07 May 1999
                                    DEBT. RESTRUCTURING INFORMATION
                                    ST/1999/0574
7 May 1999
   Subject :  Debt Restructuring Information
   TO      :  Director and Manager of The Securities Exchange of Thailand
   According to the companys news in the Manager Newspaper, May 7, 1999,  page 11,  the 
company would like to clarify those news as follows :
The company commensed to negotiate with debtor representatives in September 1998 which has 
progressed in succession.   The company expects to conclude debt restructuring plan within May or June 
1999.  The form of debt restructuring is in negotiation period which can not be concluded now.
   Please advised accordinly
   Best Regard
   
 (Mr.Teeraphong Wichiranon)
   Business Development Department Manager
                                
                                
                            