45. The 5th Plaintiff claimed damages for an alleged reduction of the equity value of TPI itself due to the D/E conversion at a price of THB 5.5194 per share. The claim is calculated based on a decline in book value per share from THB 17.69 as of 31 December 1999 to the conversion price of THB 5.52 per share, or THB 12.17 per share, multiplying with total of shares to be converted of 5,899 million shares.