15 สิงหาคม 2545

OPERATING RESULTS

August 14, 2002 Subject : Explanation of financial statement To : Secretary - General The Office of Securities and Exchange Commission, Thailand Attn. : Managing Director The Corporate Finance Department We, The Union Mosaic Industry Public Company Limited have sent you the company's financial Statement for the second quarter ended June 30,2002 that have been reviewed by the Certified Public Accountant. Our financial statement present net loss. We would like to explain that matter as follows: Our performance present a net profit due to : 1. Gain on Exchange rate. 2. Sales growth 10% compare with the same period of the last year. Sincerely yours, ( Mr.Charan Amorntirakul ) Vice President - Administrative