SET Announcements
CLARIFIES FOR Q3/97 RESULT
20 November 1997
                                
                                    Noble  Development Plc clarified for dumping performance in comparison 
 with the same period a year before as follows:
     1.  Foreign  exchange  loss  soared  to  Bt136.8  m including Bt30.6 m 
 realised and Bt99.98 m unrealised.
     2.  Revenue from sales was 88% less than last year because of economic 
 malaise  causing that Bt381.96 m valued of contracts must be annulled, and 
 81% sales lower of the company and subsidiaries.
     3.  As  number  of  creditors slowed down borrowing extension, it must 
 shoulder higher interest expenses following interest rate hike.