19 May 1997

REPORTS SUMMARY OF REVIEWWED FINANCIAL STATEMENT

Sino-Thai Engineering & Construction Plc (STECON)reported summary of reviewed quarterly financial statements as follows: (in thousands) Ending March 31, 1rd quarter 1997 1996 STECON/STECON and subsidiaries Net peofit (loss) 90,351 81,688 EPS (Baht) 3.01 2.72 Comment: Please verify details in financial statements, auditor's report, and remarks from R-SIMS.