ข่าวแจ้งตลาดหลักทรัพย์

Ref: CK-02-0000-AFD-L-124 February 28, 2002 Attention : President The Stock Exchange of Thailand Subject : Declaration of the Operating Result of the Year Ended December 31, 2001, compared with the year ended December 31, 2000 The operating result of CH.Karnchang Public Company Limited, Subsidiaries and Joint Venture for the year ended December 31, 2001 presented profit increased 691.49%, respectively, compared with the previous period due to the following factors. 1. The company's revenue from construction has been increased from track works of Metropolitan Rapid Transit Authority Initial System Project and Bangkok International Airport Development Project. 2. The Company has recognised revenues for additional costs for JV.BBCD under the contract. 3. The Company has received the provision for doubtful debts as a revenue for a Joint Venture and has received an increased management income. For your consideration. Sincerely yours, ( Mr. Plew Trivisvavet ) ( Mr. Narong Sangsuriya ) Directors