STECON'S NEW LISTED SECURIITES AND STECON-P REVOCATION

LISTED SECURITIES GRANTED BY THE SET AND STECON-P REMOVED FROM THE SET'S TRADING SYSTEM Starting from October 28, 2003, the Stock Exchange of Thailand (SET) allows the securities of SINO-THAI ENGINEERING AND CONSTRUCTION PUBLIC CO.,LTD. (STECON) to be traded on the SET after finishing its capital increase procedures. Name : STECON Paid up Capital Old : 1,001,129,150 Baht (961,129,150 common shares /40,000,000 preferred shares) New : 1,008,168,150 Baht (1,008,168,150 common shares) Par Value : 1 Baht/share Allocated to : Preferred share holders of 40,000,000 shares to subscribe 40,000,000 common shares Warrant holders of 7,039,000 units to subscribe 7,039,000 common shares Exercise Ratio Preferred share : 1 preferred share to 1 common share Warrant : 1 warrant to 1 common share Exercise Price Per Share : Preferred share : 0 Baht Warrant : 1 Baht Exercise date : Preferred share : September 19, 2003 Warrant : September 30,2003 The conversion of 40,000,000 preferred shares to common shares as mentioned above reduces the number of preferred share to be equivalent to zero. As a result, the SET determines to remove STECON-P from the SET's trading system effective from October 28,2003 Steconee.txt