01 December 1998

NNOUNCES RATIONALISATION OF BUSINESS LINES

Berli Jucker Public Company limited announces rationalisation of business lines Berli Jucker Public Company Limited has transferred certain investments between its subsidiaries as part of a rationalisation exercise to group all engineering businesses under one company umbrella according to the following chart: STATUS BEFORE TRANSFER ---------------------- / BERLI JUCKER / / / ---------------------- v v < < < < < < < < v > > > > > > > > v v v -------------------- _______________________________ / (99.7%) / / (100% OF PREFERENCE SHARES) / / RUBIA INDUSTRIES / / THAI SCANDIC-STEEL / ____________________ _______________________________ v ^ ____________________ ^ / (95%) / ^ / MARBLE & STONES / > > > > > > > > > > > > > > ^ ____________________ (75% OF ORDINARY SHARES) STATUS AFTER TRANSFER _____________________ / / / BERLI JUCKER / --------------------- v _____________________ / (99.7%) / / RUBIA INDUSTRIES / _____________________ V _____________________ / (95%) / / MARBLES & STONES / --------------------- v _________________________________________________________ / (*75% OF ORDINARY SHARES & 100% OF PREFERENCE SHARES) / / THAI SCANDIC-STEEL / _________________________________________________________ * Minor Shareholder intends to sell its own ordinary shares of 25% to Marble & Stones thus making Marble & Stones holds 100% shares in the company.