TRANSLATION The Company's profit in Q1/2000 increase from Q1/1999 more than 20% because of losses on foreign exchange of 11 million Baht compared to losses of 40 million Baht in Q1/1999 which decreased by approximately 29 million Baht. Should we exclude the exchange loss , provision for loss of property under development and gain from redemption of convertible bonds , the profit before tax of Q1/2000 will be 205 million Baht which increase from Q1/1999 by approximately 19 million Baht or 10% because of higher income and significant decrease in interest expenses from partial debt repayment.