ANNOUNCES NEW PRESIDENT AND DIRECTOR

The Bangchak Pretroleum Plc (BCP), according to resolutions made by board's meeting held on February 27, 1997, announced that Dr.Aran Tammano, former Assistant to Ministry of Finance, was appointed to attain company's executive president succeeding M.R.W. Jatumongkol Sonakul, Assistant to Ministry of Finance, who had resigned to attain executive president of New Bangkok Airport Co., Ltd. Additionally, Cap Suchai Chaowisit, director general to The Treasury Department, was appointed as director succeeding Mr.Nipat Pukanasut, director general to The Comptroller-General's department, who had resigned.