April 29, 2014
				
			
SECURITIES  EXCHANGE 
COMMISSION
450 Fifth Street, NW
Washington, DC 20549		
			
Attn. Document Control 	
			

			
RE	American Depositary 
Shares evidenced by the 
American Depositary 
Receipts of 
Bangkok Dusit Medical 
Service Public 
Company 
Limited 
Form F6 File No 
333185291
				

Ladies and Gentlemen

Pursuant to Rule 424b3 under 
the Securities Act of 1933, as 
amended, on behalf of The 
Bank of New York Mellon, as 
Depositary for securities against 
which American Depositary 
Receipts ADRs are to be issued, 
we attach a copy of the new 
prospectus Prospectus reflecting 
the change in ratio from 1 ADS  
4 Foreign Shares to 1 ADS  40 
Foreign Shares.
As required by Rule 424e, the 
upper right hand corner of the 
Prospectus cover page has a 
reference to Rule 424b3 and to 
the file number of the 
registration statement to which 
the Prospectus relates.

Pursuant to Section III B of the 
General Instructions to the Form 
F6 Registration Statement, the 
Prospectus consists of the ADR 
certificate with the revised ratio.   
The Prospectus has been revised 
to reflect the new ratio as 
follows
One 1 American Depositary 
Share represents Forty 40 
Shares.

Please contact me with any 
questions or comments at 212 
8152301.


Paul Brophy
Senior Associate
The Bank of New York Mellon  
ADR Division 
 

Encl.
CC Paul Dudek, Esq. Office of 
International Corporate Finance







Depositary Receipts



(null)
File 333185291         
Rule 424 b3


AMERICAN DEPOSITARY 
SHARES
One 1 American Depositary Share 
represents 
Forty 40 Shares

THE BANK OF NEW YORK 
MELLON
AMERICAN DEPOSITARY 
RECEIPT
FOR FOREIGN SHARES OF
BANGKOK DUSIT MEDICAL 
SERVICE PUBLIC COMPANY 
LIMITED
INCORPORATED UNDER THE 
LAWS OF THAILAND
       The Bank of New York Mellon, 
as depositary hereinafter called the 
Depositary, hereby certifies i that there 
have been deposited with the Depositary 
or its agent, nominee, custodian, 
clearing agency or correspondent, the 
securities described above Shares or 
evidence of the right to receive such 
Shares, ii that at the date hereof each 
American Depositary Share evidenced 
by this Receipt represents the amount of 
Shares shown above, and that 

or registered assigns IS THE OWNER 
OF  AMERICAN DEPOSITARY 
SHARES
hereby evidenced and called, and except 
as otherwise herein expressly provided, 
is entitled upon surrender at the 
Corporate Trust Office of the 
Depositary, New York, New York of 
this Receipt duly endorsed for transfer 
and upon payment of the charges as 
provided on the reverse of this Receipt 
and in compliance with applicable laws 
or governmental regulations, at Owners 
option 1 to delivery at the office of the 
agent, nominee, custodian, clearing 
agency or correspondent of the 
Depositary, to a person specified by 
Owner, of the amount of Deposited 
Securities represented hereby or 
evidence of the right to receive the same 
or 2 to have such Deposited Securities 
forwarded at his cost and risk to him at 
the Corporate Trust Office of the 
Depositary.  The words Deposited 
Securities wherever used in this Receipt 
shall mean the Shares deposited under 
the agreement created by the Receipts as 
hereinafter defined including such 
evidence of the right to receive the 
same, and any and all other securities, 
cash and other property held by the 
Depositary in place thereof or in 
addition thereto as provided herein.  The 
word Owner wherever used in this 
Receipt shall mean the name in which 
this Receipt is registered upon the books 
of the Depositary from time to time.  
The Depositarys Corporate Trust Office 
is located at a different address than its 
principal executive office. Its Corporate 
Trust Office is located at 101 Barclay 
Street, New York, New York 10286, 
and its principal executive office is 
located at One Wall Street, New York, 
New York 10286.


1.	RECEIPTS.
	This American 
Depositary Receipt this Receipt is one 
of a continuing issue of American 
Depositary Receipts collectively, the 
Receipts, all evidencing rights of like 
tenor with respect to the Deposited 
Securities, and all issued or to be issued 
upon the terms and subject to the 
conditions herein provided, which shall 
govern the continuing arrangement by 
the Depositary with respect to initial 
deposits as well as the rights of holders 
and Owners of Receipts subsequent to 
such deposits.
	The issuer of the 
Receipts is deemed to be the legal entity 
resulting from the agreement herein 
provided for.
	The issuance of Receipts 
against deposits generally may be 
suspended, or the issuance of Receipts 
against the deposit of particular Shares 
may be withheld, if such action is 
deemed necessary or advisable by the 
Depositary at any time and from time to 
time because of any requirements of any 
government or governmental body or 
commission or for any other reason.  
The Depositary assumes no liability 
with respect to the validity or worth of 
the Deposited Securities.
2.	TRANSFER OF 
RECEIPTS.
	Until the surrender of 
this Receipt in accordance with the 
terms hereof, the Depositary will 
maintain an office in the Borough of 
Manhattan, The City of New York, for 
the registration of Receipts and transfers 
of Receipts where the Owners of the 
Receipts may, during regular business 
hours, inspect the transfer books 
maintained by the Depositary that list 
the Owners of the Receipts.  The 
transfer of this Receipt is registrable on 
the books of the Depositary at its 
Corporate Trust Office by the holder 
hereof in person or by duly authorized 
attorney, upon surrender of this Receipt 
properly endorsed for transfer or 
accompanied by proper instruments of 
transfer and funds sufficient to pay any 
applicable transfer taxes, and the fees 
and expenses of the Depositary and 
upon compliance with such regulations, 
if any, as the Depositary may establish 
for such purpose.  This Receipt may be 
split into other such Receipts, or may be 
combined with other such Receipts into 
one Receipt, representing the same 
aggregate number of American 
Depositary Shares as the Receipt or 
Receipts surrendered.  Upon such split 
or combination not involving a transfer, 
a charge will be made as provided 
herein.  The Depositary may close the 
transfer books at any time or from time 
to time when deemed expedient by it in 
connection with the performance of its 
duties hereunder.
3.	PROOF OF 
CITIZENSHIP OR RESIDENCE.
	The Depositary may 
require any holder or Owner of 
Receipts, or any person presenting 
securities for deposit against the 
issuance of Receipts, from time to time, 
to file such proof of citizenship or 
residence and to furnish such other 
information, by affidavit or otherwise, 
and to execute such certificates and 
other instruments as may be necessary 
or proper to comply with any laws or 
regulations relating to the issuance or 
transfer of Receipts, the receipt or 
distribution of dividends or other 
property, or the taxation thereof or of 
receipts or deposited securities, and the 
Depositary may withhold the issuance or 
registration of transfer of any Receipt or 
payment of such dividends or delivery 
of such property from any holder, 
Owner or other person, as the case may 
be, who shall fail to file such proofs, 
certificates or other instruments.
4.	TRANSFERABILITY 
RECORDOWNERSHIP.
	It is a condition of this 
Receipt and every successive holder and 
Owner of this Receipt by accepting or 
holding the same consents and agrees, 
that title to this Receipt, when properly 
endorsed or accompanied by proper 
instruments of transfer, is transferable 
by delivery with the same effect as in 
the case of a negotiable instrument 
provided, however, that prior to the due 
presentation of this Receipt for 
registration of transfer as above 
provided, and subject to the provisions 
of Article 9 below, the Depositary, 
notwithstanding any notice to the 
contrary, may treat the person in whose 
name this Receipt is registered on the 
books of the Depositary as the absolute 
owner hereof for the purpose of 
determining the person entitled to 
distribution of dividends and for any 
other purpose. 
5.	TAX LIABILITY.
	The Depositary shall not 
be liable for any taxes or governmental 
or other assessments or charges that may 
become payable in respect of the 
Deposited Securities, but a ratable part 
of any and all of the same, whether such 
tax, assessment or charge becomes 
payable by reason of any present or 
future law, statute, charter provision, 
bylaw, regulation or otherwise, shall be 
payable by the Owner hereof to the 
Depositary at any time on request.  
Upon the failure of the holder or Owner 
of this Receipt to pay any such amount, 
the Depositary may sell for account of 
such Owner an amount of the Deposited 
Securities equal to all or any part of the 
amount represented by this Receipt, and 
may apply the proceeds in payment of 
such obligations, the Owner hereof 
remaining liable for any deficiency.
6.	REPRESENTATIONS 
AND WARRANTIES.
	Every person presenting 
Shares for deposit shall be deemed 
thereby to represent and warrant that 
such Shares and each certificate, if any, 
therefor are validly issued, fully paid 
and nonassessable, that such Shares 
were not issued in violation of any 
preemptive or similar rights of the 
holders of any securities and that the 
person making such deposit is duly 
authorized so to do.  Every such person 
shall also be deemed to represent that 
the deposit of such securities and the 
sale of American Depositary Shares 
representing such Shares by that person 
in the United States are not restricted 
under the Securities Act of 1933, as 
amended the Securities Act of 1933.  
Such representations and warranties 
shall survive the deposit of such 
securities and issuance of Receipts.
	This Receipt is issued 
subject, and all rights of the holder or 
Owner hereof are expressly subject, to 
the terms and conditions set forth on 
both sides of this Receipt, all of which 
form a part of the agreement evidenced 
in this Receipt and to all of which the 
holder or Owner hereof by accepting 
this Receipt consents.
7.	REPORTS OF ISSUER 
OF DEPOSITED SECURITIES 
VOTING RIGHTS.
	As of the date of the 
establishment of the program for 
issuance of Receipts by the Depositary, 
the Depositary believed, based on 
limited investigation, that the issuer of 
the Deposited Securities either i 
furnished the Securities and Exchange 
Commission the Commission with 
certain public reports and documents 
required by foreign law or otherwise or 
ii published information in English on 
its Internet website at 
http//www.bangkokhospital.com or 
another electronic information delivery 
system generally available to the public 
in its primary trading market, in either 
case in compliance with Rule 12g32b 
under the Securities and Exchange Act 
of 1934 as in effect and applicable to 
that issuer at that time.  However, the 
Depositary does not assume any duty to 
determine if the issuer of the Deposited 
Securities is complying with the current 
requirements of Rule 12g32b or to take 
any action if that issuer is not complying 
with those requirements.
	The Depositary shall be 
under no obligation to give notice to the 
holder or Owner of this Receipt of any 
meeting of shareholders or of any report 
of or communication from the issuer of 
the Deposited Securities, or of any other 
matter concerning the affairs of such 
issuer, except as herein expressly 
provided.  The Depositary undertakes to 
make available for inspection by holders 
and Owners of the Receipts at its 
Corporate Trust Office, any reports and 
communication received from the issuer 
of the Deposited Securities that are both 
i received by the Depositary as the 
holder of the Deposited Securities and ii 
made generally available to the holders 
of the Deposited Securities by the issuer 
thereof.  Such reports and 
communications will be available in the 
language in which they were received 
by the Depositary from the issuer of the 
Deposited Securities, except to the 
extent, if any, that the Depositary in its 
sole discretion elects to both i translate 
into English any of such reports or 
communications that were not in 
English when received by the 
Depositary and ii make such 
translations, if any, available for 
inspection by holders and Owners of the 
Receipts.  The Depositary has no 
obligation of any kind to translate any of 
such reports or communications or to 
make such translation, if any, available 
for such inspection.
	The Depositary may, in 
its discretion, exercise, in any manner, 
or not exercise, any and all voting rights 
that may exist in respect of the 
Deposited Securities.  The Depositary 
may, but assumes no obligation to, 
notify Owners of an upcoming meeting 
of holders of Deposited Securities or 
solicit instructions from Owners as to 
the exercise of any voting rights with 
respect to the Deposited Securities. 
Upon the written request of the Owner 
of this Receipt and payment to it of any 
expense involved, the Depositary may, 
in its sole discretion, but assumes no 
obligation to, exercise any voting rights 
with respect to the amount of the 
Deposited Securities represented by the 
American Depositary Shares evidenced 
by this Receipt in accordance with that 
request.
8.	DISTRIBUTIONS.
	Until the surrender of 
this Receipt, the Depositary a shall 
distribute or otherwise make available to 
the Owner hereof, at a time and in such 
manner as it shall determine, any 
distributions of cash, Shares or other 
securities or property other than 
subscription or other rights and b may 
distribute or otherwise make available to 
the Owner hereof, at a time and in such 
manner as it shall determine, any 
distributions of subscription or other 
rights, in each case received with respect 
to the amount of Deposited Securities 
represented hereby, after deduction, or 
upon payment of the fees and expenses 
of the Depositary described in Article 13 
below, and the withholding of any taxes 
in respect thereof provided, however, 
that the Depositary shall not make any 
distribution for which it has not received 
satisfactory assurances, which may be 
an opinion of United States counsel, that 
the distribution is registered under, or is 
exempt from or not subject to the 
registration requirements of, the 
Securities Act of 1933 or any other 
applicable law.  If the Depositary is not 
obligated, under the preceding sentence, 
to distribute or make available a 
distribution under the preceding 
sentence, the Depositary may sell such 
Shares, other securities, subscription or 
other rights, securities or other property, 
and the Depositary shall distribute the 
net proceeds of a sale of that kind to the 
Owners entitled to them, after deduction 
or upon payment of the fees and 
expenses of the Depositary described in 
Article 13 below and the withholding of 
any taxes in respect thereof.  In lieu of 
distributing fractional American 
Depositary Shares for distributed Shares 
or other fractional securities, the 
Depositary may, in its discretion, sell 
the amount of securities or property 
equal to the aggregate of those fractions.  
In the case of subscription or other 
rights, the Depositary may, in its 
discretion, issue warrants for such 
subscription or other rights and/or seek 
instructions from the Owner of this 
Receipt as to the disposition to be made 
of such subscription or other rights.  If 
the Depositary does not distribute or 
make available to Owners or sell 
distributed subscription or other rights, 
the Depositary shall allow those rights 
to lapse.  Sales of subscription or other 
rights, securities or other property by the 
Depositary shall be made at such time 
and in such manner as the Depositary 
may deem advisable.
	If the Depositary shall 
find in its opinion that any cash 
distribution is not convertible in its 
entirety or with respect to the Owners of 
a portion of the Receipts, on a 
reasonable basis into U.S. Dollars 
available to it in the City of New York, 
or if any required approval or license of 
any government or agency for such 
conversion is denied or is not obtainable 
within a reasonable period, the 
Depositary may in its discretion make 
such conversion and distribution in U.S. 
Dollars to the extent possible, at such 
time and rates of conversion as the 
Depositary shall deem appropriate, to 
the Owners entitled thereto and shall 
with respect to any such currency not 
converted or convertible either 
i distribute such foreign currency to the 
holders entitled thereto or ii hold such 
currency for the respective accounts of 
such Owners uninvested and without 
liability for interest thereon, in which 
case the Depositary may distribute 
appropriate warrants or other 
instruments evidencing rights to receive 
such foreign currency.
9.	RECORD DATES 
ESTABLISHED BY DEPOSITARY.
	Whenever any cash 
dividend or other cash distribution shall 
become payable or any distribution 
other than cash shall be made, or 
whenever rights shall be offered, with 
respect to Deposited Securities, or 
whenever the Depositary shall receive 
notice of any meeting of Owners of 
Deposited Securities, or whenever it is 
necessary or desirable to determine the 
Owners of Receipts, the Depositary will 
fix a record date for the determination of 
the Owners generally or the Owners of 
Receipts who shall be entitled to receive 
such dividend, distribution or rights, or 
the net proceeds of the sale thereof, to 
give instructions for the exercise of 
voting rights at any such meeting or 
responsible for any other purpose for 
which the record date was set.  
10.	CHANGES 
AFFECTING DEPOSITED 
SECURITIES.
	Upon i any change in 
nominal value or any subdivision, 
combination or any other 
reclassification of the Deposited 
Securities, or ii any recapitalization, 
reorganization, sale of assets 
substantially as an entirety, merger or 
consolidation affecting the issuer of the 
Deposited Securities or to which it is a 
party, or iii the redemption by the issuer 
of the Deposited Securities at any time 
of any or all of such Deposited 
Securities provided the same are subject 
to redemption, then and in any such case 
the Depositary shall have the right to 
exchange or surrender such Deposited 
Securities and accept and hold 
hereunder in lieu thereof  other shares, 
securities, cash or property to be issued 
or delivered in lieu of or in exchange 
for, or distributed or paid with respect 
to, such Deposited Securities.  Upon any 
such exchange or surrender, the 
Depositary shall have the right, in its 
discretion, to call for surrender of this 
Receipt in exchange upon payment of 
fees and expenses of the Depositary for 
one or more new Receipts of the same 
form and tenor as this Receipt, but 
describing the substituted Deposited 
Securities.  In any such case the 
Depositary shall have the right to fix a 
date after which this Receipt shall only 
entitle the Owner to receive such new 
Receipt or Receipts.  The Depositary 
shall mail notice of any redemption of 
Deposited Securities to the Owners of 
Receipts, provided that in the case of 
any redemption of less than all of the 
Deposited Securities, the Depositary 
shall select in such manner as it shall 
determine an equivalent number of 
American Depositary Shares to be 
redeemed and shall mail notice of 
redemption only to the Owners of 
Receipts evidencing those American 
Depositary Shares.  The sole right of the 
Owners of Receipts evidencing 
American Depositary Shares designated 
for redemption after the mailing of such 
notice of redemption shall be to receive 
the cash, rights and other property 
applicable to the same, upon surrender 
to the Depositary and upon payment of 
its fees and expenses of the Receipts 
evidencing such American Depositary 
Shares.
11.	LIABILITY OF 
DEPOSITARY.
       The Depositary shall not incur 
any liability to any holder or Owner of 
this Receipt i if by reason of any 
provisions of any present or future law 
of the United States of America, any 
state thereof, or of any other country, or 
of any governmental or regulatory 
authority, or by reason of any provision, 
present or future, of the charter or 
articles of association or similar 
governing document of the issuer or of 
the Deposited Securities, the Depositary 
shall be prevented, delayed or forbidden 
from or subjected to any civil or 
criminal penalty or extraordinary 
expenses on account of doing or 
performing any act or thing which by 
the terms hereof it is provided shall be 
done or performed, ii by reason of any 
nonperformance or delay, caused as 
specified in clause i above, in the 
performance of any act or thing which 
by the terms of this Receipt it is 
provided shall or may be done or 
performed, iii by reason of any exercise 
of, or failure to exercise, any discretion 
provided for herein, iv for the inability 
of any Owner or holder to benefit from 
any distribution, offering, right or other 
benefit which is made available to 
holders of Deposited Securities but is 
not made available to Owners or 
holders, v for any special, consequential 
or punitive damages for any breach of 
the terms of this Receipt or vi arising 
out of any act of God, terrorism or war 
or any other circumstances beyond its 
control.
       The Depositary shall not be 
responsible for any failure to carry out 
any requests to vote any Deposited 
Securities or for the manner or effect of 
any vote that is cast either with or 
without the request of any Owner, or for 
not exercising any right to vote any 
Deposited Securities.
       The Depositary does not assume 
any obligation and shall not be subject 
to any liability to holders or Owners 
hereunder other than agreeing to act 
without negligence or bad faith in the 
performance of such duties as are 
specifically set forth herein.
       The Depositary shall be under 
no obligation to appear in, prosecute or 
defend, any action, suit or other 
proceeding in respect of any of the 
Deposited Securities or in respect of the 
Receipts on behalf of Owners or holders 
or any other persons.  The Depositary 
shall not be liable for any action or 
nonaction by it in reliance upon the 
advice of or information from legal 
counsel, accountants or any other 
persons believed by it in good faith to be 
competent to give such advice or 
information.
       The Depositary, subject to 
Article 14 hereof, may itself become the 
owner of and deal in securities of any 
class of the issuer of the Deposited 
Securities and in Receipts of this issue.
12.	TERMINATION OF 
AGREEMENT AND SURRENDER 
OF THIS RECEIPT.
	The Depositary may at 
any time terminate the agreement 
evidenced by this Receipt and all other 
Receipts by mailing notice of such 
termination to the Owners of all 
Receipts then outstanding at their 
addresses appearing upon the books of 
the Depositary, at least thirty days prior 
to the date fixed in such notice for 
termination.  On and after such date of 
termination the Owner hereof, upon 
surrender of this Receipt at the 
Corporate Trust Office of the 
Depositary, will be entitled to delivery 
of the amount of the Deposited 
Securities represented hereby upon the 
same terms and conditions, and upon 
payment of a fee at the rates provided 
herein with respect to the surrender of 
this Receipt for Deposited Securities and 
on payment of applicable taxes and 
charges.  The Depositary may convert 
any dividends received by it in cash 
after the termination date into U.S. 
Dollars as herein provided, and after 
deducting therefrom the fees of the 
Depositary and referred to herein and 
any taxes and governmental charges and 
shall thereafter hold the balance of said 
dividends for the pro rata benefit of the 
Owners of the respective Receipts.  As 
to any Receipts not so surrendered 
within thirty days after such date of 
termination the Depositary shall 
thereafter have no obligation with 
respect to the collection or disbursement 
of any subsequent dividends or any 
subscriptions or other rights accruing on 
the Deposited Securities.  After the 
expiration of three months from such 
date of termination the Depositary may 
sell any remaining Deposited Securities 
in such manner as it may determine, and 
may thereafter hold uninvested the net 
proceeds of any such sale or sales 
together with any dividends received 
prior to such sale or the U.S. Dollars 
received on conversion thereof, 
unsegregated and without liability for 
any interest thereon, for the pro rata 
benefit of the Owners of the Receipts 
that have not theretofore been 
surrendered for cancellation, such 
Owners thereupon becoming general 
creditors of the Depositary with respect 
to such net proceeds.  After making such 
sale, or if no such sale can be made after 
the expiration of one year from such 
date of termination, the Depositary shall 
be discharged from all obligations 
whatsoever to the holders and Owners 
of the Receipts except to make 
distribution of the net proceeds of sale 
and of such dividends after deducting all 
fees, charges and expenses of the 
Depositary or of the Deposited 
Securities, in case no sale can be made, 
upon surrender of the Receipts.
13.	CERTAIN FEES AND 
CHARGES OF THE DEPOSITARY.
	The Depositary may charge any 
party depositing or withdrawing Shares, 
any party transferring or surrendering 
Receipts, any party to whom Receipts 
are issued including issuance pursuant to 
a stock dividend or stock split or an 
exchange of stock or distribution 
pursuant to Articles 8 or 10 or Owners, 
as applicable, i fees for the delivery or 
surrender of Receipts and deposit or 
withdrawal of Shares, ii fees for 
distributing cash, Shares or other 
property received in respect of 
Deposited Securities, iii taxes and other 
governmental charges, iv registration or 
custodial fees or charges relating to the 
Shares, v cable, telex and facsimile 
transmission expenses, vi foreign 
currency conversion expenses and fees, 
vii depositary servicing fees and viii any 
other fees or charges incurred by the 
Depositary or its agents in connection 
with the Receipt program.  The 
Depositarys fees and charges may differ 
from those of other depositaries.  The 
Depositary reserves the right to modify, 
reduce or increase its fees upon thirty 30 
days notice to the Owner hereof.  The 
Depositary will provide, without charge, 
a copy of its latest schedule of fees and 
charges to any party requesting it.
	The Depositary may 
charge fees for receiving deposits and 
issuing Receipts, for delivering 
Deposited Securities against surrendered 
Receipts, for transfer of Receipts, for 
splits or combinations of Receipts, for 
distribution of each cash or other 
distribution on Deposited Securities, for 
sales or exercise of rights, or for other 
services performed hereunder.  The 
Depositary reserves the right to modify, 
reduce or increase its fees upon thirty 30 
days notice to the Owner hereof.  The 
Depositary will provide, without charge, 
a copy of its latest fee schedule to any 
party requesting it.
14.	PRERELEASE OF 
RECEIPTS.
	Notwithstanding any 
other provision of this Receipt, the 
Depositary may execute and deliver 
Receipts prior to the receipt of Shares 
PreRelease. The Depositary may 
deliver Shares upon the receipt and 
cancellation of Receipts which have 
been PreReleased, whether or not such 
cancellation is prior to the termination 
of such PreRelease or the Depositary 
knows that such Receipt has been 
PreReleased.  The Depositary may 
receive Receipts in lieu of Shares in 
satisfaction of a PreRelease.  Each 
PreRelease will be a preceded or 
accompanied by a written representation 
from the person to whom Receipts or 
Shares are to be delivered that such 
person, or its customer, owns the Shares 
or Receipts to be remitted, as the case 
may be, b at all times fully collateralized 
with cash or such other collateral as the 
Depositary deems appropriate, 
c terminable by the Depositary on not 
more than five 5 business days notice, 
and d subject to such further indemnities 
and credit regulations as the Depositary 
deems appropriate.  The number of 
American Depositary Shares which are 
outstanding at any time as a result of 
PreReleases will not normally exceed 
thirty percent 30 of the Shares deposited 
with the Depositary provided, however, 
that the Depositary reserves the right to 
change or disregard such limit from time 
to time as it deems appropriate.
	The Depositary may 
retain for its own account any 
compensation received by it in 
connection with the foregoing.
15.	COMPLIANCE WITH 
U.S. SECURITIES LAWS.
	Notwithstanding any 
terms of this Receipt to the contrary, the 
Depositary will not exercise any rights it 
has under this Receipt to prevent the 
withdrawal or delivery of Deposited 
Securities in a manner which would 
violate the United States securities laws 
including, but not limited to, Section 
1A1 of the General Instructions to the 
Form F6 Registration Statement, as 
amended from time to time, under the 
Securities Act of 1933.
16.	GOVERNING LAW 
VENUE OF ACTIONS JURY TRIAL 
WAIVER.
	This Receipt shall be 
interpreted and all rights hereunder and 
provisions hereof shall be governed by 
the laws of the State of New York.
	All actions and 
proceedings brought by any Owner or 
holder of this Receipt against the 
Depositary arising out of or relating to 
the Shares or other Deposited Securities, 
the American Depositary Shares or the 
Receipts, or any transaction 
contemplated herein, shall be litigated 
only in courts located within the State of 
New York.
	EACH OWNER AND 
HOLDER HEREBY IRREVOCABLY 
WAIVES, TO THE FULLEST 
EXTENT PERMITTED BY 
APPLICABLE LAW, ANY RIGHT IT 
MAY HAVE TO A TRIAL BY JURY 
IN ANY SUIT, ACTION OR 
PROCEEDING AGAINST THE 
DEPOSITARY DIRECTLY OR 
INDIRECTLY ARISING OUT OF OR 
RELATING TO THE SHARES OR 
OTHER DEPOSITED SECURITIES, 
THE AMERICAN DEPOSITARY 
SHARES OR THE RECEIPTS, OR 
ANY TRANSACTION 
CONTEMPLATED HEREIN, OR THE 
BREACH HEREOF, INCLUDING 
WITHOUT LIMITATION, ANY 
QUESTION REGARDING 
EXISTENCE, VALIDITY OR 
TERMINATION WHETHER BASED 
ON CONTRACT, TORT OR ANY 
OTHER THEORY.
17.	AMENDMENT OF 
RECEIPTS.    
       The form of the Receipts and 
the agreement created thereby may at 
any time and from time to time be 
amended by the Depositary in any 
respect which it may deem necessary or 
desirable. Any amendment which shall 
prejudice any substantial existing right 
of Owners shall not become effective as 
to outstanding Receipts until the 
expiration of thirty 30 days after notice 
of such amendment shall have been 
given to the Owners of outstanding 
Receipts provided, however, that such 
thirty 30 days notice shall in no event be 
required with respect to any amendment 
which shall impose or increase any taxes 
or other governmental charges, 
registration fees, cable, telex or 
facsimile transmission costs, delivery 
costs or other such expenses. Every 
Owner and holder of a Receipt at the 
time any amendment so becomes 
effective shall be deemed, by continuing 
to hold such Receipt, to consent and 
agree to such amendment and to be 
bound by the agreement created by 
Receipt as amended thereby. In no event 
shall any amendment impair the right of 
the Owner of any Receipt to surrender 
such Receipt and receive therefor the 
amount of Deposited Securities 
represented by the American Depositary 
Shares evidenced thereby, except in 
order to comply with mandatory 
provisions of applicable law.