SET Announcements

Tor. 24/2542 August 16, 1999 Subject:Submission Loxley Public Company Limited's Financial Statement Dear President The Stock Exchange of Thailand Attachment: - A copied of the financial statement and consolidated financial statement as at June 30, 1999 Loxley Public Company Limited ("the Company") announces its audited financial statement and consolidated financial statement for the three months and six months period ended June 30, 1999. The summary is as following: Financial Statement for the 6-month period ended June 30, 1999 (Baht million) Q2 6-month period Unconsolidated 1999 1998 % 1999 1998 % Changed Changed Revenue 937.46 1,105.5 (15.20) 1,623.78 2,471.49 (34.30) Net Profit/(Loss) 197.24 (523.97) 137.64 40.48 771.48 (94.75) Consolidated 1999 1998 % 1999 1998 % Changed Changed Revenue 2,132.08 2,140.33 (0.39) 4,033.16 4,821.90 (16.36) Net Profit/(Loss) 189.59 (538.48) 135.21 46.85 758.04 (93.82) 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 719.79 million. Sincerely yours, Loxley Public Company Limited (Ms. Suganya Veerakiatkij) Senoir Vice President Account & Budgeting Department