2005
-  March 2005  The Total Productivity Management (TPM) Project was commenced for the enhancement of the production
   processes and overall corporate management.
-  April 2005  Prachinburi Mill obtained the TIS18001 certification for hygiene and safety management from Global Certification
   (Thailand) Co., Ltd.
- September 2005  On 28 September 2005, the Company received investment promotion privileges from the Board of 
   Investment for its Co-Generation Plant at Prachinburi Mill. The main investment privilege comprised the exemption of
   duies on machinery.
- October 2005  Kanchanaburi Mill started to commence an environmental management, hygiene and safety program in 
   accordance with the ISO 14001/TIS18001 standards requirements.
 

2004
-  January 2004  Implemented SAP Software.The software was a state-of-the-art ready-made program designed for marketing
   ,procurement,inventory/warehousing mangement, accounting and budgeting. It allowed for more timely customer service,
   reduction in manufacturing costs and facilitated more accurate and responsive decision making for management.
-  July 2004  Established two new committees i.e. Nomination Committee and Remuneration Committee. The former
   determined the procedures for selection of Company Directors, while the latter reviewed reviewed remuneration provided
   to Directors, Committee members, advisors and senior executives who involved  in corporate policy making. This was to
   ensure equity and transparency in compliance withe the Codes of Best Practices for company with good corporate
   governance.
   The Board of Directors' Meeting approved an investment in Co-Generation plant project at the Prachinburi Mill,with a view
   to reducing energy costs and preserving environmental conservation.
- September 2004  Signed an agreement with Foster Wheeler Energia Oy, Finland and Foster Wheeler Service (Thailand)
   Ltd. for installation of a coal-fired boiler. The equipment is of the Circulating Fluidized Bed (CFB) variety, which is highly
   efficient and is able to re-use the remaining sludges from the production process as fuel source.
- October 2004  Extraordinary Shareholders' Meeting No. 1/2004 on 21 October 2004 passed a resolution to decrease
   registered capital from 2,700 million Baht to 2,583,887,210 Baht. A further resolution moved to increase registered capital
   by 1,000 million Baht from the registered capital of 2,583,887,210 Baht to new registered capital of 3,583,887,210 Baht.
   The new capital increase would be raised through the issue of 100 million ordinary shares offered to existing shareholders
   in proportion among their shares held at an offering price of 11.75 Baht a share. The new share issue was to fund the
   investment in the Co-Generation Plant Project, which is sheduled for completion in the third quarter of 2006.
-  November 2004  Signed an agreement for a Balance of Plant (BOP) part with Marubeni Corporation, Japan and Marubeni
   Coporation, Bangkok Branch. This is utilised as an important part of the production process in generating steam and
   electrical power.
             Subscription for the purchase of the new share issue became available between 22-26 November 2004.
-  December 2004 Registered the paid-up capital to 3,537,569,510 Baht on 13 December 2004

2003
- The Board of Directors' Meeting No.2/2003 on 31 January 2003  resolved  to  approve  the  issuance  and  offering newly
   issued 100 million shares at a price of 10 Baht each, totaling 1 billion Baht to    The Siam Pulp and Paper Public Company
   Limited.

- On 28 March 2003, The Siam Pulp and Paper Public Company Limited subscribed 100 million newly issued shares and the
  Company used this capital increase proceed to repay TAMC's debts.

- On 27 June 2003, the Company entered into long-term loan agreements with 3 financial institutions, those were;        Siam
  Commercial Bank Public Company Limited, Bangkok Bank Public Company Limited and the Kasikornbank Public Company
  Limited in the total borrow amount of 2.7 billion Baht. And on 30 June 2003, the Company made the repayment to settle all
  remaining debts to TAMC and the Ploy Asset Management Company Limted, in amount of 3.054 billion Baht deemed as the
  termination of the business restructuring plan with TAMC.

- July 2003 Kanchanaburi Mill received an ISO 9001:2000 certification accredited by SGS (Thailand) Ltd.

- July 2003 Prachinburi Mill attained the environment management system; ISO 14001     accredited by the United Registar
  System (Thailand) Limited.

- November 2003  Installed SAP Software, a standard and modern package program on marketing, procurement, inventory
  management,  accounting and budgeting,  to provide prompt  and  precise customers' services as required,       to reduce
  production costs as well as to support accurate and timely decision making for the management.       The SAP Program is
  scheduled to go live on January 2004.

2002
- The Extraordinary Shareholders' Meeting No.1/2002, on 6 February 2002, resolved to approve the Company entered into
   debt restructuring  with the Thai Asset Management Coporation (TAMC). On 22 February 2002,  submitted the application
   for corporate restructuring to TAMC. The said application was approved on 28 February 2002    and had Deloitte Touche
   Tohmatsu Corporate Restructuring Co., Ltd. as "Planner".

- On 16 October 2002, the Company and TAMC both agreed in principle and jointly signed the Memorandum of Understand
  (MOU) on the debt restructuring plan

- The Extraordinary Shareholders' Meeting No.2/2002 on 15 November 2002 resolved to increase additional registered
  capital of 1.2 billion Baht, to a total of 2.7 billion Baht by issuing and allocating of newly 120 million ordinary shares as follow
               w 110 million sharesto the specific investors and/or the institutional investors and/or qualified investors
                    pursuant to the notification of the SEC and/or creditors under the Company's debt restructuring plan.
               w To allocate 10 million shares to accommodate the exercise warrant

- (December) Increased the registered capital to 2.7 billion Baht.

2001
- (June) Paper Mill No. 1 received an ISO 9002 Certification from SGS (Thailand) Co.,Ltd.
- (November) Attainment of ISO   9001 : 2000 accreditation from United Registrar Systems (Thailand) Limited.

2000
- (June) The Company reorganized its management structure by dividing corporate structure into four major
  divisions which includes marketing, production, technical, finance, accounting, and strategic planning and compliance, and   general administration. Our objective in this change was to increase our efficiency and competitiveness.

1999 - (January) The Audit Committee was appointed under the resolution of the   Board of Directors' at a meeting to promote Good Corporate Governance. - Asia Pacific Growth Fund II, LP, the United States of America Capital hold the   ratio of 40 percent which has increased to the ratio of 56 percent, as a result,   Keeratimongkollert and the group's ratio changed from 20.13 percent to 13.83   percent. 1998 - (July) Started and tested run Paper Mill No.2, Prachinburi. Thailand only 4 ply   kraft machine. - (December) The Company increased its registered capital to Baht 1.5 billion

1997
- (January) The Company increased its registered capital to Baht 1.1 billion.
- Asia Pacific Growth Fund II, LP, the United States of America Capital hold the ratio of 40 percent

1996
- (April) The Company's ordinary shares started trading in the Stock Exchange of Thailand (SET)

1995
- (January) The Company increased its registered capital to Baht 550 million

1993
- (April) The Company was registered as the "public company" and changed name to "Thai Cane Paper Public Company   Limited "

1992
- (April 16) The Company's products is certified by the Ministry of Industry in meeting the required standards of Thailand.

1991
- (May) The Company increased its registered capital to Baht 300 million

1990
- (April) Construction of Paper Mill No. 1 was completed and the production started.

1987
- The Company was founded with Baht 100 million registered capital