2003 2005 - FAPAA

Thai Airfreight Forwarders Association874 Ploenchit Rd., Lumpini, Pathumwan,Bangkok 10330 ThailandTel : +66 02 254 5780-2 Fax : +66 02 254 5784E-mail : tafa@tafathai.orgwww.tafathai.org

TAFA MembersCurrent membership registrationtotally 136 CompaniesOrdinary 99 CompaniesAssociate 37 CompaniesBeing IATA MembersIATA 90 CompaniesNon-IATA 46 Companies

1 A.S. Logistics Co., Ltd.2 Air Dispatch Ltd.3 Air Eagle International Freight (Thailand) Co., Ltd.4AirPacificLtd.5 Air Tiger Express (Thailand) Co., Ltd.6 Airgo Travel and Cargo Co., Ltd.7 APC Logistics (Thai) Co., Ltd.8 Arrow Freight Co., Ltd.9 Atlas Transport Co., Ltd.10 Baltrans Logistics (Thailand) Co., Ltd.11 Bangkok Freight Forwarders Co., Ltd.12 BAX Global (Thailand) Limited13 Brink's (Thailand Ltd.14 Cargo Marketing International Co., Ltd.15 CTI Logistics Co., Ltd.16 DART Express (Thailand) Co., Ltd.17 DFDS Transport (Thailand) Ltd.18 Dimerco Express (Thailand) Co., Ltd.19 Dynamic Air Cargo Co., Ltd.20 Eagles Air & Sea (Thailand) Co., Ltd.21 East West Air Services Co., Ltd.22 EGL Eagle Global Logistics (Thailand) Ltd.23 Excel Transport International Co., Ltd.24 Exel (Thailand) Ltd.25 Freight Express International Co., Ltd.26 Freight Link Express (Thailand) Co., Ltd.27 Freight Master Co., Ltd.28 Future Transport International Co., Ltd.29 G.E. Logistics Co., Ltd. 64 Transpeed Co., Ltd.30 Geodis Overseas Co., Ltd.31 Geologistics (Thailand) co., Ltd.32 Glory Transport Limited33 Gulf Agency Company (Thailand) Ltd.34 Hankyu International Transport (Thailand) Co., Ltd35 Hanshin Freight International (Thailand) Co., Ltd..DIPV – Agents Policy Handle1st October 2005 - 1st October 200636 Harpers Freight International Air Cargo Co., Ltd.37 Jet Fresh Thailand Co., Ltd.38 JVK International Movers Ltd.39 K. Line Air Service (Thailand) Ltd.40 Kintetsu World Express (Thailand) Co., Ltd.41 Leo Transport Corporation Ltd.42 Mass Transport Express Co., Ltd.43 Multi Air Services Co., Ltd.44 Natsu International Co., Ltd.45 Nippon Express (Thailand) Co., Ltd.46 NNR Global Logistics (Thailand) Co., Ltd.47 Pan Thai Air (Bangkok) Co., Ltd.48 PILOT Air Cargo Co., Ltd.49 Pioneer Air Cargo Co., Ltd.50 Power Freight International Co., Ltd.51 PRO Freight Forwarders Co., Ltd.52 R.K. International Freight Co., Ltd.53 Royal Freight Express Co.,Ltd.54 SAM International Air Cargo Service Co., Ltd.55 Scanwell Logistics (Thailand) Co., Ltd.56 SDV Logistics (Thailand) Co., Ltd.57 Siam Kargo Logistics Co., Ltd.58 Siam Nistrans Co., Ltd.59 Speedmark Transportation (Thailand) Co., Ltd.60 Stand International Transport Ltd.61 Thai Kargo Kare Co., Ltd.62 Thai Master Transport Intงl Service ( T.M.T.) Co., Ltd63 Trans Air Cargo Co., Ltd.64 Transpeed Co., Ltd.65 Transpo International Ltd.66 Union Freight Forwarder Co., Ltd.67 Vantec World Transport (Thailand) Co., Ltd.68 Virgo Transport Co., Ltd.69 Yamato Onyu (Thailand) Co., Ltd.70 Yusen Air & Sea Service (Thailand) Co., Ltd.

DIPV Airlines Beneficiaries1 SU AEROFLOT RUSSIAN INT'L AIRLINES C/O Aeroglobal Company Limited2 AC AIR CANADA C/O Pilot Network System Co., Ltd.3 AF AIR FRANCE4 AI AIR INDIA5 NX AIR MACAU C/O Federal Air Services Co., Ltd.6 NZ AIR NEW ZEALAND C/O Airlines Agency Limited7 AZ ALITALIA CARGO8 NH ALL NIPPON AIRWAYS C/O Federal Transport Co.,Ltd.9 AA AMERICAN AIRLINES C/O Jet Fresh Thailand Co., Ltd.10 OZ ASIANA AIRLINES C/O Magellan Corporation Ltd.11 OS AUSTRIAN AIRLINES GROUP - CARGO *12 PG BANGKOK AIRWAYS13 BA BRITISH AIRWAYS14 CV CARGOLUX AIRLINES INT'L S.A. C/O WALLEM Shipping (Thailand) Ltd.15 CX CATHAY PACIFIC AIRWAYS LIMITED16 CI CHINA AIRLINES17 MS EGYPTAIR18 EK EMIRATES19 EY ETIHAD AIRWAYS C/O United Kargo Kare Co., Ltd.20 AY FINNAIR21 GF GULF AIR C/O Gulf Far East Co., Ltd.22 KA HONG KONG DRAGON AIRLINES LIMITED23 IR IRAN AIR C/O Trilateral Cooperation Co., Ltd.24 JL JAPAN AIRLINES25 KQ KENYA AIRWAYS C/O Travel Clinic Services Co., Ltd.26 KL KLM ROYAL DUTCH AIRLINES27 KE KOREAN AIR28 KU KUWAIT AIRWAYS C/O Arabia Aviation Co., Ltd.29 LH LUFTHANSA GERMAN AIRLINES30 MP MARTINAIR HOLLAND N.V.31 KZ NIPPON CARGO AIRLINES32 PK PAKISTAN INTERNATIONAL33 QF QANTAS34 QR QATAR AIRWAYS C/O P.B. Pongboon Intertrade Co., Ltd.35 BI ROYAL BRUNEI AIRLINES36 RJ ROYAL JORDANIAN AIRLINE C/O DEKS Air Co., Ltd.37 SV SAUDI ARABIAN AIRLINES C/O Alpha Links International Co., Ltd.38 SK SCANDINAVIAN AIRLINES CARGO39 UL SRI LANKAN AIRLINES40 LX SWISS INTERNATIONAL AIR LINES41 TG THAI AIRWAYS INTERNATIONAL PUBLIC COMPANY LIMITED42 TK TURKISH AIRLINES C/O Gulf Express Transport Agency Ltd.43 UA4 UNITED AIRLINES C/O Air Transport Service Ltd.44 LC VARIG LOGISTICS C/O Federal Transport Co., Ltd.

Policyholders of Transportation SpecialistLegal Liability Insurance1 ACUTECH Co., Ltd. 02-7114670-22 APC Logistics (Thai) Co., Ltd. 02-71414913 Atlantic Forwarding Co., Ltd. 02-26156584 Atlas Transport Co., Ltd. 02-6562801-205 Cargo Marketing International Co., Ltd. 02-93615506 CTI Logistics Co., Ltd. 02-25800607 DART Express (Thailand) Co., Ltd. 02-29500888 DIMERCO EXPRESS (THAILAND) CO., LTD. 02-93825269 Eagles Air & Sea (Thailand) Co., Ltd. 02-970399610 East-West Air Services Co., LTd. 02-712015011 Enterprise Transport International Co., Ltd. 02-381170612 Excel Transport International Co., Ltd. 02-2545370 - 813 Freight Express International Co., Ltd. 02-2294351-714 Freight Master Co., Ltd. 02-294909415 Future Transport International Co., Ltd. 02-2954354-6216 G.E. Logistics Co., Ltd. 02-996927017 Jet Fresh Thailand Co., Ltd. 02-2574045 257404018 Leo Transport Corporation Ltd. 02-689112219 Mass Transport Express Co., Ltd. 02-6517688-9920 Multi Air Services Co., Ltd. 02-2530077-921 NNR Global Logistics (Thailand) Co., Ltd. 02-248740422 PILOT Air Cargo Co., Ltd. 02-742799923 Pioneer Air Cargo Co., Ltd./Global Distribution Alliance (Thailand) Co., Ltd. 02-392196024 Power Freight International Co., Ltd. 02-2950475-725 R.K. International Freight Co., Ltd. 02-7486601-426 Scanwell Logistics (Thailand) Co.,Ltd. 02-295035127 Siam Kargo Logistics Co., Ltd. 02-247008828 Thai Kargo Kare Co., Ltd. 02-512036229 Thai Master Transport International Service (TMT) Co., Ltd. 02-690806030 Trans Air Cargo Co., Ltd. 02-650903031 Transpeed Co., Ltd. 02-2499001-1032 Yamato Unyu (Thailand) Co., Ltd. 02-3693400-09

TAFA Committee 2006-2007Lately TAFA committee election for period 2006-2007 held on 20 th April 2006.Name list of the committee as of following.ChairmanVice ChairmanVice ChairmanVice ChairmanVice ChairmanHon.SecretaryHon.Secretary Asst.Hon. TreasurerRegistrantDirectorsAsso. ManagerHonorary AdvisorHonorary AdvisorHonorary AdvisorHonorary AdvisorHonorary AdvisorMr. Kovit ThanyarattakulMr. Chairat PitpisutkulMr. Phongsagorn WattanarungsrikajornMrs. Urai ChoothakarnMs. Wilai ChalanuchpongMr. Chuchard SantikakanandMr. Supote NuniamMs.Vachara PhachrintanakulMr. Nuthaweat SantisarunMr. Chaiya ThepsonthornMr. Winai PooripunyawanichMs. Wallapa StirachavarnMr. Pravat VannaprathipMr. Kamol MaruttamarnMr. Voratat TantimongkolsukMr. Krit SirichanyaMr. Keree ChaichanavongMr. Amarit PansiriMr. Pipat RatanatraiphobMr. Kasem JaliyawatwongMr. Tanya TanyapongpanichMulti Air Services Co.,Ltd.Future Transport Int’l Co.,Ltd.Scanwell Logistics (T) Co.,Ltd.Union Freight Forwarder Co.,Ltd.Thai Kargo Kare Co.,Ltd.Cargo Marketing Int’l Co.,Ltd.Natsu Int’l Co.,Ltd.Expeditors (T) Ltd.Atlas Transport Co.,Ltd.Pioneer Air Cargo Co.,Ltd.Freight Master Co.,Ltd.Eagles Air &Sea (T) Co.,Ltd.Kintetsu World Express (T) Co.,Ltd.Transpeed Co.,Ltd.CTI Logistics Co.,Ltd.TAFATrans Air Cargo Co.,Ltd.Excel Transport Int’l Co.,Ltd.Pioneer Air Cargo Co.,Ltd.Harpers Freight Intl Air Cargo Co.,Ltd.East-West Air Services Co.,Ltd.

Bangkok AirportAir cargo Statistics2003-2005

Bangkok Airport Air Cargo Statistics2003-2005Total (Inbound)30,00025,00020,00015,00010,0005,000200320040Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec20052003 19,622 17,986 22,492 18,496 19,029 19,415 19,841 19,165 20,789 23,042 21,989 22,2952004 19,681 22,803 24,171 21,217 22,232 22,293 24,255 22,024 23,713 25,519 24,857 24,7122005 22,041 22,891 27,005 23,696 23,616 24,320 24,694 23,141 24,751 26,111 25,768 25,671

Bangkok Airport Air Cargo Statistics2003-2005Total Transit (Inbound)18,00016,00014,00012,00010,0008,0002003200420056,0004,0002,0000Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2003 10,773 9,340 12,379 11,203 10,748 9,762 10,100 10,803 11,032 12,596 12,820 12,1782004 10,303 11,116 12,803 11,132 11,723 11,531 11,728 11,171 12,401 13,728 13,530 13,6562005 11,266 10,271 12,960 13,308 12,886 12,831 13,346 13,352 13,631 15,393 14,243 14,715

Bangkok Airport Air Cargo Statistics2003-2005Total (Inbound)16,00014,00012,00010,0008,0006,0004,0002,0002003200420050Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2003 10,253 9,444 12,472 11,437 10,977 10,034 10,435 10,993 11,278 12,918 12,899 12,6862004 10,555 11,000 13,192 11,541 11,979 11,676 11,847 11,600 12,600 13,508 13,808 13,9942005 11,709 10,417 13,129 13,182 13,239 12,889 13,449 13,429 13,673 15,167 14,481 14,855

Bangkok Airport Air Cargo Statistics2003-2005Total Outbound50,00045,00040,00035,00030,00025,00020,00020032004200515,00010,0005,0000Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2003 35,573 33,930 39,885 33,602 34,770 33,639 32,523 32,370 33,970 37,209 36,990 37,2672004 35,006 35,991 39,129 36,452 39,195 40,401 39,379 36,509 42,113 42,467 41,360 42,6452005 38,795 39,177 45,268 38,506 40,761 41,523 40,476 39,885 42,989 43,333 42,988 44,767

Bangkok Outbound by destinationIATA Area2003-20052003Area 172,779Tons17%Area 3276,208 Tons55%2005Area 189,656 Tons18%Area 2 132,596Tons 27%Area 3243,180 TonsArea 1 58%Area 2Area 32004Area 2105,763 Tons25%Area 182,964Tons18%Area 3264,844 Tons56%Area 2122,839 Tons26%

Bangkok Airport Outbound Air CargoAccumulated FiguresFrom January-DecemberArea 12003South America,511,404 Kg.2005CANADA,3,540,872 Kg.4%South America,6,052,560 Kg.7%Others,2,106,382 Kg.2%USACANADASouth AmericaOthersCANADA,2,777,450 Kg.4%1%Others,2,700,229 Kg.4%USA,66,796,421 Kg.91%USA,77,960,328 Kg.87%CANADA,3,161,908 Kg.4%South America,2,855,654 Kg.3%2004Others,1,825,932 Kg.2%USA,75,123,099 Kg.91%

Bangkok Airport Outbound Air CargoAccumulated FiguresFrom January-DecemberArea 22003United Kingdom19%U.A.E.4%Sw itzerland5%Others17%Sw eden2%Spain2%Africa3%BelgiumAustria3%2%Saudi Arabia1%Oman0%C.I.S.0%France8%Netherlands12%Denmark2%Germany12%Italy6%Kuw ait2%United Kingdom 16%U.A.E. 5%Sw itzerland 4%Others 16%Sw eden 2%Spain 3%2004Saudi Arabia 1%AustriaBelgiumOthers AfricaC.I.S.2% 3% Denmark16% 4%1%United Kingdom2%16%France7%U.A.E.2005Germany5%Sw itzerlandItaly13%4%OmanKuw ait 5%0%2%NetherlandsSw eden SpainSaudi Arabia17%1% 2%1%Africa Austria Belgium C.I.S. Denmark FranceGermany Italy Kuw ait Netherlands Oman Saudi ArabiaSpain Sw eden Sw itzerland U.A.E. United Kingdom OthersAustria 2%Africa 3%Belgium 3%Germany 11%Italy 7%Kuw ait 2%Netherlands 15%Oman 0%C.I.S. 1%Denmark 2%France 8%

Bangkok Airport Outbound Air CargoAccumulated FiguresFrom January-DecemberArea 32004OthersAustralia2003South Korea3%Singapore13%Nepal0%Philippines1%Pakistan1% New Zealand0%Vietnam1%Sri Lanka1%Taiwan10%Others1%Myanma Malay sia1% 3%2005Bangladesh1%Australia3%Laos0%Japan27%Brunei0%Indonesia1%Cambodia0%China7%Hong Kong22%India3%Sri Lanka TaiwanAustralia BangladeshVietnamBrunei1% 10%3% 1%1%0% CambodiaSouth KoreaOthers0%China5%1%8%Singapore10%PakistanHong Kong22%1%PhilippinesNew Zealand1%India0% NepalLaosJapanMy anmaIndonesia3%0%Malay sia0%26%0%2%3%Australia Bangladesh Brunei Cambodia China Hong KongIndia Indonesia Japan Laos Malaysia MyanmaNepal New Zealand Pakistan Philippines Singapore South KoreaSri Lanka Taiwan Vietnam OthersBangladesh BruneiSri Lanka Taiwan 2% 4% 1% 0% CambodiaSouth Korea1%9% 0% China4%Vietnam7%Singapore2%10%Hong KongNepal21%0%PhilippinesIndia1%Pakistan3%1%IndonesiaNew Zealand Myanma Malay sia Laos Japan2%0% 0% 3% 0% 28%

King’s AnniversaryKing Bhumipol Adulyadaj longestreign anniversary on 60 th year.

Suvarnabhumi AirportTAFA and Airport Authorityhas signed and exchangedcontract for agents officebuilding on May 25 th , 2006.

Suvarnabhumi AirportThe new Bangkok International Airport “Suvarnabhumi” is legallyready for commercial use. The opening is yet to be set by thegovernment as official opening of the airport is expected to bepresided over by His Majesty the King. The main structuralworks had been completed and all the airport operation systemswere tested and rechecked jointly by the Department of Aviation(DOA) and the International Civil Aviation Organization (ICAO).Airport of Thailand Plc (AOT) has recently submitted the fullreport on the construction works and system testing result toDOA for the issuance of “Aerodrome Certificate” to certify thereadiness for commercial use.The DOA will soon inform all airlines and airports around theglobal and also send them official publication on relevantaviation information of Suvarnabhumi Airport for furthercoordination and operation preparation accordingly.

One policymaker likes to call 2005 the year of ``the perfect storm'' _ and he wasn't just referring to the tsunami.The human tragedy aside, the great wave that swamped Thailand's Andaman coast dealt a setback to an economythat had been ticking along quite nicely. It could even be argued that if the knock-on effect of the tsunami had not puta big dent in domestic demand, the local economy might have been able to take other challenges in its stride.Those challenges have been amply documented _ rising energy prices, intractable violence in the South, concernabout bird flu to name a few. Even the political stability that comes from a one-party majority government has takenits knocks, in the form of a recent campaign by media firebrand Sondhi Limthongkul, whousedtocountPrimeMinister Thaksin Shinawatra among his best buddies.Mr Thaksin's Thai Rak Thai government at the start of 2005 embarked on a second term with a goal to transform aneconomy that it claimed to have revived in its first term. It has built a respectable record in terms of laying afoundation for greater domestic demand. It also has a clear focus on how Thailand can stake its claim in the widerworld.A centrepiece of this strategy has been a push for bilateral free trade agreements but these have aroused heateddebate. Some critics say Thailand is proposing to give more than it gets _ a claim Mr Thaksin's advisers reject.In any case, the government faces a delicate balancing act as it tries to create the conditions for success.In the 2005 Year-End Economic Review, Bangkok Post writers examine the themes that have emerged over the past12 months and look ahead to developments that will have an impact on the country's progress in the years to come.