SUBMISSION LOXLEY PCL. AND SUBSIDIARIES FINANCIAL STATEMENTS

03 March 2003
Tor.2/2546 March 3, 2003 Subject Submission Loxley Public Company Limited's Financial Statements To President The Stock Exchange of Thailand Attachment One set of financial statement and consolidated financial statement for the year ended December 31, 2002 Loxley Public Company Limited ("the Company") would like to submit the Company's financial statement and consolidated financial statement for the year ended December 31, 2002. The operating result has summarized as follows: (unit : Baht Million) Consolidated The Company 2002 2001 2002 2001 Income from ordinary activities 492.85 (292.06) 520.49 (252.86) Extraordinary items 1,397.63 2,930.31 1,279.85 2,930.31 Net income 1,890.48 2,638.25 1,800.34 2,677.45 The Company has an operating result changed more than 20% compared to the same period at previous year caused by the following detail: Increase in gain on redemption of bonds Baht 1,279.85 million Decrease in gain from debt restructuring Baht (2,812.53) million Increase in gain on exchange rates Baht 256.62 million Decrease in interest expense Baht 286.37 million Please be notified accordingly. Sincerely yours, Loxley Public Company Limited (Mrs. Suganya Veerakiatkij) Senior Vice Peresident Accounting Department