invests in Australian-based Western Metals Limited

Padaeng Industry Plc (PDI)'s board of directors at a meeting No.1 /1996 yesterday resolved that the company purchase 12.250 million shares of Western Metals Limited at the price of 82.5 Australian cents apiece in a deal worth 10.11 million Australian dollars or about Bt192.09 million. Western Metals Ltd is a zinc mining operator in Australia and its shares are registered on the Australian stock market. The payment for the shares will be made by January 30, 1996. Translated by The Nation