PRESS RELEASE
Press Release
On June 29, 1995 Padaeng Industry Public Company
Limited signed an agreement with Exxon Energy Limited, Esso
Standard Thailand Limited, China Light and Power (International)
Limited and The Siam Commercial Bank Public Company Limited to
form Sriracha Po
Exxon Energy is a wholly-owned affiliate of Exxon Corporation,
one of the world's largest industrial companies. Exxon Energy,
through Castle Peak Power Company Limited (CAPCO), a joint
venture company owned by Exxon Energy (60%) and China Light and
Power (40%), has
China Light & Power, formed in 1901 in Guangzhou, in what is now
the People's Republic of China, is the operator of CAPCO's
assets and is one of the ten largest listed companies on the
Hong Kong Stock Exchange as well as supplier of electricity to
over 1.65 million
The Siam Commercial Bank is the oldest domestic financial
institution and one of the largest financial institutions in
Thailand.
Public Relations Section
June 30,