THE OPERATING RESULTS CHANGE FOR MORE THAN 208F NET PROFIT

A/C 00347/2002 August 14 2002 Managing Director The Stock Exchange of Thailand Subject: Clarification of the operating results change for more than 20 % of net profit for the third quarter ended June 30,2002 The company operating result which show net profit amount of Baht 30.57 million for the interim financial statements for the period ended June 30,2002 increase from the same of period by Baht 11.77 million or 62.59% which excess 20 %. We would like to explain the causes of this change as follows: 1. The total revenue increase by Baht 29.89 million or increased 15.70 % and total costs increased by Baht 24.32 million or increased 15.69% causes to the company have earning excess the previous year. 2. Income tax decreased by Baht 6.20 million or decreased 37.26% from previous year due to corporate tax reduced form 30% to 25% for five (5) year .In addition partly result from write off deferred income tax in 2001. For your acknowledgement Sincerely, (Krirkchai Siribhakdi) President