UNVEILS BOARD SHAKE-UP

Singer Thailand Plc board of directors meeting(124th) on Friday 6th March 1998 has approved the following changes to its membership : 1. Accepted the resignations of the following directors : Name : 1. Mr. Iftikhar Ahmed Position : 1. Director 2. Miss Clara Loh 2. Director effective from March 6th , 1998 onwards. 2. Approved the appointments of the following directors : Name : 1. Mr. Sara Lamsam Position : 1. Director 2. Mr. Sinniah Ramanathan 2. Director 3. Mr. Stephen H. Goodman 3. Director effective from March 6th , 1998 onwards.