LARIFIES FOR Q3/1997 RESULT

Phatra Leasing Plc (PL) clarified for Q3/1997 business result ended Jun 30, 1997 as follows: 1.Interest payable increased because the company changed borrowing scheme from partial demand loan to due loan to stabilise its financial status. 2.Other revenues lowered as the company changed hedge preventing risk of exchange rate rom basket to swap. 3.Income from long-term leasing lessened as no contract was created.