Notification of the Book Closing for Interest Payment of Debentures of Thai Airways International Public Company Limited (THAI08OA and THAI10OA)

Thai Airways International Public Company Limited (“the Company”) would like to inform you that the Company will close the registered book for interest payment of debentures of the Company (THAI08OA and THAI10OA), the details are shown in the letter Kasikorn Bank below.

Re:   Notification of Close of Register Date for interest Payment

Reference is made to “Debentures of Thai Airways International Public Company Limited No.1/2546 Series 1 Due B.E.2551 (THAI08OA), par value of Baht 1,000 total units of 5,500,000 and total value of Baht 5,500,000,000” and  “Debentures of Thai Airways International Public Company Limited No. 1/2546 Series 2 Due B.E.2553 (THAI10OA), par value of Baht 1,000 total units of 4,500,000 and total value of Baht 4,500,000,000”, with  semi-annual interest payments due on April 8 and October 8 of each year.

We, KASIKORNBANK Public Company Limited, as the Registrar and Paying Agent of the above-mentioned Debentures, hereby would like to inform you that the third interest payment would be due on April 8, 2005 with details as follows:

1. Series 1 (THAI08OA) interest rate of 3.00 per cent per annum, with interest payment period of 182 days from October 8, 2004 to April 7, 2005
2. Series 2 (THAI10OA) interest rate of 3.70 per cent per annum, with interest payment period of 182 days from October 8, 2004 to April 7, 2005

Kindly be informed that the register of debenture will be closed on March 25, 2005, at 12.00 pm., for the purpose of determining the Debenture holders, who have the rights to receive the interest payment.