Question

The businessman said, "Alas! How foolish I have been!"
Change the form of narration :

Answer 1

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your answer...

the businessman exclaimed with sorrow that how foolish he had been .

hope it helps...
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Answer 2

If we change the narration of this sentence we can write it is as:

The business said with grief that he has been foolish.

While to change the narration of an exclamatory sentence, the reporting verb needs to be changed, and it is made to be an indirect speech.

In all indirect speech, it is the full stop that ends the sentence.