SET Announcements

Tor. 17/2542 May 17, 1999 Subject:Submission Loxley Public Company Limited's Financial Statement Dear President The Stock Exchange of Thailand Attachment: - Financial statement and consolidated financial statement as at March 31, 1999 Loxley Public Company Limited ("the Company") announces its financial statement and consolidated financial statement for the three months period ended March 31, 1999. The summary is as following: Financial Statement for the 3-month period ended March 31, 1999 (Baht million) Unconsolidated 1999 1998 % Changed Revenue 686.32 1,365.99 (49.76%) Net Profit/(Loss) (156.76) 1,295.45 (112.10%) Consolidated Revenue 1,901.08 2,681.57 (29.11%) Net Profit/(Loss) (142.73) 1,296.52 (111.01%) The Company has a net result changed more than 20% compared with the previous period last year caused by the loss from the exchange rate amount of Baht 1,472.90 million. Sincerely yours, Loxley Public Company Limited (Ms. Suganya Veerakiatkij) Senoir Vice President Account & Budgeting Department