Issued Convertible Securities

Subject : Issued convertible securities to
existing shareholders
Date of Board resolution : 10-Nov-2010
Type of allocated securities : Other securities
Allocated to : Existing shareholders
Number of allotted securities (units) : 481,585,672
Number of shares to support : 481,585,672
conversion/exercising of rights (shares)
Ratio (Existing common shares : new : 9 : 1
convertible securities)


Description of convertible securities
Name of convertible securities : Transferable Subscription Right
Conversion ratio(Convertible securities : 1 : 1
: common shares)
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Attachedment: Revised Details of Transferable Subscription Right of Indorama
Ventures PCL
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