Audited Yearly F/S and Consolidated F/S (F45-3)

MAKRO reports audited annual financial statements as follows. Siam Makro Public Company Limited Audited Ending December 31, (In thousands) For year Year 2003 2002 Net profit (loss) 944,287 941,569 EPS (baht) 3.93 3.92 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.......................... (Charoen Assawajarukasem) Position SET Coordinator Manager Authorized to sign on behalf of the company