CORPORATES22. Advance Agro PLC Company BBB/Stable Developing CreditAlert23. 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 AA24. Asian Seafoods Coldstorage PLC (Asian) Company BBB+/Stable Bt300 mil sr debs due 2009 BBB+25. Bangkok Expressway PLC Company A-/Stable26. Banpu PLC Company A/Positive 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 BP093A: Bt500 mil sr debs due 2009 A BP111A: Bt1,500 mil sr debs due 2011 A Up to Bt2,750 mil sr debs due 2010 A27. Bumrungrad Hospital PLC Company A/Stable28. Central Plaza Hotel PLC Company A-/Stable CENT07OA: Bt400 mil sr debs due 2007 A- CENT076A: Bt300 mil sr debs due 2007 A- Up to Bt300 mil sr debs due 2009 A-29. 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 30. 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 31. 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- CK#1/2005: Bt200 mil sr debs due 2007 A- CK#2/2005: Bt1,100 mil sr debs due 2010 A- CK#3/2005: Up to Bt1,700 mil sr debs due 2008 A-32. DAD SPV Co., Ltd. Up to Bt24,000 mil debs under Project approved under Emergency Decree on SPV for Securitization B.E. 2540: - DAD12NA: Bt1,500 mil debs due 2012 AAA - DAD15NA: Bt2,000 mil debs due 2015 AAA - DAD20NA: Bt1,800 mil debs due 2020 AAA - DAD25NA: Bt5,000 mil debs due 2025 AAA33. Destination Properties (Hua Hin) Co., Ltd. Bt1,250 mil sr secrd debs due 2009 BBB+34. Eastern Water Resources Development and Management PLC Company A+/Stable EAST087A: Bt1,300 mil sr debs due 2008 A+ EAST117A: Bt1,200 mil sr debs due 2011 A+35. Glow Energy PLC Company A-/Stable COCO#1: Bt2,200 mil sr guaranteed debs due 2005 A- GLOW089A: Bt6,500 million sr guaranteed debentures due 2008 A- GLOW09OA: Bt2,310 million sr guaranteed debentures due 2009 A- GLOW10DA: Bt3,490 million sr guaranteed debentures due 2010 A-36. 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 BBB37. Hemaraj Land and Development PLC Company BBB+/Stable38. Home Product Center PLC Company BBB+/Stable HPRO083A: Bt500 mil sr debs due 2008 BBB+ HPRO093A: Bt500 mil sr debs due 2009 BBB+39. I.C.C. International PLC Company AA/Stable 40. Italian-Thai Development PLC Company A-/Stable41. Khanom Electricity Generating Co., Ltd. KEGCO#1: Bt7,500 mil sr secrd debs due 2011 AA-/Stable 42. King Power Duty Free Co., Ltd. Company BBB+/Stable43. Lalin Property PLC LALI077A: Bt400 mil sr debs due 2007 BBB+/Stable Bt400 mil sr debs due 2007 BBB+44. 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 A45. Loxley PLC Company BBB+/Negative LOXL06NA: Bt1,000 mil sr debs due 2006 BBB+ LOXL08NA: Bt1,000 mil sr debs due 2008 BBB+46. 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- MINT105A: Bt1,100 mil sr debs due 2010 A- 47. Nation Multimedia Group PLC Company BBB/Stable NMG072A: Bt600 mil sr debs due 2007 BBB NMG092A: Bt1,000 mil sr debs due 2009 BBB 48. National Power Supply Co., Ltd. Company BBB+/Stable49. 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+50. Nestle (Thai) Ltd. NTH086A: Bt5,000 mil sr guaranteed debs due 2008 AAA/Stable51. Noble Development PLC Company BBB/Stable NOBL06NA: Bt1,000 mil sr debs due 2006 BBB 52. Premier Resort Krabi Co., Ltd. PRK081A: Bt850 mil sr secrd debs due 2008 BB+/Negative53. 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 BBB54. 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+ QH09DA: Bt1,000 mil sr debs due 2009 BBB+ Up to Bt3,000 mil sr debs: - QH#1/2005: sr debs due 2008 BBB+ - QH#2/2005: sr debs due 2009 BBB+ - QH#3/2005: sr debs due 2010 BBB+55.Ratchaburi Electricity Generating Co., Ltd. Company AA/Stable RG086A: Bt7,000 mil sr secrd debs due 2008 AA RG#2/2005: Bt3,000 mil sr secrd debs due 2010 AA56. Ratchaburi Electricity Generating Holding PLC Company AA-/Stable57. Regional Container Lines PLC Company BBB+/Stable RCL096A: Bt2,500 mil sr debs BBB58. Rojana Industrial Park PLC Company BBB+/Stable59. Saha Pathana Inter-Holding PLC Company A+/Stable SPI071A: Bt1,000 mil sr debs due 2007 A+60. Sahaviriya Steel Industries PLC Company BBB/Negative SSI073A: Bt1,080 mil sr secrd debs due 2007 BBB SSI083A: Bt1,450 mil sr secrd debs due 2008 BBB61. Sang Som Co., Ltd. Company A+/Stable62. Sansiri PLC Company BBB63. Seacon Development PLC Company BBB+/Stable SCON061A: Bt550 mil sr secrd debs due 2006 A-64. Shin Corporation PLC Company AA-/Stable 65. Singer Thailand PLC Company BBB/Positive66. Siam DR Co., Ltd. BCP141A: Bt4,000 mil depository receipts on The Bangchak Petroleum PLC's subordinated convertible debs due 2014 AA/Stable67. Sino-Thai Engineering & Construction PLC Company BBB+/Stable68. SUPALAI PLC Company BBB/Stable69. Thai Beverage PLC Company A+/Stable Up to Bt10,000 mil sr guaranteed debs: - Sr guaranteed debs due 2007-2008 A+ - Sr guaranteed debs due 2006 T170. TICON Industrial Connection PLC Company A/Stable71. 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-72. TPI Polene PLC Company BBB-/Positive73. 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 TRUE117A: Bt2,402.7 mill se secrd debs due 2011 BBB 74. 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 BBB75. Unilever Thai Trading Ltd. UTT07DA: Bt6,500 mil sr guaranteed debs due 2007 AAA/Stable UTT083A: Bt4,000 mil sr guaranteed debs due 2008 AAA76. United Farmer & Industry Co., Ltd. Company BBB+/Stable UFIC06NA: Bt200 mil sr secrd debs due 2006 BBB+ UFIC07NA: Bt500 mil sr secrd debs due 2007 BBB+ UFIC08NA: Bt500 mil sr secrd debs due 2008 BBB+ UFIC09OA: Bt500 mil sr secrd debs due 2009 BBB+77. Univentures PLC Company BBB/Stable78. Vinythai PLC Company BBB+/Stable VNT068A: Bt7,400 mil sr secrd debs due 2006 BBB+79. Wiik & Hoeglund PLC Company BBB/StableGOVERNMENT-RELATED AGENCIES AND STATE ENTERPRISES80. Aeronautical Radio of Thailand Ltd. Company AA/Stable 81. PTT Exploration and Production PLC Company AA+/Positive PTEP183A: Bt2,500 mil sr debs due 2018 AA+ 82. Small and Medium Enterprise Development Bank of Thailand Company AA-/Stable SME087A: Bt5,000 mil sr debs due 2008 AA-83. 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- 84. The Energy Fund Administration Institute Bt42,000 mil sr bonds due up to 2009 AA-/StableNote: Rating Outlooks assigned to all financial and corporate issuers are generally applicable to all debt obligations of the relevant issuers unless otherwise noted.