Company Rating/Outlook CreditAlert
FINANCIAL INSTITUTIONS
1. Bank of Ayudhya PLC Company A-/Positive
BAY13NA: Bt12,000 mil sub debs due 2013 BBB+
2. GE Capital Auto Lease PLC Bt30,000 mil guaranteed debs under medium-term debenture program AAA/Stable
- GECL077A: Bt6,000 mil guaranteed debs due 2007 AAA
- Up to Bt400 mil guaranteed debs due 2008 AAA
3. Hi-Way Co., Ltd. Company BBB+/Stable
HWAY069A: Bt400 mil sr debs due 2006 BBB+
4. Honda Leasing (Thailand) Co., Ltd. HLTC07OA: Bt2,000 mil guaranteed debs under medium-term debenture program due 2007 AAA/Stable
5. KGI Securities (Thailand) PLC Company BBB/Stable
6. Kiatnakin Finance PLC Company BBB+/Positive
KK069A: Bt1,500 mil sr debs 1/2002 tranche 1 due 2006 BBB+
KK079A: Bt1,000 mil sr debs 1/2002 tranche 2 due 2007 BBB+
KK073A: Bt1,000 mil sr debs 2/2002 due 2007 BBB+
KK087A: Bt3,000 mil sr debs due 2008 BBB+
7. Krungthai Card PLC Company A-/Stable
KTC064A: Bt5,000 mil sr debs due 2006 A-
Bt4,000 mil sr debs due 2007 A-
Bt1,000 mil sr debs due 2009 A-
8. Nava Leasing PLC Company BBB/Negative
NVL063A: Bt1,200 mil sr secrd debs due 2006 BBB+
9. Phatra Leasing PLC Company BBB+/Stable
PL04DA: Bt400 mil sr debs due 2004 BBB+
PL066A: Bt900 mil sr debs due 2006 BBB+
PL079A: Bt400 mil sr debs due 2007 BBB+
PL08OA: Bt400 mil sr debs due 2008 BBB+
10.Ratchthani Leasing PLC TANI078A: Bt1,000 mil sr secrd debs due 2007 BBB/Stable
11.SIAM A&C CO., LTD. Company BBB+/Stable
SANC05DA: Bt2,000 mil guaranteed debs due 2005 AA
Bt1,000 mil B/E due 2007 BBB+
12. Siam Panich Leasing PLC Company A-/Stable
SPL055A: Bt3,500 mil sr debs due 2005 A-
SPL063A: Bt3,000 mil sr debs due 2006 A-
SPL073A: Bt3,500 mil sr debs due 2007 A-
SPL073B: Bt3,500 mil sr debs due 2007 A-
Bt300 mil B/E due 2007 A-
13. Thai Commercial Auto Co., Ltd. Company BBB+/Stable
Bt1,200 mil sr debs due 2006 BBB+
14. Thai Military Bank PLC Company BBB-/Positive
TMB07NA: Bt6,000 mil sub debs due 2007 BB+
15. Tisco Finance PLC Company A/Positive
TSCO077A: Bt2,000 mil sr debs due 2007 A
TSCO077B: Bt1,000 mil sr debs due 2007 A
TSCO07OA: Bt1,800 mil sr debs due 2007 A
16. Toyota Leasing (Thailand) CO., Ltd. Up to Bt30,000 mil guaranteed debs under medium-term debenture program AAA/Stable
17. TSFC Securities Ltd. Company A-/Positive
Up to Bt1,000 mil sub debs due 2009 BBB+
CORPORATES
18. Advance Agro PLC Company BBB/Stable
19. Advanced Info Service PLC Company AA/Stable
AIS063A: Bt12,000 mil sr debs due 2006 AA
AIS04NA: Bt5,000 mil sr debs due 2004 AA
AIS06NA: Bt10,000 mil sr debs due 2006 AA
AIS073A: Bt3,000 mil sr debs due 2007 AA
AIS093A: Bt2,500 mil sr debs due 2009 AA
AIS093B: Bt4,500 mil sr debs due 2009 AA
AIS07OA: Bt5,000 mil sr debs due 2007 AA
20. Asia Multimedia Co., Ltd. Company BBB/Stable
21. Banpu PLC Company A/Stable
BP064A: Bt2,500 mil sr debs due 2006 A
BP084A: Bt500 mil sr debs due 2008 A
BP082A: Bt3,000 mil sr debs due 2008 A
BP111A: Bt1,500 mil sr debs due 2011 A
BP093A: Bt500 mil sr debs due 2009 A
Up to Bt2,750 mil sr debs due 2010 A
22. Central Plaza Hotel PLC Company A-/Stable
23. Central Pattana PLC Company A-/Positive
CPN066A: Bt1,000 mil sr debs due 2006 A-
CPN093A: Bt1,000 mil sr debs due 2009 A-
CPN10DA: Bt1,500 mil sr debs due 2010 A-
24. Charoen Pokphand Foods PLC Company A/Stable
CPF063A: Bt7,000 mil sr debs due 2006 A
25. CH. Karnchang PLC Company A-/Stable
CK07OA: Bt2,000 mil sr debs due 2007 A-
CK09OA: Bt120 mil sr debs due 2009 A-
CK09OB: Bt880 mil sr debs due 2009 A-
26. Eastern Water Resources Development and Management PLC Company A+/Stable
Bt1,500 mil sr debs due 2008 A+
Bt1,000 mil sr debs due 2011 A+
27. Glow SPP PLC Company A-/Stable
COCO#1: Bt2,200 mil sr debs due 2005 A-
GLOW089A: Bt6,500 million guaranteed debentures due 2008 A-
GLOW09OA: Bt2,310 million guaranteed debentures due 2009 A-
GLOW10DA: Bt3,490 million guaranteed debentures due 2010 A-
28. Golden Land Property Development PLC GOLD05OA: Bt1,100 mil sr secrd debs due 2005 BBB/Stable
GOLD088A: Bt1,100 mil sr secrd debs due 2008 BBB
29. Home Product Center PLC Company BBB+/Stable
30. I.C.C. International PLC Company AA-/Stable
31. Khanom Electricity Generating Co., Ltd. KEGCO#1: Bt7,500 mil sr secrd debs due 2011 AA-/Stable
32. Lalin Property PLC LALI077A: Bt400 mil sr debs due 2007 BBB+/Stable
Bt400 mil sr debs due 2007 BBB+
33. Land & Houses PLC LH06DA: Bt1,500 mil sr secrd debs due 2006 A+/Stable
LH063A: Bt1,000 mil sr debs due 2006 A
LH073A: Bt1,000 mil sr debs due 2007 A
LH083A: Bt1,000 mil sr debs due 2008 A
34. Loxley PLC Company BBB+/Stable
LOXL06NA: Bt1,000 mil sr debs due 2006 BBB+
LOXL08NA: Bt1,000 mil sr debs due 2008 BBB+
35. Nation Multimedia Group PLC Company BBB/Stable
NMG043A: Bt1,200 mil sr debs due 2004 BBB
NMG055A: Bt1,000 mil sr debs due 2005 BBB
NMG072A: Bt600 mil sr debs due 2007 BBB
NMG092A: Bt1,000 mil sr debs due 2009 BBB
36. Nestle (Thai) Ltd. NTH086A: Bt5,000 mil guaranteed debs due 2008 AAA/Stable
37. Noble Development PLC Company BBB/Stable
NOBL06NA: Bt1,000 mil sr debs due 2006 BBB
38. Premier Resort Krabi Co., Ltd. PRK081A: Bt850 mil sr secrd debs due 2007 BBB/Negative
39. Preuksa Real Estate Co., Ltd. Company BBB/Stable
PS069A: Bt500 mil sr debs due 2006 BBB
Bt100 mil B/E due 2007 BBB
Bt120 mil B/E due 2005 BBB
40. Quality Houses PLC Company BBB+/Stable
QH064A: Bt584 mil sr debs due 2006 BBB
QH074A: Bt917 mil sr debs due 2007 BBB
QH084A: Bt499 mil sr debs 2008 BBB
41.Ratchaburi Electricity Generating Co., Ltd. Company AA-/Stable
42. Ratchaburi Electricity Generating Holding PLC Company A+/Stable
43. Regional Container Lines PLC Company BBB+/Stable
RCL096A: Bt2,500 mil sr debs BBB
44. Royal Garden Resort PLC Company A-/Stable
RGR078A: Bt1,700 mil sr debs due 2007 A-
RGR10DA: Bt1,000 mil sr debs due 2011 A-
45. Saha Pathana Inter-Holding PLC Company A/Stable
SPI071A: Bt1,000 mil sr debs due 2006 A
46. Sansiri PLC Company BBB
47. Seacon Development PLC SCON047A: Bt650 mil sr secrd debs due 2004 A-/Stable
SCON061A: Bt550 mil sr secrd debs due 2006 A-
48. Shin Corporation PLC Company AA-/Stable
SHIN075A: Bt3,000 mil sr debs due 2007 AA-
49. Siam DR Co., Ltd. Bt4,000 mil depositary receipts on Bangchak Petroleum PLC's subordinated convertible debs due 2014 AA/Stable
50. Sino-Thai Engineering & Construction PLC Company BBB+/Stable
51. Total Access Communication PLC Company A-/Stable
TAC05OA: Bt6,000 mil sr debs due 2005 A-
TAC064A: Bt15,000 mil sr debs due 2006 A-
TAC09OA: Bt4,000 mil sr debs due 2009 A-
TAC09OB: Bt1,000 mil sr debs due 2009 A-
TAC089A: Bt3,000 mil sr debs due 2008 A-
TAC089B: Bt2,500 mil sr debs due 2008 A-
TAC109A: Bt3,500 mil sr debs due 2010 A-
52. TPI Polene PLC Company BBB-/Stable
53. True Corporation PLC Company BBB/Stable
TRUE087A: Bt11,715.40 mil sr secrd debs due 2008 BBB
TRUE112A: Bt6,750 mil sr secrd partially guaranteed debs due 2011 A
TRUE07OA: Bt3,319 mil sr secrd debs due 2007 BBB
TRUE#4: Up to Bt2,402.7 mill se secrd debs due 2011 BBB
54. Unilever Thai Trading Ltd. UTT07DA: Bt6,500 mil guaranteed debs due 2007 AAA/Stable
UTT083A: Bt4,000 mil guaranteed debs due 2008 AAA
55. United Communicaton Industry PLC Company BBB/Stable
56. United Farmer & Industry Co., Ltd. Company BBB+/Stable
57. Vinythai PLC Company BBB/Positive
VNT068A: Bt7,400 mil sr secrd debs due 2006 BBB
58. Wiik & Hoeglund PLC Company A-/Negative
STATE ENTERPRISES
59. Aeronautical Radio of Thailand Ltd. Company AA/Stable
60. PTT Exploration and Production PLC Company AA+/Positive
PTEP183A: Bt2,500 mil sr debs due 2018 AA+
61. Small and Medium Enterprise Development Bank of Thailand Company A+/Stable
SME087A: Bt5,000 mil sr debs due 2008 A+
62. Thai Airways International PLC Company AA-/Stable
THAI08OA: Bt5,500 mil sr debs due 2008 AA-
THAI10OA: Bt4,500 mil sr debs due 2010 AA-
THAI#3: Up to Bt15,000 mil sr debs due 2009,2011,2014 AA-
Note: Rating Outlooks assigned to all financial and corporate issuers are generally applicable to all debt obligations of the relevant issuers unless otherwise noted.