REPORT ON COMPANY BUSINESS REHABILITATION TERMINATED

Our Ref : ST/2000/0525 December 18, 2000 Subject : Report on Company Business Rehabilitation terminated Attention : The President The Stock Exchange of Thailand References : 1) ST/2000/0410 dated September 5, 2000, Subject: Approval of Business Rehabilitation Plan of Sino-Thai Engineering & Construction Plc. 2) ST/2000/0522 dated December 12, 2000, Subject: Report Summary of STECON Business Reorganization Plan Attachment : The Court order for Company Rehabilitation terminated As the Central Bankruptcy Court granted the order for approval of Company Business Rehabilitation Plan on September 4, 2000, currently, the company has finished the Business Reorganization Steps according to the plan. Thus, the Court grants the order for Company Rehabilitation terminated on December 15, 2000 as per attachment. Please be advised accordingly. Yours sincerely, ( Mr. Woraphant Chonthong ) Senior Vice President Finance and Account