EN TH
02 March 2000

SUBNISSION OF FINANCIAL STATEMENTS FOR THE YEAR 1999

February 28, 2000 To The President Stock Exchange of Thailand Re Submission of financial statements for the year 1999. Enclosures Financial statements for the year 1999. We are sending you herewith the enclosed financial statement of the Company and the consolidated financial statement of the Company and its subsidiary companies for the year ended 31st December,1999,which have been approved by our Board of Director. The consolidated operating result of the Company and its subsidiary companies for the year 1999 is a net profit of Baht 1,105 million. It is lower than that of the previous year by 15 percent. This is because of the big drop, from the previous year, of our "interest income",caused by the much lower down of the interest rates in the market. Even the operating profit of the year 1999 is higher than that of the previous year, as our sale revenue especially our advertising air-time sale have started improving, but not enough to cover the shortfall of interest income yet.Furthermore,the Company also had to recognize as an additional loss of over 30 million Baht, from the write-off of outstanding amount of goodwill on our investment in "CVD" in order to comply with the new Accounting Stand(#36). Please be informed accordingly. Sincerely Yours, (Chatchai Thiamtong) Vice President - Finance