REVIEWED QUARTER-2 F/S (F45-1)

SINGER reports reviewed quarterly financial statements as follows. (In thousands) Ending December 31, Quarter 2 For 6 months Year 1997 1996 1997 1996 Net profit (loss) (198,001) 121,220 (301,597) 241,505 EPS (baht) (7.33) 4.49 (11.17) 8.94 Comment: 1. Please see details in financial statements, auditor's report and remarks from Public SIMS