05 ตุลาคม 2543
SOURCES OF FUND FOR 3,000 MW GROWTH
No. EGCO 310/483
Date : October 5, 2000
Attn : President of the Stock Exchange of Thailand
Subject: EGCOMP's Source of fund for 3000 MW growth
According to the corporate objective of Electricity Generating Public
Company Limited (EGCOMP), EGCOMP will increase the market share to 5,000 MW
Equity Capacity by 2003, which consists of 2,200 MW Equity Capacity for
existing projects and 3,000 MW Equity Capacity for future projects.
Moreover, EGCOMP Executive is making the road show presentation on vision
and strategy of EGCOMP's project development at the Sixth Annual
Fleming Asia Conference in New York, U.S.A. on October 4-6, 2000.
In the said conference, EGCOMP Executive expects to response to the foreign
investors' queries on how to raise fund for 3,000 MW growth.
Thus, to provide information equalizes to Thai and foreign investors,
EGCOMP would like to inform sources of fund for 3,000 MW growth as follows:
EGCOMP expects to increase 1,000 MW market share in the first year (2001)
and will utilize its internal cash generated from the electricity sale of
its subsidiaries. In addition, to achieve 3,000 MW growth in the second
and third year (2002-2003), EGCOMP will select the suitable sources of fund
according to economics and financial market at that time.
Yours sincerely,
Chutiporn Prayong
Acting Managing Director