CLARIFIES FOR 1997 RESULT

26 February 1998
Thantawan Industry Plc notifies clarifications of performance as follows: 1. The managed float of the baht caused: 1.1 income leaping by 14.75% 1.2 net profit growing 336.7% 2. Lower cost of goods sold was helped by austerity measure using as much raw material at lome as possible to avoid risks from baht flutuation.