SET Announcements

F 24-1 (Translation) Audit Committee Report on Members and Scope of Duties The board of directors of CH.Karnchang Public Company Limited at a meeting #3/1999 held on June 24, 1999, passed resolutions concerning the appointment of a company Audit Committee. The member of the committee include: 1. Audit Committee Member Mr.Vitoon Tejatussanasoontorn Audit Committee Member Mr.Somkuan Watakeekul Audit Committee Member Mr.Don Pramudwinai Audit Committee Secretary Mr.Prasert Marittanaporn (Acting) We also attach a signed statement providing complete and accurate personal profiles of the 3 members of the committee. 2. A listed company' s Audit Committee, which represents the board of directors, is responsible for the following duties stated on the charter and must report to the board of directors on: 1. To review the Company financial report; 2. To review the Company internal control system; 3. To consider, select and appoint the Company auditor; 4. To review the compliance of the regulation and related laws; 5. To consider the accuracy and completeness of the disclosure of information on the related transaction; 6. To prepare the Audit Committee's report to be included in the Company Annual Report; 7. To take any other actions as designated by the Board of Directors and agreed by the Audit Committee. 3. The period of service for members is as follows: The Audit Committee members shall hold their office for a term of 3 years. A retiring Audit Committee member by rotation is eligible for re-appointment. In case of vacancy on the Audit Committee otherwise than by rotation, the Board of Directors shall appoint any person who is fully qualified to act as an Audit Committee member so as to fulfill the specified member of the Audit committee members. The replacement Audit Committee member shall hold the office only for the remaining term of the Audit Committee member whom he replaces. We hereby confirm these Audit Committee members have the qualifications required by the Stock Exchange of Thailand. Remark : The Audit Committee members will select the Audit Committee Chairman later. Signature. .Authorized Director ( Mr.Plew Trivisvavet) Signature. .Authorized Director ( Mr.Kamthorn Trivisvavet)