ORT OF THE PREPARATION TO HANDLE THE YEAR 2000 PROBLEM

1 9 9 8 1 9 9 9 M J J A S O N D J F M A M J J A S The preparation to handle the year 2000 problem - - - - - - - - - - - - - - - 1. Awareness = 2. Assessment - - - - Computer Systems = - - - Business Application System = - - - Office Automation System = - - - Power Generation System = - - - Plant Maintenance Systems = - - - Fuel Suppy System - - - - Transmission System - - - - External Information System = - - - 3. Renovation and Validation - - - - - 4. Implementation - - - - - - - - - 5. Contingency Plan - - - - - - - : Plan = : Action Contingency Plan and Data Backup In case that the above plans miss target date, the working group has prepared the contingency plan and prepare operating procedures for manual operation. Data backup will be done in regular manner. 4.The current status of the Year 2000 problem solving The Year 2000 working group has a monthly meeting. The group is responsible for reporting the progress to the Year 2000 Steering Committee regularly. The following is the progress report as of June 30th,1998: +---------------------+---------+----------+-----------+---------+-------------+-----------+ | System |Awareness|Assessment|Renovation |Implemen-| Expense | Remark | | | | |&Validation| tation | (Baht) | | | |Target on|Target on |Target on |Target on| | | | | Jun 98 | Sep 98 | Dec 98 | Aug 99 | | | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Computer Systems | | | | | | On | |-Computer Hardware | % | & | | | | schedule | |-Operating Systems | % | & | | | | | |-Database Management | % | & | | | | | |System | | | | | | | |-Data communication | % | & | | | | | | Network LAN,WAN | | | | | | | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Business Application | | | | | | On | |System | | | | | | schedule | |-Lotus Notes | % | & | | | | | |-SAP | % | & | | | | | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Office Automation | % | & | | | | On | |System | | | | | | schedule | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Power Generation | % | & | | |REGCO 700,000| On | |System | | | | | (Consultant)| schedule | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Fuel Suppy System | % | | | | | On | | | | | | | | schedule | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Transmission System | % | | | | | On | | | | | | | | schedule | +---------------------+---------+----------+-----------+---------+-------------+-----------| |External Information | % | & | | | | On | |System | | | | | | schedule | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Training/Seminar | | | | |EGCO 32,000 | | |about the Year 2000 | | | | |REGCO 5,000 | | |Problem | | | | | | | +---------------------+---------+----------+-----------+---------+-------------+-----------+ |Total Expense (Baht) | 37,000 | 700,000 | | | 737,000 | | +---------------------+---------+----------+-----------+---------+-------------+-----------+ % : 100% completed & : In progress 5. Management Discussion and Analysis Since the Year 2000 problem is the problem which cannot be avoided and will affect the business, it is essential for our company to define policy and methodology to solve this problem within August 1999 by setting up the Year 2000 Steering Committee and the Year 2000 Working Group to solve this problem urgently and follow up the progress continuously. Budget has been allocated to solve this problem. From the preliminary assessment, it was found that the problem all the system can be sloved. The Year 2000 Steering Committee will cooperate with manufacturaer and related companies to replace, modify or purchase the equiptment which will be affected by Year 2000 problem in the timely manner. The certification of information We hereby certify that all information in this report is complete and accurate, not misleading or not lacking in significant information which may prejudice shareholders or investors. In this case, we have assigned Mr. Worawit Khamkanist to affix his signature on every page of all certified documents in order to be the evidence as the same series. If any document is not signed by Mr. Worawit Khamkanist, we assume that such document is not certified. Name Position Signature Dr. Djakkrit Puranasamriddhi Chairman of the Board of ____________________ Directors Mr. Sommai Phasee Director ____________________ Mr. Chaiwat Wongwattanasan Director ____________________ Mr. Viroj Nopkhun Director ____________________ Mr. Siriwadh Sribhibhadh Director ____________________ Mr. James Seymour Dickson Leach Director ____________________ Mr. Ross Edward Sayers Director ____________________ Mr. Kenneth Warren Oberg Director ____________________ Mr. Sirin Nimmanahaeminda Director ____________________ Mr. Boonshai Jiwalai Director ____________________ Mr. Worawit Khamkanist Director ____________________ Mr. Worawit Khamkanist Managing Director and ____________________ (Appointee) Chairman of The Year 2000 Steering Committee