THAI KIWA CHEMICALS CO. LTD.

Dear Sirs:

We, Thai Kiwa Chemicals Co., Ltd., have been set up since the year 1990 as a joint venture between Kiwa Chemicals Industry Co., Ltd., a well established dye manufacturer from Japan and VC Chemicals Co., Ltd., a leading pigment supplier from Thailand.

We have started off with the manufacture of disperse dyes and pigment preparations under the technology and know-how transfer from Kiwa Chemicals Japan. And after our continuous accumulation of experience in manufacturing, we have come to the success of research and development to achieve our own know-how to produce both high quality and environmentally friendly products.

As a result of our endless efforts of research and development, we have successfully established business relationship with our clients from all over the world such as China, Korea, Japan, Hong Kong, Taiwan, Indonesia, Malaysia, Bangladesh, Pakistan, Turkey, Argentina and etc. Besides overseas clientele, we regularly supply our products to domestic market.

In order to cope with an unceasing growth in demands of our products both in local and overseas markets, we continually and steadily exert our full efforts to make sure that the best products and services be provided to our clientele.

We warmly welcome inquiries from all over the world with the doors of business kept open for possible mutual benefits.

Yours faithfully,