Right adjustment / No right adjustment

Subject                                  : No Right Adjustment
Symbol                                   : SONIC-W1
The full name of warrant                 : Warrant of SONIC INTERFREIGHT PUBLIC 
COMPANY LIMITED No. 1
Adjustment
The reason for no adjustment             : The Company shall not adjust the 
exercise price and exercise ratio because the event does not comply with
adjustment conditions as follows;
 - dividend payment rate is higher than the rate which is specified in Term and 
Condition
Authorized Persons to Disclose           : Dr.Santisuk Kosiarpanant
Information
Position                                 : Chief Executive Officer

Ranut Lieolertsakulchai
Director/Company Secretary
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