REVISES INFORMATION

Referring to the second quarter 1997/1998 financial statements already submitted by Singer Thailand Plc on February 13, 1998 at 17.00 hours to SET, we wish to revise clause 5 in Notes to Company Financial Statements (Economic crisis and effects on company's operation ) so that the information provided is clear and complete to the readers. Existing : 5 Economic crisis and effects on company's operates The company operates in Thailand, which, together with a number of other countries in the Asia Pacific Region is currently experiencing an economic crisis. The crisis in Thailand has involved a slowdown in economic growth, a shortage of liquidity within the country and volatility in both the securities market and the value of the Thai Baht. The company's operations have been affected by the economic crisis in the current year and are expected to continue to be effected for the foreseeable future, with particular regard to the ability of the company to repay debt and the ability of the company to collect its receivables. The ultimate outcome of the economic crisis cannot be determined at present. The interim financial statements for the three-month and six- month periods ended 31 December 1997 do not include any adjustments that may arise as a result of the effects of this crisis. Revised : The company operates in Thailand, which, together with a number of other countries in the Asia Pacific Region is currently experiencing an economic crisis. The crisis in Thailand has involved a slowdown in economic growth, a shortage of liquidity within the country and volatility in both the securities market and the value of the Thai Baht. The company's operations have been affected by the economic crisis in the current year and are expected to continue to be effected for the foreseeable future. The ultimate outcome of the economic crisis cannot be determined at present. The interim financial statements for the three- month and six-month periods ended 31 December 1997 do not include any adjustments which cannot be determinde as a result of the effects of this crisis.