NOTE OF FINANCIAL STATEMENT ENDED JUNE 30,2000

Overseas 305.99 35.90 Total 1,087.36 123.84 Add (Less) Inter-company transactions - 17.93 Total 1,087.36 141.77 Add Minority interest in net loss of subsidiaries 6.16 Consolidated net income 147.93 15. DISCLOSURE OF FINANCIAL INSTRUMENTS 15.1 Fair value of financial instruments As at June 30, 2000 and December 31, 1999, fixed deposits with maturity of 1 year and short-term investments whose maturities is more than 90 days have carrying value of Baht 515.21 million and Baht 263.42 million, respectively, and fair value of Baht 515.71 million and Baht 263.83 million, respectively. The fair value is estimated by using the discounted cash flow analysis based on the interest rate currently offered for deposits with similar terms. /18 - 18 - 15.2 Forward exchange contract As at June 30, 1999, the Company has a forward exchange contract with a bank to buy US$ 1,500,000 at the rate of Baht 39.4612 for US$ 1, for the remaining period of 15 days. As at June 30, 1999, the exchange rate US$ 1 is Baht 37.0009. 16. YEAR 2000 PROBLIEM (Not reviewed - Not Covered by the Review Report of Independent Certified Public Accountants) The Company and its subsidiaries had modified their computer systems to address the Year 2000 problems and evaluated their impact. To date, the Company and its subsidiaries have not experienced any material impact on their operations.