SET Announcements

Tor.35/1998 November 30, 1998 Re: Interim Financial Statement For 3Q Dear President The Stock Exchange of Thailand Ref: -Interim Financial Statements for the three-month and nine-month periods ended September 30,1998 Loxley Public Company Limited ("Company") would like to report on an audited of the Company and Subsidiaries' financial statements for the three-month and nine-month periods ended September 30, 1998. The summary is as following: Financial for Q3 Ended September 30,1998 (Million Baht) Three-month Nine-month The Company Revenue 981.64 1,428.92 (31.30) 3,453.13 4,388.91 (21.32) Net Income 521.32 (1,874.74) 127.81 1,292.79 (1,666.18) 177.59 Consolidated Revenue 2,160.12 3,041.53 (28.98) 6,982.02 8,648.37 (19.27) Net Income 500.19 (1,856.79) 126.94 1,258.23 (1,662.01) 175.71 The Company has net income amounted to Bt1,258.23m, a twenty per cent greater than the same period last year,due to the gain on exchange rate amounted Bt2,849.5m,an increased on the consolidated income amount to Bt91.55m, a decreased on dividend income amount to Bt24.5m, and a decrease in sales of products and services amounted to Bt1,570.51m. The gain on exchange rate and decrease in sales of a product services resulted by the fluctuation of Baht currency and economic downturn respectively. Sincerely yours, Loxley Public Company Limited (Ms.Suganya Veerakiatkij) Senior Vice President Accounting & Budgeting Dept.