DEBT RESTRUCTURING

Our Ref : ST./1999/1057 8 November 1999 Subject : Debt Restructuring Attention : President The Stock Exchange of Thailand According to Krungthep Turakij Newspaper, November 8, 1999 referring to the companys debt restructuring, the company would like to clarify as follows : From our letter to the SET , November 4,1999 , ref no ST/1999/1053, the company would like to add the detail as follows : - Swap debt to equity ~ 30% - Pledged by assets ~ 1,180 million baht - CD Tranche ~ 350 million baht - Serviceable tranche ~ 1,700 5929a27 The company has press conference on 9 November 1999, 1.00 a.m., Amarin 1 room, Grand hyat erawan 0pleaase be advice accoringly to invesetors and public Truly Yours ( Mr.Teerapong Wichiranon)