03 March 1998
                                    Audited Yearly F/S and Consolidated F/S (F45-3)
                                    STECON   reports audited annual financial statements as follows.
                                (In thousands)
                              Ending December 31,
                                                              For year
                       Year                               1997        1996
Net profit (loss)                                    (2,763,726)   (159,507)
EPS (baht)                                               (92.12)      (5.32)
Comment: 1. Please see details in financial statements, auditor's report
            and remarks from Public SIMS
                                
                                
                            