Univanich Holidays for 2007 BackDec 12, 2006 December 8, 2006 Subject: Univanich Holidays for 2007 To: The President Stock Exchange of Thailand Please be advised that the offices of Univanich Palm Oil PCL will be closed for the following holidays in 2007. 1. Monday 1 January New Year holiday 2. Tuesday 2 January New Year holiday 3. Monday 19 February In lieu of Chinese New Year 4. Saturday 3 March Makha Bucha Day 5. Friday 13 April Songkran Festival Day 6. Saturday 14 April Songkran Festival Day 7. Tuesday 1 May National Labour Day 8. Saturday 5 May Coronation Day 9. Monday 30 July Buddhist Lent Day 10. Monday 13 August In lieu of H.M. The Queen’s Birthday 11. Thursday 11 October Sart Thai Day 12. Tuesday 23 October King Chulalongkorn Day 13. Wednesday 5 December H.M. The King’s Birthday 14. Monday 10 December Constitution Day 15. Monday 31 December New Year Yours sincerely, Univanich Palm Oil PCL. John Clendon Managing Director

Quarter 3, 2006, Financial Statements Download

Report: Reviewed Quarterly Financial StatementsName UNIVANICH PALM OIL PUBLIC COMPANY LIMITED ReviewedEnding 30 September (In thousands)   Quarter 3 For 9 Months Year 2006 2005 2006 2005 Net profit 71,133 42,627 268,408 165,315 EPS (baht) 0.76000 0.45000 2.86000 1.76000 Type of report:Unqualified Opinion Comment: Please see details in financial statements, auditor’s report and remarks from SET SMART “The company hereby certifies that the information above is correct and complete. In addition, the company has already reported and disseminated its financial statements in full via the SET Electronic Listed Company Information Disclosure (ELCID), and has also submitted the original report to the Securities and Exchange Commission.” Signature ___________________________                               ( John Clendon )                      Position Managing Director       Authorized to sign on behalf of the company

Subject: Clarification of Results for Third Quarter of 2006 To: The President Stock Exchange of Thailand           Univanich Palm Oil PCL hereby submits the Interim Financial Statements for the quarter ending 30th September 2006. The operating profit from this third quarter of 2006 was 66.9% higher than for the third quarter of last year. For the first nine months of 2006 the operating profit is 62.4% higher than for the same period last year. The main factors influencing this significant higher result are as follows; 1. ProductionFresh Fruit Bunch (FFB) production from our own oil palm estates was 26.9% higher than in the first nine month of last year. This higher crop was due to recovery from the severe drought effect of last year, together with good rainfall during the 2006 dry season. The volume of FFB purchased from outside growers was 37.4% higher than last year, due to the good growing season and new production from expanded oil palm plantings in the company’s buying area. Total FFB processed by Univanich factories was 35.1% higher than in the first nine months of last year, with the company’s new factory at Lamthap exceeding expectations by processing 156,023 tonnes FFB in this period. Total Crude Palm Oil (CPO) production was 36.5% higher than in the same period of last year. Palm Kernel Oil (PKO) production increased by 38.2% due to utilisation of new capacity at the company’s second PK crushing mill commissioned in Q4 of last year. 2. SalesCPO sales volume was 18.9% higher than in the first nine months of last year, and the inventory of CPO in stock increased from 1,117 tonnes in January to 10,667 tonnes at end of September, as the company increased inventory for export shipments. This year-to-date, 42.5% of the company’s CPO sales have been exported, compared to no CPO exports during the same period of last year when the domestic production and stocks were much lower. PKO sales volume was 25.8% higher than in the first nine months of last year, with 75.9% of PKO sales having been exported, including 2,828 mt of PKO purchased from third parties to make-up export shipments. The average CPO selling price was 6.3% lower than in the first nine months of last year and the average PKO selling price was 12.1% lower than last year. High palm oil stocks in Thailand have depressed domestic prices in the second and third quarters of 2006, but there are indications of rising prices going into the fourth quarter. 3. Cost of salesCost of sales of Baht 1,417.1 million in the first nine months of 2006 was 3.6% higher than Baht 1,367.8 million in the same period of last year. Although the volume of fruit purchases was significantly higher than last year, the average purchase price per kg was 14.1% lower. In the third quarter there were also small volumes of CPO purchases to make-up export shipments, whereas last year there were no such purchases of CPO. The overall gross margin in the third quarter increased from 17.5% to 17.9%. For the first nine months the gross margin has increased from 17.5% to 22.3%, largely due to recovery from last year’s drought. 4. Net ProfitThe after-tax profit for the quarter ending 30th September 2006, was Baht 71.1 million (Baht 0.76 per share), an increase of 66.9% over the same quarter of last year. For the first nine months of 2006, the after-tax profit was Baht 268.4 million (Baht 2.86 per share) an increase of 62.4% over Baht 165.3 million (Baht 1.76 per share) in the same period of last year. The main factors affecting the improved result were: – FFB production from our own estates increased by 26.9%– FFB purchased from outside growers increased by 37.4%– Increased utilisation of new factory capacities– Higher oil extraction rates have improved crushing margins.           Negative factors included the lower CPO and PKO selling prices, higher fertilizer and fuel prices, and an increase in depreciation charges on new factory capacity. Yours faithfully,Univanich Palm Oil PCL.    John ClendonManaging Director cc: The Secretary-GeneralThe Securities and Exchange Commission

Subject: Payment of Interim Dividend To: The President Stock Exchange of Thailand The Directors of Univanich Palm Oil Public Company Limited, at Board meeting No. 3/2006 held on August 11, 2006, announced a net profit of Baht 197.3 million for the first six months of 2006, and approved an interim dividend payment of Baht 1.25 per share on 94,000,000 shares. The closing date of the Company’s register for the right to receive this dividend payment shall be on Wednesday August 25, 2006, at 12.00 hours, and payment shall be completed by Friday September 8, 2006. The Company would like to confirm that the above interim dividend will be paid without deduction of withholding tax since it is entirely derived from BOI promoted and tax exempted operations. Yours faithfully,Univanich Palm Oil PCL.   John ClendonManaging Director

Report: Reviewed Quarterly Financial StatementsName UNIVANICH PALM OIL PUBLIC COMPANY LIMITED ReviewedEnding 30 June (In thousands)   Quarter 2 For 6 Months Year 2006 2005 2006 2005 Net profit 107,529 63,779 197,275 122,688 EPS (baht) 1.14 0.68 2.10 1.31 Type of report:Unqualified Opinion Comment: Please see details in financial statements, auditor’s report and remarks from SET SMART “The company hereby certifies that the information above is correct and complete. In addition, the company has already reported and disseminated its financial statements in full via the SET Electronic Listed Company Information Disclosure (ELCID), and has also submitted the original report to the Securities and Exchange Commission.” Signature ___________________________                          ( John Clendon )                     Position Managing DirectorAuthorized to sign on behalf of the company

Subject: Clarification of Results for first half of 2006 To: The President Stock Exchange of Thailand Univanich Palm Oil Public Company Limited hereby submits the Interim Financial Statements for the quarter ending 30th June 2006, and would like to clarify the operating result of the first half of 2006, which is 60.8% higher than for the same period last year. 1. Production Fresh Fruit Bunch production (FFB) from our own estates was 30.1% higher than in the first half of last year. FFB purchased from outside growers was 21.0% higher than last year. This higher crop was due to recovery from the drought effect of last year, together with good rainfall during 2006 dry season. Total FFB processed by Univanich factories was 22.9% higher than in the first half of 2005. However, Crude Palm Oil production of 63,965 tonnes was 27.1% higher, due to significantly better oil extraction rates (oer%). This higher oil extraction was also due to the recovery from drought and much better rainfall in the first half of 2006. The production of Palm Kernel Oil (PKO) increased by 30.1% over the first half of last year, due to the better than expected contribution from the Company’s new PKO production plant commissioned in the 4th quarter of 2005. 2. Sales Crude Palm Oil (CPO) sales volume was 8.9% higher than in the first half of last year, and the inventory of CPO in stock increased by 4,791 tonnes during the first half, due to the higher production and preparation for export shipments. Palm Kernel Oil sales volume was only 5.3% higher, since there have been fewer purchases of third party PKO previously required to make-up export shipments. The average CPO selling price was 2.6% lower than in the first half of last year, while the average PKO selling price was lower by 10.2%. 3. Cost of sales Cost of sales of Baht 910.2 million in the first half of 2006 was 5.7% lower than Baht 965.1 million in the same period of last year. Although the volume of fruit purchases was higher, the average purchase price per kg was 10.1% lower than in the first half of last year. Since our own production of PKO has increased, the volume of purchased PKO required to make-up export shipments was 34.5% lower than last year, also contributing to the lower cost of sales. The overall gross margin increased from 17.4% to 24.5%. 4. Net Profit The after-tax profit for the second quarter, ending 30th June 2006, was Baht 107.5 million (Baht 1.14 per share), an increase of 68.5% over Baht 63.8 million (Baht 0.68 per share) in the same quarter of last year. For the first half of 2006, the after-tax profit was Baht 197.3 million (Baht 2.10 per share) an increase of 60.8% over Baht 122.7 million (Baht 1.31 per share) in the first half of last year. Although the selling prices for CPO and PKO were both lower than last year, factors affecting the improved first half result were the higher fruit production following recovery from drought, plus the higher volumes and increased oer% in the purchased fruit activities. Yours faithfully, Univanich Palm Oil PCL.   John Clendon Managing Director

Financial Statement Quarter 2/2006 Download

Financial Statement Quarter 1/2006 Download

Report: Reviewed Quarterly Financial StatementsName UNIVANICH PALM OIL PUBLIC COMPANY LIMITED Reviewed(In thousands)Ending 31 March   Quarter 1 Year 2006 2005 Net profit 89,746 58,908 EPS (baht) 0.95 0.63 Type of report: Unqualified Opinion Comment: Please see details in financial statements, auditor’s report and remarks from SET SMART “The company hereby certifies that the information above is correct and complete. In addition, the company has already reported and disseminated its financial statements in full via the SET Electronic Listed Company Information Disclosure (ELCID), and has also submitted the original report to the Securities and Exchange Commission.” Signature ___________________________                          ( John Clendon )                   Position Managing Director Authorized to sign on behalf of the company

Subject: Clarification of 1st Quarter 2006 Results To: The President The Stock Exchange of Thailand Univanich Palm Oil Public Company Limited hereby submits the Interim Financial Statements for the quarter ending 31st March 2006, and would like to clarify Q1/2006 operating performance which is 52% higher, compared to the same period last year. 1. Production Fresh Fruit Bunch (FFB) production from our own estates was 24.3% higher than in the same quarter of last year. This higher crop volume signals a recovery from the drought effect of last year. FFB purchased from outside growers (OFP) was 18.7% higher volume than last year, also due to recovery from the drought and new areas of young palms coming into production. Total FFB processed was 19.9% higher than in the same period last year. However, Crude Palm Oil production was 26.2% higher, due to significantly better oil extraction rates (oer%). The first quarter oer% is higher than in the previous three years due to the favourable weather in 2006. Soil moisture deficit in the 2006 dry season has been only 8mm compared to a cumulative deficit of 329mm during the same season last year. 2. Sales Total Crude Palm Oil (CPO) sales volume was 4.9% higher than in the first quarter of last year. Palm Kernel Oil (PKO) sales volume was 29.9% higher, mostly due to higher production from the company’s new PKO plant in Lamthap District. Local palm oil prices were slightly better than export prices so all our CPO and PKO sales in the first quarter were to the domestic market. The average CPO selling price was 5.4% higher than in the same period of last year, while the average PKO selling price was higher by 1.1%. 3. Cost of sales Cost of sales of Baht 447.1 million in the first quarter was 2.6% higher than Baht 435.8 million in the same period of last year. The higher volume of outside fruit purchases, with an average purchase price per kg which was 4.7% higher than last year, contributed to the higher cost of sales. Since there was no exporting during the quarter there were no purchases of oil to make-up export shipments. The overall gross margin increased from 17.7% to 23.4%. 4. Net Profit The after-tax profit of Baht 89.75 million was 52.3% higher than Baht 58.91 million in the first quarter of last year. Three main factors affecting the improved result were 1. Higher fruit production from our own estate 2. Improved profit margin on purchased fruit due to higher volumes and increased oer% 3. Higher CPO and PKO selling prices Yours faithfully, Univanich Palm Oil PCL. John Clendon Managing Director

Subject: Re-appointment of Audit Committee To: The President The Stock Exchange of Thailand Univanich Palm Oil Public Company Limited would like to report the resolution of the Board of Directors’ Meeting No. 2/2006 held on 11th May 2006. The Board approved the re-appointment of the following Audit Committee members for another term of three years. Name Position Mr. Suchad Chiaranussati Independent Director Chairman of the Audit Committee Mr. Tanate Phutrakul Independent Director Audit Committee member Ms. Supapang Chanlongbutra Independent Director Audit Committee member The scope and responsibilities of the Audit Committee remain the same. Yours faithfully, Univanich Palm Oil PCL.   John Clendon –  Managing Director