REPORT ON THE RESULTS COMPANY SHARE OFFERING

Our Ref : ST/2000/0492 November 6, 2000 Subject : Report on the Results of Company Share Offering Attention : The President The Stock Exchange of Thailand Attachment : Form for Reports The Results of a Share Offering (F53-5) We, Sino-Thai Engineering & Construction Public Company Limited has already increased our capital by offering common shares for sale and allotting capital increase shares in order to be in line with the Business Rehabilitation Plan. Thus, the Company hereby would like to report the result of Company Share Offering. The details are clarified in the attachment. Please be advised accordingly. Yours sincerely, ( Mr. Anutin Charnvirakul ) President (F53-5) Form For Reports The Results of a Share Offering Sino-Thai Engineering & Construction Public Company Limited Date November 6, 2000 1. Information relating to the share offering Class of shares offered common share Number of share offered 55,000,000 shares Offered to Major Shareholder 5,000,000 shares price per share Baht 20 Offered to Groups 1 and 3 Creditors 50,000,000 shares price per share Baht 70 under the Rehabilitation Plan Subscription and payment period November 1,2000 2. Results of the share sale Totally sold 3. Detail of the sale Thai investors Foreign investors JuristicNatural JuristicNatural Total Persons persons persons persons Number of persons 11 1 6 - 18 Number of share 20,980,337 5,000,000 29,019,663 - 55,000,000 subscribed Percentage of total shares 38.15 9.09 52.76 - 100.00 offered for sale 4. Amount of money received from the share sale 1. Major Shareholder Baht 100,000,000 2. Groups 1 and 3 Creditors Baht 3,500,000,000 under the Rehabilitation Plan (Groups 1 and 3 Creditors have agreed to convert their debts of Baht 3,500,000,000 to 50,000,000 shares) Total amount Baht 3,600,000,000 The Company certifies that the information provided above is correct and accurate in all respects. Signature Plan Administrator (Stecon Administration Co., Ltd.) Mr. Anutin Chanvirakul Director