CLARIFIED DOWNHILL PERFORMANCE

Om-Sin Perm Poon Sub Fund (OSP) reported its reviewed quartery financial statement as follows: (In Thousand Baht) Ending January 31 2nd quarter For 6 months 1997 1996 1997 1996 OSP Net profit(Loss) (100,581) 89,356 (240,739) 163,732 Earning Per Unit (Baht) (0.67) 0.59 (1.60) 1.09 OSP also explained that it posted a net loss of Bt240.74 million in the second quarter ending January 31, 1997, suggesting a fall of Bt404.47 million under the net profit of Bt163.73 million recorded in the same quarter of the earlier year, mainly because profit from securities trading dropped by Bt427.21 million.