T R I S R A T I N G S
Company Debt Instruments Rating
FINANCIAL INSTITUTIONS
1. GE Capital Auto Lease Sr debt: A
2. Industrial Finance Corporation of Thailand Sr debt: A-
3. Kiatnakin Finance Sr debt: BBB
CORPORATES
4. Acumen ACUMEN#1: Bt3,500 mil sr secrd deb due 2004 BBB+
5. International Engineering IEC@1: Bt1,200 mil sr conv deb due 2000 Restructured
6. Italian-Thai Development ITD#1: Bt3,500 mil sr deb due 2005 BBB
7. Khanom Electricity Generating Co. KEGCO#1: Bt7,500 mil sr secrd deb due 2011 A-
8. LSPV Sr debt: A-
9. Property Perfect PERFEC#2: Bt1,500 mil sr deb due 1998 Restructured
10. Shin Satellite SATTEL#2: Bt3,000 mil sr deb due 2002 BBB+
11. Tipco Asphalt TASCO@1: Bt1,300 mil sr conv deb due 2000 BBB-
12. United Communication Industry UCOM#1: Bt5,000 mil sr deb due 2000 BB
STATE ENTERPRISES
13. Aeronautical Radio of Thailand Sr debt: A+
Date of last rating announcement: 3 February 2000