(Translation) 1600/004/2542 January 26, 1999 The Stock Exchange of Thailand 62 Ratchadapisek Road, Klongtoey Bangkok 10110 Attention : President of the Stock Exchange of Thailand Subject : Clarification on News As reported in some newspapers regarding the BCP privatization guideline policy, we would like to clarify as follows: In the BCP privatization policy, the Company is aware of the State Enterprise Policy Committees meeting on January 15, 1999. The Company was not invited to that meeting. Up to now, the Company has not been informed of the meeting. Please be informed accordingly. Yours sincerely, (Mr. Rabil Pornpatkul) Senior Manager, Corporate Planning Office Corporate Planning Office Tel: 301-2842