One missing school girl out of four has been found dead after a boat capsized in central Myanmar's Magway region, Xinhua reported.

The victim was discovered near Kinponkai village in Mindon township Saturday after the boat met with the tragedy on Friday.

Search for the remaining three girls was underway by the police in cooperation with fire fighters and local residents.

The boat carrying 18 passengers from Paukkaing village capsized at the convergence of Mindon Creek and Mu Creek on Friday afternoon.