Result of the Eighth Voluntary Conversion (BCP-DR1)

- TRANSLATION - No. 1000 / 003 / 2007 January 5, 2007 Subject : Result of the Eighth Voluntary Conversion of Depository Receipt for Common Shares of The Bangchak Petroleum Public Company Limited (BCP-DR1) on January 5, 2007 Attention : President of The Stock Exchange of Thailand Reference : Terms and Conditions of the Depository Receipt for Common Shares of the Bangchak Petroleum Public Company Limited According to the Terms and conditions of Depository Receipt for Common Shares of The Bangchak Petroleum Public Company Limited (BCP-DR1) with respect to the rights of Voluntary Conversion, the BCP-DR1 Holders have the right to wholly or partly convert BCP-DR1 to Common Shares. The Voluntary conversion may be made on quarterly basis on the 5th day of January, April, July, and October each year, of which, the Eighth Voluntary Conversion date is January 5, 2007. In addition, the BCP-DR1 holders have to notify the intention for the Eighth Voluntary Conversion during December 27, 2006 - January 4, 2007 via Bualuang Securities Public Company Limited, the Agent of the Company for Accepting Exercise of the Conversion of BCP-DR1. The Company would like to inform that on January 5, 2007, there was no BCP-DR1 Holder converted their Depository Receipt to Common Shares of BCP. Therefore, the Company had still remained the Depository Receipts of 520,056,055 units. Please be informed accordingly. Yours sincerely, -signed- (Patiparn Sukorndhaman) Senior Executive Vice President Accounting and Finance Corporate Planning and Investor Relation Office Tel : 0-2335-4583 CC : 1. Managing Director, Siam DR Co., Ltd. 2. Managing Director, Thailand Securities Depository Co, Ltd. 3. Managing Director, Bualuang Securities Public Company Limited