Avacom expects improvement in final results 2008

Pursuant to the provisions of the CSE and SEC Regulations and in order to fully inform the shareholders and the investing public in general, the Board of Directors of Avacom Public Company Limited announces that the results for the year ended December 31, 2008 are expected to show improvement compared to the corresponding results of 2007. This improvement is attributable to the revaluation of the Company’s assets.