REPORT ON THE CONVERSION OF US$105,000,000 2.5ะ
15 February 1999
Tor.5/2542 February 12, 1999
RE : Report on the conversionof US$105,000,000 2.5%
Convertible Bonds due 2001
Dear President
The Stock Exchange of Thailand
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 January 1999.
Sincerely Yours,
Loxley Public Company Limited
(Ms. Suganya Veerakiatkij)
Senior Vice President
Accounting & Budgeting Dept.
OPT 1.50!B !CNn