Company Rating/Outlook CreditAlertFINANCIAL INSTITUTIONS1. Bank of Ayudhya PLC Company A/Stable BAY13NA: Bt12,000 mil sub debs due 2013 A-2. EASY BUY PLC Company BBB+/Stable SANC05DA: Bt2,000 mil guaranteed debs due 2005 AA Bt1,000 mil B/E due 2007 BBB+3. GE Capital Auto Lease PLC Bt30,000 mil guaranteed debs under medium-term debenture program: AAA/Stable - GECL077A: Bt6,000 mil guaranteed debs due 2007 AAA - Up to Bt400 mil guaranteed debs due 2008 AAA4. Hi-Way Co., Ltd. Company BBB+/Stable HWAY069A: Bt400 mil sr debs due 2006 BBB+5. Honda Leasing (Thailand) Co., Ltd. HLTC07OA: Bt2,000 mil guaranteed debs under medium-term debenture program due 2007 AAA/Stable6. KGI Securities (Thailand) PLC Company BBB/Stable 7. Kiatnakin Finance PLC Company A-/Stable KK069A: Bt1,500 mil sr debs 1/2002 tranche 1 due 2006 A- KK079A: Bt1,000 mil sr debs 1/2002 tranche 2 due 2007 A- KK073A: Bt1,000 mil sr debs 2/2002 due 2007 A- KK087A: Bt1,000 mil sr debs due 2008 A-8. Krungthai Card PLC Company A-/Positive KTC064A: Bt5,000 mil sr debs due 2006 A- KTC074A: Bt1,500 mil sr debs due 2007 A- Bt1,000 mil sr debs due 2007 A- Bt1,000 mil sr debs due 2009 A- Bt3,500 mil sr debs due 2008 A- Up to Bt1,500 mil sr debs due 2007 A-9. Nava Leasing PLC Company BBB/Negative NVL063A: Bt1,200 mil sr secrd debs due 2006 BBB+ 10. Phatra Leasing PLC Company BBB+/Stable PL04DA: Bt400 mil sr debs due 2004 BBB+ PL066A: Bt900 mil sr debs due 2006 BBB+ PL079A: Bt400 mil sr debs due 2007 BBB+ PL08OA: Bt400 mil sr debs due 2008 BBB+11. Ratchthani Leasing PLC TANI078A: Bt1,000 mil sr secrd debs due 2007 BBB/Stable 12. SCB Securities Co., Ltd. Company A+/Stable13. Siam Panich Leasing PLC Company A-/Stable 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- SPL083A: Bt4,000 mil sr debs due 2008 A- Bt500 mil sr debs due 2007 A- Bt900 mil sr debs due 2010 A- Up to Bt1,250 mil sr debs due 2007 A- Bt225 mil B/E due 2007 A- 14. Thai Commercial Auto Co., Ltd. Company BBB+/Stable Bt1,200 mil sr debs due 2006 BBB+15. TMB BANK PLC Company BBB+/Positive TMB07NA: Bt6,000 mil sub debs due 2007 BBB Up to Bt8,000 mil sub debs due 2015 BBB16. Tisco Finance PLC Company A/Positive 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 A17. Toyota Leasing (Thailand) CO., Ltd. Bt30,000 mil guaranteed debs under medium-term debenture program: AAA/Stable - TLT07NA: Bt3,000 mil guaranteed debs due 2007 AAA - TLT084A: Bt3,000 mil guaranteed debs due 2008 AAA - Up to Bt5,000 mil guaranteed debs due 2008 AAA18. TSFC Securities Ltd. Company A/Stable Up to Bt1,000 mil sub debs due 2010-2012 A-(Please see next page on separate news)