Date – March 10, 2010

T. Krungthai Industries Plc. (TKT) is expecting a revenue growth of 15% this year, while preparing to invest 160 million Baht on imported machinery in expectation of the automotive industry’s recovery.

TKT assistant managing director Chumpol Techakraisri said the company has this year increased its investment budget from 100 million Baht to 160 million Baht to buy machines from Japan in according to its plan to increase production capacity to respond to increasing orders during the recovery of automotive industry.

Such increased production capacity will be able to respond to as much as 70-80% growth of the company, or the company’s growth in next two years.

The company expects that revenue will grow for no less than 15% this year, which has been forecasted since last year. However, as the automotive industry is predicted to grow by 40% and produce about 1.4 million units, the company believes that its growth can be similar to the industry’s level.