IRREGULAR ADJUSTMENT IN VOLUME AND PRICE

(Translation) May 25, 2001 The President The Stock Exchange of Thailand Bangkok Thailand Dear Sir' Re: Irregular adjustment in volume and price of Singer's common stock During the past couple days, trading volume and price of Singer's common share had been significantly increase. We therefore, would like to inform that we had no reasons and information about our business operations and/or new development to declare to support such massive increase in both trading volume and price. For your information, Your faithfully, Singer Thailand Public Company Limited James P. Kelly Managing Director