EXECUTIVE DIRECTOR RESIGNS
Padaeng Industry Plc (PDI) reported that its board of executive
directors, at meeting no. 9/1996 held on October 18, 1996, accepted the
resignation of Mr. Ankanee Worasap from his position as executive
director. Ankanee is also the finance ministry's deputy permanent
secretary. He will leave his position with PDI because he has decided to
retire on October 1, 1996. However, he will still be an advisor to the
company's board of executive directors.