AUDITOR'S REPORT ON REVIEW OF INTERIM FINANCIAL STATEMENTS


TO  	THE SHAREHOLDERS AND THE BOARD OF DIRECTORS OF
	MAHACHAI HOSPITAL PUBLIC COMPANY LIMITED 

		I have reviewed the accompanying consolidated balance sheets as at June 30,  
2004,  the related consolidated statements of income  for the three-month and six-month periods 
ended June 30, 2004 and 2003, of changes in shareholders' equity and  of cash flows for the  six-
month periods ended June 30, 2004 and 2003 and of Mahachai Hospital Public Company Limited 
and its subsidiaries and also reviewed the balance sheet as at June 30, 2004, the related statements 
of income for the three-month and six-month periods ended June 30, 2004 and 2003 and of changes 
in shareholders' equity and of cash flows for the six-month periods ended June 30, 2004 and 2003  
aof Mahachai Hospital Public Company Limited. These financial statements are the responsibility of 
the Company's management as to their correctness and the completeness of the presentation.   My 
responsibility is to express an opinion on these financial statements based on my review.

		I conducted my review in accordance with the auditing standards applicable to 
review engagement.   Those standards require that I plan and perform the review to obtain moderate 
assurance as to whether the financial statements are free of material misstatement.   A review has 
limited primarily to inquiries of Company's personnel and analytical procedures applied to financial 
data and thus provides less assurance than an examination in accordance with generally accepted 
auditing standards.   Therefore, I do not express such an opinion to the reviewed financial 
statements.

		Based on my review, I am not aware of any material modifications that should be 
made to the accompanying financial statements for them to be in conformity with generally accepted 
accounting principles.

I  have  audited  the  consolidated financial statements for the year ended December 
31, 2003 of Mahachai Hospital Public Company Limited and its subsidiaries and the financial 
statements of Mahachai Hospital public Company Limited for the year  ended  December 31, 2003
		


AUDITOR'S REPORT ON REVIEW OF INTERIM FINANCIAL STATEMENTS (Cont.) - 2 -



with generally accepted auditing standards whose report there-on dated February 10, 2004 
expressed an unqualified opinion.  The balance sheet and the consolidated balance sheet as at 
December 31, 2003 presented herewith for  comparative purpose are integral parts of the financial 
statements, I have audited and reported therein.  

I have not employed any other audit procedures subsequent to the reporting date.




( Mr. Sevi     Viwatpanachati )
Certified Public Accountant (Thailand) No. 2219



PITISEVI & COMPANY
8/4  Floor 1st,3rd  Soi Viphavadee 44
Chatuchak   Bangkok	

August 2, 2004
