18 May 1999
                                    REVIEWED QUARTER-1 AND CONSOLIDATED F/S (F45-3)
                                    STECON   reports reviewed quarterly financial statements as follows.         
        Sino-Thai Engineering & Construction Public Company Limited         
                                                                            
                                                                    Reviewed
                                 Ending  March 31,            (In thousands)
                                                                            
                                  Quarter 1               For 3 Months       
                                                                            
                      Year      1999        1998          1999        1998  
                                                                            
Net profit (loss)             (202,308)     794,716     (202,308)     794,716
EPS (baht)                       (6.74)       26.49        (6.74)       26.49
                                                                            
                                                                            
                                                                            
Comment : 1. Please see details in financial statements, auditor's report
            and remarks from SET Information Management System
                                
                                
                            