SET Announcements

Tor. 2/2542 January 27, 1999 Re: Report on the new appointed directors Dear President The Stock Exchange of Thailand Reference is made to the report of the Loxley Public Company Limited, the "Company,"" on the resignation of Mr. Manas Isarabhakdi, Mrs. Puangkeo Pojapanich, Mr. Pujapong Phisanbut, Lt. Suchi Baholyodhin, and Mr. Sawai Yakardkanong from the director positon.The Company's board of directos meeting No.1/2542 dated January 27, 1999 has approved the appointment of the folloowing directors: 1. Mr. Chusak Direkwattanachai 2. Mr. Suraphand Bhasitnirandr 3. Mr. Trichakr Tansuphasiri 4. Mr. Chitchai Nantapat Effective from February 1, 1999 onwards. Sincerely yours, Loxley Public Company Limited (Ms.Suganya Veerakiatkij) Senior Vice President Accounting & Budgeting Dept.