sr debs due 2010 A-57. TPI Polene PLC Company BBB-/Positive58. True Corporation PLC Company BBB/Stable 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 59. True Multimedia Co., Ltd. Company BBB/Stable TM#1: Up to Bt1,100 mil sr secred debs due 2008 BBB TM#2: Up to Bt400 mil sr secred debs due 2009 BBB60. Unilever Thai Trading Ltd. UTT07DA: Bt6,500 mil guaranteed debs due 2007 AAA/Stable UTT083A: Bt4,000 mil guaranteed debs due 2008 AAA61. United Farmer & Industry Co., Ltd. Company BBB+/Stable UFIC#1: Bt200 mil sr secrd debs due 2006 BBB+ UFIC#2: Bt500 mil sr secrd debs due 2007 BBB+ UFIC#3: Bt500 mil sr secrd debs due 2008 BBB+ UFIC#4: Bt500 mil sr secrd debs due 2009 BBB+62. Vinythai PLC Company BBB/Positive VNT068A: Bt7,400 mil sr secrd debs due 2006 BBB63. Wiik & Hoeglund PLC Company A-/NegativeSTATE ENTERPRISES64. Aeronautical Radio of Thailand Ltd. Company AA/Stable 65. PTT Exploration and Production PLC Company AA+/Positive PTEP183A: Bt2,500 mil sr debs due 2018 AA+ 66. Small and Medium Enterprise Development Bank of Thailand Company A+/Stable SME087A: Bt5,000 mil sr debs due 2008 A+67. Thai Airways International PLC Company AA-/Stable THAI085A: Bt6,000 mil sr debs due 2008 AA- THAI08OA: Bt5,500 mil sr debs due 2008 AA- THAI09OA: Bt7,500 mil sr debs due 2009 AA- THAI10OA: Bt4,500 mil sr debs due 2010 AA- THAI115A: Bt6,000 mil sr debs due 2011 AA- THAI11OA: Bt4,500 mil sr debs due 2011 AA- THAI14OA: Bt3,000 mil sr debs due 2014 AA- THAI155A: Bt3,000 mil sr debs due 2015 AA- Note: Rating Outlooks assigned to all financial and corporate issuers are generally applicable to all debt obligations of the relevant issuers unless otherwise noted.