REPORT ON THE CONVERSION OF US$100,000,000
16 April 1999
Tor.11/2542 April 12, 1999
RE : Report on the conversion of US$100,000,000 3.5%
Convertible Bonds due 2005
Dear President
The Stock Exchange of Thailand
Loxley Public Company Limited ("the Company") would like to
report on the conversion of US$100,000,000 3.5% Convertible Bonds
due 2005, convertible into shares of the Company from, and
including, 20th July, 1995 up to, and including, 20th March, 2005.
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 March 1999.
Sincerely Yours,
Loxley Public Company Limited
(Ms. Suganya Veerakiatkij)
Senior Vice President
Accounting & Budgeting Dept.