Ref. PDI.B.02.75/1998 5 August, 1998 To : President The Stock Exchange of Thailand Re : Clarification of a report in newspaper We would like to clarify a report in the Krungthep Thurakit newspaper on 5 August, 1998 that Mr. Arsa Sarasin, PDI's Executive Chairman & CEO and a team of senior officers have visited Myanmar during 5-7 August, 1998. The company executives will meet and discuss with Myanmar's top government officials and related government agencies on possible investment and prospects of zinc exploration and mining development in that country. Yours truly, (Signed) Chakthep Senivongs Na Ayutthaya (Mr. Chakthep Senivongs Na Ayutthaya) Director and Executive Director