16 May 2003

REVIEWED QUARTER-1 AND CONSOLIDATED F/S (F45-3) /2003

UMI reports reviewed quarterly financial statements as follows. THE UNION MOSAIC INDUSTRY PUBLIC CO.,LTD. Reviewed Ending March 31, (In thousands) Quarter 1 Year 2003 2002 Net profit (loss) (12,488) (8,678) EPS (baht) (0.39) (0.27) Type of report : Unqualified Opinion with an emphasis of matters Comment : 1. Please see details in financial statements, auditor's report and remarks from SET Information Management System "The company hereby certifies that the information above is correct and complete. In addition, the company has already reported and disseminated its financial statements in full via the SET Electronic Listed Company Information Disclosure (ELCID), and has also submitted the original report to the Securities and Exchange Commission." Signature.......................... ( Mr.Charan Amorntirakul ) Position..Vice President Administrative Authorized to sign on behalf of the company