NOTIFICATION OF COMPANY'S 1999 ANNUAL HOLIDAYS

[Translation] Ref. PDI.B.02.145/98 30 November, 1998 To : President The Stock Exchange of Thailand Re. : Notification of Company's 1999 Annual Holidays This is to inform the SET that Padaeng Industry Public Company Limited has set 1999 annual holidays totalling 15 days as follows : 1. Friday 1 January New Year 's Day 2. Monday 1 March Makha Bucha Day 3. Tuesday 6 April Chakri Day 4. Tuesday 13 April Songkran Festival Day 5. Wednesday 14 April Songkran Festival Day 6. Thursday 15 April Songkran Festival Day 7. Monday 3 May Substitution National Labour Day 8. Wednesday 5 May Coronation Day 9. Monday 31 May Substitution Wisakha Bucha Day 10. Wednesday 28 July Buddhist Lent Day 11. Thursday 12 August H.M. The Queen's Birthday 12. Monday 25 October Substitution Chulalongkorn Day 13. Monday 6 December Substitution H.M. The King's Birthday 14. Friday 10 December Constitution Day 15. Friday 31 December New Year Eve The above-referred holiday schedule has differed from the SET's announcement, re. 1999 closing dates for securities trading, which includes Mid Year Bank Holiday on Thursday, 1 July 1999 - that is, the company will be open as usual on that day. Yours truly, - Signature - (Brett T. Lambert) President & CEO