CLARIFIES FOR Q3/97

Singer Thailand Plc lost Bt112 m after deducting tax contrasted with net profit at Bt126 m in Q3/1996, extremely lessening by Bt238 m or 188%, because: 1. Foreign exchange loss heightened to Bt68.7 m. 2. Thai economic crisis damaged sales to be 24% lower by Bt469.7 m year-on-year. 3. Soaring expenses including 2.8% hike of interest and other expenses resulted from lack of liquidity were also responsible for falling result.