Thailand's Top 10 Deadbeats
                                        DEBT
                                 (IN U.S.$ MILLIONS)

THAI PETROCHEMICAL INDUSTRY             3,500

THAIOIL                                 2,180

PANJAPOL PAPER INDUSTRY                 1,500

PANJAPOL PULP INDUSTRY                  1,000

THAI TELEPHONE &
 TELECOMMUNICATION                      1,000

ALPHATEC ELECTRONIC                       888

NAKORNTHAI STRIP MILL                     780

THONBURI AUTOMOTIVE INDUSTRY              637

HIGH PRESSURE STEEL PIPE INDUSTRY         514

N.T.S. STEEL GROUP                        500


DATA: BUSINESS REORGANIZATION OFFICE, & THAI GOVERNMENT AGENCY