บริษัท อินเตอร์ไฮด์ จำกัด (มหาชน)

Economic crisis in the United States has resulted in global economic slowdown anddecline in total production of automotive industry around the world. However, in Asia the auto industry has recovered earlier than any other continents and gradually rose significantly in the 3^rd quarter of this year. That reflects the fact that the economic foundation of Asia is quite different from other continents and that make the Asia’s economic recovered faster than what has been expected. When considering the automotive market of Thailand for the next year it is expected that it will grow around 5-10% from the year 2009.

It is expected that the sales of Interhides Public Company Limited. for next year will increase approximately 10-20% from the year 2009 due to the economic recovery of Asian market. Our products are well accepted by local automobile companies and we continue to receive increasing orders. The main objective for year 2010 will be to achieve cost reduction level that will strengthen our profit outlook.

Lastly, the Board of Directors would like to thanks all parties involved, shareholders, customers, partners, employees, and financial institutions for their constant supports. The company will maintain the policy of constant development and transparency in operation and provide maximum benefits to the society.

(Mr. Thira Wipuchanin) Chairman of the Board		(Mr. Ongart Thumrongsakunvong) Managing Director