REPORTS ON THE CONVERTIBLE BONDS DUE 2001
16 March 1998
Loxley Public Company Limited ("the Company") would like to report on
the conversion of US$105,000,000 2.5% Convertible Bonds due 2001,
convertible into shares of the Company from, and including, 4th July,
1996 up to, and including, 4th March, 2001. Bondholders may submit a
Conversion Notice at any time during the conversion period but the
conversion date for any Conversion Notice submitted during the calendar
month will be the last business day in Bangkok of that calendar month.
Please be advised that the Company have not had any conversions for
the above bonds for the month of February 1998.