24 June 1998

SANSIRI PCL. REPORTS THE RESULTS OF THE SHARE OFFERING

SANSIRI PUBLIC COMPANY LIMITED REPORTS THE RESULTS OF THE SHARE OFFERING Dated June 22, 1998 Whereas the Company had already increased its registered capital from Baht 645,500,000.- (Six Hundred Forty Five Million and Five Hundred Thousand Baht Only) to Baht 945,500,000.- (Nine Hundred Forty Five Million and Five Hundred Thousand Baht Only) by issuing 30,000,000 common shares (Thirty Million common shares) , at par value of each Baht 10.- , totalling Baht 300,000,000.- (Three Hundred Million Baht Only) in order to offer its new shares wholely or occasionally to the 17 institution investors as specified in the SEC Announcement No. Kor.Jor.13/2539 governing the submission of the Application to disclose information for the offer for sale of securities and its exception date September 12, 1996. This time the Company had made the share offering in the amount of 2,928,045 shares , leaving the number of shares to be further offered in the amount of 27,071,955 shares. The Company , then , report the results of the said offering to Stock Exchange of Thailand , as follows:- 1. Information relating to the share offering - Class of shares offered : Common shares - Number of shares offered : 2,928,045 shares - Offered to : Siam Commercial Bank Public Company Limited (One of the 17 institution investors as specified in the SEC Announcement) - Price per share : Baht 10.- _ Subscription and payment period : commence form June 8 , 1998 to June 12, 1998 during 8.00- 17.00 hour each day at the Company's office. 2. Results of the share sale ( / ) totally sold (___) partly sold, with ____-No-_____ shares remaining The company will deal with the remaining shares as follows : _____________________________-No-___________________________ 3. Details of the sale Thai investors Foreign investors Juristic Natural Juristic Natural Total persons ersons persons persons - Number of persons 1 ______ _______ _______ 1 - Number of shares subscribed 2,928,045 ______ _______ _______ 2,928,045 - Percentage of total shares offered for sale 100 ______ _______ _______ 100 4. Amount of money received from the share sale Total amount : Baht 29,280,450.- (Twenty Nine Million Two Hundred Eighty Thousand Four Hundred and Fifty Baht Only) Less expenses : Bt ______-_______ million Net amount received : Baht 29,280,450.- (Twenty Nine Million Two Hundred Eighty Thousand Four Hundred and Fifty Baht Only) Signature_______Apichart Chutrakul________ Authorized director ( Mr.Apichart Chutrakul ) Position Director and Chief Executive Officer (With Companys seal affixed) Signature_______Wanchak Buranasiri_______ Authorized director ( Mr.Wanchak Buranasiri ) Position Director