November 14, 2000.
Subject : Explanation of financial statement
To : Managing Director
The Stock Exchange of Thailand
We, The Union Mosaic Industry Public Company Limited have sent you the company's financial
statements for the third quarter ended September 30, 2000 that have been reviewed by the
Certified Public Accountant. Our financial statement present as decreasing in net loss,
compare with the same period of last year.
We would like to explain that matter as follows :
1. The revenue has been increased by 19 % compare with the same period of the last year.
2. Our performance present a net loss due to the economic difficulties and high competition
situation.
3. Loss from exchange rate.
Sincerely yours,
(Miss Paweena Laowiwatwong)
President
