HAILAND - DEBENTURE #3

(Translation) No. 005/2000 Date: February 10, 2000 Re: Singer Thailand Debenture #3 To: President The Stock Exchange of Thailand Ref: The resolutions of 30th Annual General Meeting on October 31, 1997 Singer Baht Debenture #3 Issuer: Singer Thailand Public Company Limited Type: Senior, Unsecured & Amortizing Amount: Bht 900 million Use of Proceed: To partially consolidate and refinance existing debts and to be utilized for working capital purposes Tenor: 3 years Offering Price: 100% of par or Baht 1,000 per unit Offering Method:Private Placement Coupon: 7.75% Repayment Schedule: 12 equal quarter installments of both principal and interest Lead Arrangers: Thai Farmers Bank Public Company Limited and Bangkok Bank Public Company Limited Registrar: Thai Farmers Bank Public Company Limited Trustee:DBS Thai Dhanu Public Company Limited Issue Date: February 10, 2000