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14 September 2005

TOYO-THAI AND SUBSIDIARY AWARDED CONTRACT FOR VIETNAM GO-DOU DRY PLANT PROJECT FROM SURINT OMYA.

On September 15, 2005 Toyo-Thai Corporation Ltd., together with Toyo-Vietnam Corporation (its subsidiary in Vietnam), have been awarded a contract for Vietnam Go-Dou Dry Plant Project from Surint OMYA (Vietnam) Co., Ltd., a subsidiary of Surint OMYA Chemicals (Thailand) Limited. The scope of work of the contract is engineering work of Calcium Carbonate Plant. The plant will be constructed in Go Dou Industrial Zone, Dong Nai, S.R. Vietnam and scheduled for completion in 2006.

Toyo-Thai is enhancing transnational structure as one aspect of its global operational strategies. The award of the contract for this project proves the successful cooperation between Toyo-Thai and Toyo-Vietnam. Toyo-Thai intends to expand its transnational structure to further strengthen the global business operations of Toyo Group.

Seen in the photo are Mr. Saksis Monsureenusorn, Director and General Manager of Surint OMYA Chemicals (Thailand) Limited (Third Left) exchanging contract with Mr. Hironobu Iriya, President & CEO of Toyo-Thai Corporation Ltd. (Forth Left) at the contract signing ceremony, witnessed by executives from both companies.

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