KING POWER TO PRESENT TO NEW YORK SOCIETY OF SECURITY ANALYSTS NEW YORK, Oct. 13 /PRNewswire-AsiaNet/ -- King Power International GroupCo., Ltd. (AMEX: KPG) will be presenting to the New York Society ofSecurity Analysts (NYSSA) on Thursday, October 22, 1998. KPG is the only Asian, publicly traded operator of duty-free andtax-free retail stores, with 47 locations, primarily in airports throughoutThailand. KPG stores provide a wide variety of brand name merchandise,including liquor, perfumes, tobacco, cosmetics, leather goods, watches andother quality products free of duties, excise taxes and value added-tax ofThailand, resulting in a significant savings to customers. The company holds two of three exclusive licenses granted by theAirports Authority of Thailand. KPG currently controls more than 60percent of the duty-free and tax-free market in Thailand's airports. While KPG revenues have grown from $6 million in 1993 to approximately$96 million in 1997, the company is underfollowed by Wall Street as thestock trades at a low p/e multiple of seven based on trailing EPS. KPG's presentation to the NYSSA on October 22 will be the third in aneight-city Financial Tour the company is holding to increase awareness ofKPG among the investment community nationwide. Along with New York City,KPG's Financial Tour includes Denver, CO; Boston, MA; Los Angeles, CA; SanFrancisco, CA; Portland, OR; and Seattle, WA. Thailand is one of Asia's most popular tourist destinations as more than25 million potential KPG customers traveled through Thai airports in 1997.KPG should benefit from this continuing trend as Thailand implements aworldwide promotional campaign called "Amazing Thailand" to stimulate theeconomy and enhance awareness of Thailand as a travel destination. The New York Society of Security Analysts (NYSSA) has provided and hasbeen the premier forum in the United States for the exchange of investmentinformation between senior corporate officials and financial analysts,portfolio managers and others involved in the investment decision makingprocess. There are more than 6,000 members making it the largest group ofinvestment professionals in the U.S., and it is a member of the Associationfor Investment Management and Research (AIMR). Note: News releases and other information on KPG can be accessed atwww.kingpower.com on the Internet. Information regarding KPG'spresentation to the NYSSA can be accessed atwww.nyssa.org/events/present.html on the Internet. SOURCE King Power International Group Co., Ltd. CONTACT: U.S. Contact: Shirley Thompson, President, or Mike Trueblood, Account Executive, both of Carl Thompson Associates, Inc., 800-959-9677; or in Thailand: Trakarn Siamwalla, Assistant Director of King Power International Group, 011-662-658-0081 Web site: http://www.nyssa.org/events/present.html Web site: http://www.kingpower.com