NEWSPAPER'S REPORT ON 20% PURCHASING BCP'S SHARES OF AIA

1600/040/2541 July 6, 1998 The Stock Exchange of Thailand 7th Floor, Sindhorn Tower 1 132 Wireless Road Bangkok 10330 Attention : President of The Stock Exchange of Thailand Subject : Newspaper+s Report on 20% Purchasing BCP+s Shares of AIA According to reports in several newspaper+s report on the American International Assurance+s AIA) interest in buying 20% of BCP+s shares, numbers of investors and the shareholders are trying to find out the truth of the issue. To make itself clear, BCP would like to indicate that the company has never negotiated on the shares selling issue with any company nor individual. Anyhow, BCP has no information on whether or not, and what those who are interested in buying BCP+s shares have talked to the BCP+s shareholders. So far, BCP has been doing the survey on public interest in buying BCP+s shares as requested by the Ministry of Finance. AIA is the one who is interested in buying 15 million of BCP+s shares, 3% of the total stakes, the information of which has already handed to the Ministry of Finance. The result of the survey consequently confirms the company+s acclaim. For the BCP+s privatization+s issue, it is currently under the consideration of the concerned authorities. The company has no right to sell its shares to anyone. Yours sincerely Rabil Pornpatkul Senior Manager, Corporate Planning Office Corporate Planning Office Tel: 301-2842