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

STECON reports audited annual financial statements as follows. SINO-THAI ENGINEERING & CONSTRUCTION PUBLIC CO., LTD. Audited Ending December 31, (In thousands) For year Year 1998 1997 Net profit (loss) 374,029 (2,763,726) EPS (baht) 12.47 (92.12) Comment : 1. Please see details in financial statements, auditor's report and remarks from SET Information Management System