FOREIGN EXCHANGE LOSS

Sino-Thai Engineering & Construction Plc requested the relaxation of recording unrealised foreign exchange losses to avoid possible delisting and also, disclosed the reviewed losses on exchange rate as follows: (in thousand) Consolidated STECON 1997 1996 1997 1996 -realised 59,029 - 4,978 - -unrealised 2,035,575 - 1,912,371 -