FINANCIAL STATEMENTS (AS OF MARCH 31, 2001)

PHATRA LEASING PUBLIC COMPANY LIMITED INTERIM FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2001 AND REVIEW REPORT OF CERTIFIED PUBLIC ACCOUNTANT EXPRESSED IN Thai Baht REVIEW REPORT OF CERTIFIED PUBLIC ACCOUNTANT To the Board of Directors of Phatra Leasing Public Company Limited I have reviewed the balance sheet of Phatra Leasing Public Company Limited as at March 31, 2001, and the related statements of income for the three-month and six-month periods ended March 31, 2001 and 2000, the statements of changes in shareholders' equity, retained earnings and cash flows for the six-month periods ended March 31, 2001 and 2000. These financial statements are the responsibility of the Company's management as to their correctness and completeness of the presentation. My responsibility is to issue a report on these financial statements based on my review. I conducted my review in accordance with auditing standard applicable to review engagements. This standard requires that I plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit in accordance with generally accepted auditing standards. Accordingly, I do not express an audit opinion. Based on my review, nothing has come to my attention that causes me to believe that the financial statements referred to above are not presented fairly, in all material respects, in accordance with generally accepted accounting principles. I have previously audited the financial statements of Phatra Leasing Public Company Limited for the year ended September 30, 2000,in accordance with generally accepted auditing standards and issued my report dated November 1, 2000, expressing an unqualified opinion on those financial statements. The balance sheet as at September 30, 2000, presented herein for comparative purposes, is a part of such audited financial statements. I have not performed any auditing procedures subsequent to such report date. VICHIEN THAMTRAKUL C.P.A. (THAILAND) Registration No. 3183 Bangkok April 25, 2001