01 March 2000

AUDITED YEARLY F/S AND CONSOLIDATED F/S (F45-3)

STECON reports audited annual financial statements as follows. Sino-Thai Engineering & Construction PCL. Audited Ending December 31, (In thousands) For year Year 1999 1998 Net profit (loss) (1,080,610) 374,166 EPS (baht) (46.98) 16.27 Comment : 1. Please see details in financial statements, auditor's report and remarks from SET Information Management System