SET Announcements

(Translation) No. CK-99-0000-HRL-L-0218 April 30, 1999 Subject : Notification of the Annual General Meeting of Shareholders Attn : Director and Manager The Stock Exchange of Thailand Whereas the Annual General Meeting of Shareholders for the year of 1999 of CH. Karnchang Public Company Limited,held on April 30,1999 at 9.30 A.M.at The Emerald Hotel, Radchadaphisek Road, Kwang Huay Kwang, Khet Dindaeng, Bangkok Metropolis, have the resolution of the said meeting as follows: 1. The Meeting had unanimous resolution to certify the Minutes of the Annual General Meeting of Shareholders for the year 1998, held on April 30, 1998 2. The Meeting had unanimous resolution to certify the result of business operations of the Company for 1998 3. The Meeting had unanimous resolution to approve the Balance Sheet and the Profit and loss Statements for the fiscal year ending 31 December 1998 4. The Meeting had unanimous resolution to appropriate legal reserve for the year1998 in amount of Baht 10,395,384 (Baht Ten Million Three Hundred Ninety-five Thousand Three Hundred And Eighty-four Only) and the dividens should not be payment 5. The Meeting had unanimous resolution to appoint Mr. Aswin Kongsiri , Mr.Don Pramudwinai and Mr.Kamthorn Trivisvavet the directors whose tenure has ended be the directors being re-appointed and approved authorized directors to sign and engage on behalf of the Company shall be as settled before 6. The Meeting had unanimous resolution to appoint Mr. Somkuan Watakeekul and Mr.Vitoon Tejatussanasoontorn as the two additional members for appropriateness and in accordance with the rules of The Stock Exchange of Thailand 7. The Meeting had unanimous resolution to fix the remuneration of the Directors 8. The Meeting had unanimous resolution to appoint Mr.Supot Singhasaneh or Ms.Somboon Supasiripinyo of KPMG Audit (Thailand) Limited be the Auditor for the fiscal year 1999, and the fixing for his remuneration approximately in amount of Baht 1,200,000 (Baht One Million Two Hundred Thousand Only) Please be informed Yours faithfully, (Mr.Plew Trivisvavet) Chief Executive Officer