Dear Shareholders,

The Board of Directors is determined to operate to enhance return and increase business value for shareholders for the Company’s long term sustainable growth.

For the operating result of 2007, despite unfavorable external factors, the Company and subsidiaries still grew. The Company reported consolidated revenue of Baht 1,426.9 million. The Company has an objective to adjust business model to be consistent with the concurrent economic condition. The Company is determined to improve and develop business continuously, for both existing businesses and future expansions, to improve revenue and profits, which will lead to sustainable business growth and shareholders’ value enhancement.

The Board of Directors of Ascon Construction Public Company Limited would like to thank shareholders, customers, financial institutes who provide funding, employees as well as other agencies that support business operations well in the past. The Company hopes to receive your consistent, unfailing support from you in the future. Everyone can be confident that the Company will operate business with good Corporate Governance and transparency to maximize overall benefits for all stakeholders.