EXPECTATION ON 102NCREASE OF EGCOMP NET PROFIT FOR Q1/03

No. EGCO 350/123 Date : April 11, 2003 Attn : President of the Stock Exchange of Thailand Subject:Expectation on 10% increase of EGCOMP's Net Profit for Q1/03 According to the news posted in E-finance.com on April 10, 2003, Mr. Machima Kunjara Na Ayudhya, the Senior Executive Vice President of Electricity Generating Public Company Limited (EGCOMP), stated in an interview that the net profit for Quarter 1 of the year 2003 was expected to increase 10%. EGCOMP would like to clarify the Stock Exchange of Thailand (SET) that the net profit which Mr.Machima mentioned, is the forecasted number of the net profit of the year 2003. The forecast is based on EGCOMP's revenue, most of which derived from the revenue from Rayong Electricity Generating Company Limited (REGCO) and Khanom Electricity Generating Company Limited (KEGCO) as the disclosure in the 2002 Annual Registration Statement (Form 56-1), and the disclosure in EGCOMP's prospectus for initial public offering regarding the Financial Model of REGCO, which shown that the revenue of REGCO will increase in the year 2003. Thus, in 2003, if there is no any impairment charge, EGCOMP's revenue will be in line with REGCO's Financial Model. In accordance with the Regulations of the SET, EGCOMP will report the 2003 operating results to the SET, accordingly. Yours sincerely, (Mrs. Chutiporn Prayong) Senior Vice President-Finance