DENIES REPORTS IN NEWSPAPER

Siam Makro Plc (MAKRO) reported that, according to certain newspapers on April 12, 1997 saying that the company had sold its shares and withdrew from the joint venture with Charoen Pokphand group (CP), its major shareholder. MAKRO was confirmed from shareholders that the news reported was not true and would like to deny this news report. Comment: Please verify details from Public SIMS Translated by the Nation