THE SET ALLOWS TRADING & SP SECURITIES OF LISTED COMPANIES

The SET allows and suspends trading securities of listed companies The Stock Exchange of Thailand (SET) announced 6 listed companies may face possible of delisting and had posted and SP (Suspension) sign to prohibit securities trading of those listed companies since 6 March 2000. The SET has informed a time schedule for those listed companies' management to make prudent decision on whether to prepare a rehabilitation plan to propose to the company's shareholders, or to ask for a voluntary delisting, or to try another option which will benefit to all involved in the listed companies and report their decisions to the SET by 4 April 2000 to disclose to the public. After that, the SET will allow trading of those listed companies on 5 April 2000 - 4 May 2000 before suspension again on 8 May 2000 until all the delisting problems have been resolved, details on PUBLIC SIMS on 3 March 2000. The SET has considered companies' management decision submitted to the SET, and will proceed as follows; 1. Allows trading of 4 securities, which decide to prepare a rehabilition plan, under the REHABCO category from 5 April 2000 to 4 May 2000 to give shareholders a chance of trading the company's securities. (1) Srivara Real Estate Group Public Company Limited (S-VARA) (2) Bummrungrad Hospital Public Company Limited (BH) (3) Robinson Departmentstore Public Company Limited (ROBINS) (4) Nakornthai Strip Mill Public Company Limited.(NSM) Therefore, according to Clause 24 (3) and (6) of the regulation on trading, clearing and settlement for listed securities 1999, the ceiling and floor limits on the main board will be expanded from the regular +/-30% to +/-100% of their last trading. The new limits will be in effect on April 5, 2000. 2.Posts an SP sign to prohibit further trading of 4 securities, beginning from 8 May 2000 until the causes of delisting are eliminated. This is by virtue of Clause 5 (5) of the SET's rules, Conditions and Procedure of the Temporary Prohibition against Trading of Listed Securities dated on 9 February 1995. Those 4 Listed companies are required to proceed as follows: 1) Appoint an independent financial advisor to prepare a rehabilitation plan to solve the causes of delisting. 2) Prepare a rehabilitation plan to solve the causes of delisting according to Clause 30/4 of the Notification of the SET regarding the Rules Governing the Delisting of Securities. The companies must also appoint a financial advisor to jointly prepare a rehabilitation plan and propose to their shareholders within 4 months of the date of notice-received or by 5 July 2000. 3) 4 Listed companies and their advisors must report on the progress of the companies' operations, comparing the results of their operations to the rehabilitation plan every 3 months to the SET, until the causes of delisting have been eliminated. The SET would like to ask the companies shareholders and general investors to follow up the proposed rehabilitation plan prepared by those companies and their financial advisors which will be presented to their shareholders meetings. 3. Still post SP sign to prohibit securities trading on Sikarin Public Company Limited (SIKRIN) because the company has asked for an extension period to report its decision which is expected to be made by 28 April 2000. The SET will allow trading of its securites when it has reported the information clearly. 4. Sino-Thai Engineering and Construction Public Company Limited (STECON) has been preparing rehabilitation plan under the Bankruptcy Act., therefore the SET has retained a SP sign to prohibit securities trading in STECON further until its creditors and the court approve the rehabilitation plan and the company discloses detail of such information completely and clearly to the SET. Pc3/ne-del.txt