[Translation] Ref. PDI.B.02.92/2000 15 December 2000 To : President The Stock Exchange of Thailand Re: Clarification on Agreement to sell between Padaeng Poongsan Metals Company Limited and PSMT company Limited Referring to our letter ref. PDI.B02.91/2000 of 13 December 2000, the company would like to further clarify on Agreement to sell between Padaeng Poongsan Metals Company Limited and PSMT Company Limited as follows: 1. PSMT Corporation is a company registered in the business of producing brass sheets & coin blanks and is a wholly-owned subsidiary of South Korea's Poongsan Corporation Ltd., 2. Since PPM has already written down its asset to Bt123.5m, the effect on PDI consolidated P&L statement will be that the sale amount of Bt227.85m will be realized as gain on asset sale of approximately Bt104.35m for the financial statement year-end December 31, 2000. Please be notified accordingly. Yours truly, - Signature - (Mr. Pinit Vongmasa) Chief Executive Officer Board Secretary Division Tel. 661-9900 Ext. 1501, 1402 Translate by Surin Tanticharoenkiat : Acting Board Secretary