FILING OF FINANCIALSTATEMENT FOR FIRST QUARTER LETTER

1600/029/2541 May 14, 1998 The Stock Exchange of Thailand 7th Floor, Sindhorn Tower 1 132 Wireless Road Bangkok 10330 Attention : Vice President of the Listing Department Subject : Filing of the Auditors Report and Reviewed Financial Statements for First Quarter as of March 31, 1998 Dear sir , According to the Stock Exchange of Thailand+s regulations related to rules, conditions and procedures for the reporting of financial status and business operation results of listed companies; a listed company is required to prepare and file an Reviewed Financial Statement within 45 days following the end of quater. In compliance with this regulation, The Bangchak Petroleum Public Company Limited would like to file herewith its Financial Statements and Auditors Report for the period ending March 31, 1998. For the first quarter of 1998, the company+s total revenues were 10,027 million baht, 11% increased from the same period last year, profit before tax of 545 million baht and net profit of 381 million baht. Compared to the same period last year, while the country fuel consumption was decreasing, the company+s retail market contined to expand at 3.5%. Yours sincerely, (Mr. Rabil Pornpatkul) Senior Manager, Corporate Planning Office Attachment :The Auditors Report and Reviewed Financial Statements as of March 31, 1998 Corporate Planning Office Tel : 301-2842