Notification of # 1/ 2009 Debenture Sale due 2012

P.03_1 / 2009

January 30, 2009

Subject: Notification of the result of the sale of Debenture No. 1/2009 due 2012

To : President The Stock Exchange of Thailand

Reference is made to Pruksa Real Estate Public Company Limited ("the company")'s Resolution of 2008 Annual General Meeting of Shareholders held on 11 April 2008 which has resolved the approval of the Company to offer the debentures for sale under the Shelf Filing Project for the amount not exceeding Baht 2,000 million with the tenor of no longer than 3 years

The company has previously informed such progress to the Stock Exchange of Thailand in the letter No. P.02 dated 23/1/2009 that the Stock Exchange Commission has approved the offer for sale of debentures for the amount not exceeding THB 1,500,000,000 (one thousand five hundred million Baht).

The company is pleased to inform that we have successfully completed the transaction. The offer for sales of the Unsecured and Un-subordinated debentures have been fully subscribed by both institutional and retail investors. The details of this Debenture No. 1/2009 due 2012 are as followings:

Aggregate Issue Amount	: Baht 1,500 million.
Tenor (Years)	: 3
Interest Rate	: 5.25 % per annum for the period of 1 year and 6 months after the issuance date and : 5.75% per annum for the remaining period until the maturity date
Coupon Payment	: Interest shall be payable quarterly on January 29, April 29, July 29, and October 29 of each year
Subscription Period	: 26 - 28 January 2009
Issue Date	: 29 January 2009
Maturity Date	: 29 January 2012
Total Debentures subscribed	: Baht 1,500 million.
Number of debenture holders	: 727 Debenture holders
Face/ Offering/Redemption	: Baht 1,000 per unit
Total Unit subscribed	: 1,500,000 units
Remaining Balance	: 0 unit

The Debenture has been rated A- by TRIS Rating Ltd. Kasikornbank Public Company Limited was appointed as the underwriter.

Please be informed accordingly.

 

Sincerely yours,

 

(Mr.Somboon Wasinchutchawal)
Chief Financial Officer

 

Investor Relations Dept.
Tel. 02 298-0101 Ext 1863,
Fax. 02-298-0109