03 March 1999
OPERATING RESULTS
-- TRANSLATION--
Net income of Central Pattana Public Company Limited (CPN) for the
year 1998 is 358 million Baht which is higher than 1997 more than 20%. The net profit
includes the provision totalling 636 million Baht for loss on declining in value of
investments, cost of project development , doubtful accounts , and loss on sale of
investments net of the foreign exchange gain amounted to 419 million Baht while in
1997 there was foreign exchange loss of 887 million Baht .