Bangkok--Feb 13--P&G Procter & Gamble Manufacturing (Thailand) Ltd., today announced that the company will be Investing over Bht 1,000 million Thailand during 1998 for the "construction of new facilities, upgrading of existing facilities, and the expansion of manufacturing capacity in Thailand," according to P&G Thailand managing director Mr. Ravi Chaturvedi. "Despite the economic set-backs that have affected many countries in the region, we continue to see bright prospects for the long-term, both in Thailand's domestic market, and in its role as a manufacturing and export centre," he said. The investment will primarlly support the growth of the company's Oil of Ulan skin care and Pampers disposable diapers businesses. Mr. Chaturvedi said that there is the potential for P&G to increase its investments further but that this was still under review pending a study of how far the company's export potential could be maximised. "P&G Thailand has the largest export volume in Asia among P&G companies and accounts for more than a third of all p&G export in Asia," he said. Another area of new investment is in strengthening the company's logistics services and facilities to boost efficiency in managing the distribution of goods for local and export markets. Procter & Gamble was established in Thailand in 1987. It has invested over Bht 2,200 million, to date. The company currently employs more than 800 people at its Bangkok office and its manufacturing plant in Wellgrow Industrial Estate. P&G Thailand is a sourcing centre that exports hair care, skin care and paper products to more than ten countries, including Australia, China, Hong Kong, Indonesia, Korea, Malaysia, New Zealand, the Philippines, Singapore, and Taiwan. For further information please contact: Bnagkok Public Relations Ltd., Khun Chachadapa Vichitrananda, tel: 652-1946, fax: 652-1948. End.