News

Financial results for Fiscal Year 2006

No.1023

29 November 2006

Subject: Submission of financial statements for the fiscal year 2006 ended September 30, 2006 and a cover letter.

To: President of Stock Exchange of Thailand

Enclosed
1.Airports of Thailand Public Company Limited and its subsidiary's financial statements for the fiscal year 2006 ended September 30, 2006
2. Reviewed Quarterly Financial Statements (F45-3)
3. Management's Discussion and Analysis (MD&A) for the fiscal year 2006 ended September 30, 2006 of Airports of Thailand Public Company Limited

We, Airports of Thailand Public Company Limited (AOT), are pleased to submit the company's financial statements and its subsidiary for the fiscal year 2006 ended September 30,2006 which has been reviewed by the Office of the Auditor General of Thailand, details of which are enclosed 1 and 2

AOT's financial performance for the fiscal year 2006 ended September 30, 2006 compared with the same period of the year 2005 is as follows:

The increase in operating revenues for the fiscal year 2006 is underpinned by a growth in the number of aircraft, passenger and cargo movements. The increase in operating expenses for the fiscal year 2006 is caused by the employment of new employees and temporary workers to work at Suvarnabhumi Airport, electricity, water, outsourcing, public relations expenses and also the noise pollution study which effects nearby communities around Suvarnabhumi airport.An increase of gain on foreign exchange for the fiscal year 2006 is recorded at Baht 4,073.22 million Meanwhile, a gain on foreign exchange for fiscal year 2005 is recorded at Baht 1,219.75 million,a year-on-year increase of Baht 2,853.47 million.

As of September 30, 2006, AOT has total assets of Baht 150,505.06 million,current assets of Baht 23,539.06 million, non-current asstets of Baht 126,966.00 million.Total liabilitiess of Baht 79,436.22 million, current liabilities of Baht 13,933.24 million (including the current portion of long-term loans for Baht 1,092.93 million). In addition, AOT has the long-term loans of Baht 55,942.02 million and total shareholders' equity for Baht 71,068.84 million.

Detail of Management's Discussion and Analysis (MD&A) and the Company's result are as per enclosed 3.

Please be informed accordingly.

Yours sincerely,

(Porntip Kanchanasat)
Vice President of Accounting Department