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Progress on public offering plan reported by THAI.

AIRLINE INDUSTRY INFORMATION-(C)1997-2010 M2 COMMUNICATIONS

Thai Airways International Public Company Limited (THAI) yesterday confirmed it has submitted the registration statement and draft prospectus for the public offering of its newly issued shares with the Securities and Exchange Commission (SEC).

The offering is expected to be made to The Ministry of Finance (MOF), which currently holds approximately 51.03% of THAI's total issued shares, existing shareholders of the Company (excluding the MOF), whose names appear in the share registrar book as of August 30, 2010 and retail investors who are Thai individuals residing in Thailand or juristic persons registered in Thailand and are not institutional investors along with retail investors who may also subscribe at the same price as the MOF and existing shareholders.

THAI shall announce the entitlement ratio to existing shareholders (excluding the MOF) on the same date as the announcement of the final offering price.

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Publication:Airline Industry Information
Date:Aug 18, 2010
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