SET Announcements

Tor.2/2547 March 1, 2004 Subject: Submission Loxley Public Company Limited's Financial Statements To: President The Stock Exchange Of Thailand Attachment: 1 Copy of the Company's financial statement and Consolidated financial statement for the year ended December 31, 2003 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, 2003. The operating result has summarized as follows: (Unit : Baht Million) Consolidated The Company 2003 2002 2003 2002 Net profit from ordinary activities 542.64 492.85 534.19 520.49 Extraordinary items - 1,397.63 - 1,279.85 Net profit 542.64 1,890.48 534.19 1,800.34 The Company has net income changed more than 20% according to the gain on redemption of bonds in the amount of Baht 1,279.85 million. Excluding these extraordinary items, net profit from ordinary activities in Year 2003 has improved than Year 2002. Please be notified accordingly. Sincerely yours, Loxley Public Company Limited (Mrs. Suganya Veerakiatkij) Senior Vice President Accounting Department