Bangkok, February 15, 2008 - The Cheval Group was pleased to welcome senior management from Schneider Electric to our Bangkok facility. The Schneider team, lead by Mr. Charles Rochester, have been meeting with strategic supply partners in Asia. The Cheval Group has been supporting Schneider Electric Thailand since 2000, primarily in the mechanical press parts division. The meeting was a get acquainted visit with additional discussion of future possible cooperation.

Standing from left to right

1.Mr. Chayathorn Sudhiko, Purchasing Manager, Schneider (Thailand) Limited.
2.Mr. Sylvain Gire, Industrial Operations Director, Schneider (Thailand) Limited.
3.Mr. Charles Rochester, Senior Vice President, Asia Pacific Operation Divisions,
         Industrial Operations, Schneider Eelctric (China) Investment Co., Ltd.
4.Mr. Steve Illenberger, Commercial Manager, Cheval Group of Comapnies
5.Mr. Roongroj Sae-Tia Product Manager, Cheval Group of Companies