CLARIFICATION OF OPERATING RESULTS FOR 2/2000

16 August 2000
15 August 2000 The President The Stock Exchange of Thailand 62 Ratchadapisek Road Klong Toey, Bangkok 10110 Dear Sirs, Clarification of Operating Results for the Second Quarter of 2000 Herewith we send you our interim comparative financial statements covering the Second Quarter 2000 and 1999 as per the requirements of Rules and Regulations of SET. The reasons for the 20% improvement of trading results of the Second Quarter over the same of last year are due to our increased sales revenue by 30.85 million Baht or an increase of 9.92 per cent. Furthermore the South had enjoyed some unusually good weather i.e. less rain, during the raining season, together with the carefully planed marketing support, resulting in the increase of sales volume. Apart from these, we have also raised our selling prices of our products of the 10 oz.size since the middle of February this year as well as exercising consistent tight budget control. All these culminate to the increase of profit for the Second Quarter of the Year 2000. Yours faithfully, For Haad Thip Plc. Sec.Lt. (Phairoch Rattakul) Managing Director Office of Managing Director Tel.392-9984-5 Ext.108