Italian-thai Development Public Co., Ltd.SET: ITD

Letter of Intent for the Central Plaza Suratthani Project

· Issued by Italian-thai Development Public Co., Ltd.
Translation

Italian-Thai Development Public Company Limited is pleased to inform SET that on July 6, 2011 the Company received a Letter of Intent from CPN Chiangrai Co., Ltd. and Robinson Department Store Public Co., Ltd. for the Central Plaza Suratthani Project.

The details of the contract works are as follows:-Description of works: Structure, Architecture and Interior work of a 4 storey Department Store Building and 1 Basement, with a total service area of 80,000 sq.m.Contract Value : Baht 955.72 million ( Including VAT )Period of Works : 412 days