17 สิงหาคม 2542
                                SUBMISSION OF FINANCIAL STATEMENTS FOR QUARTER-2/1999
                                    August 16, 1999
   To         : President
            The Stock Exchange of Thailand
   Re         : Submission of financial statements for the 2nd 
            quarter of 1999.
   Enclosures : Financial statements for the 2nd quarter of 1999.
                We are sending you herewith the enclosed financial 
statement of the Company and the consolidated statement of the 
group for the 2nd quarter of 1999 ended 30th June, 1999.
                The operating result of the group for this 2nd quarter
of 1999 is a profit of Baht284 million. It is 18.4 percent better 
than the previous quarter, but still 17.6 percent lower than the 
same quarter last year. This is because of the big drop of our 
interest income caused by the much lower down of the interest rates 
in the market compare with last year. Even our operating profit 
increased as a result of better sales revenue and lower operating
costs and expenses but the improvement of our operating profit is 
not yet able to cover such a big drop of our interest income, thus
the net profit declined from that of the same period last year. 
               
            Please be informed accordingly.
                                     Sincerely Yours,
   
                               (Chatchai Thiamtong)
                             Vice President - Finance
                                
                            