SET Announcements

(Translation) No. CK-00-0000-HRL-L-0117 29 February 2000 Subject : Notification of the Resolution of the Board of Directors Meeting No.1/2000 1/2000 and the closing date of the share register for suspension of the share transfer to establish the right to attend the 2000 Annual Ordinary General Meeting of shareholders To : President of the Stock Exchange of Thailand With reference to the fact that CH. Karnchang Public Company Limited held the Board of Directors Meeting No.1/2000 at 16.30 hours on the 29th of February 2000 at the conference Room on the 6th Floor of the Head Office of CH. Karnchang Public Company Limited , No.587 Sutthisarn Road, Dindaeng Sub-district, Dindaeng District, Bangkok, the Board of Directors Meeting resolved on the matters as follows: 1. The Minutes of the Board of Directors Meeting No. 5/1999 be approved. 2. The Company's proposed balance sheet and income statement as of the 31st of December 1999 be approved and delivered to the shareholders so as to be presented to the 2000 Annual Ordinary General Meeting of Shareholders for further consideration and approval. 3. The 2000 Annual Ordinary General Meeting of Shareholders be fixed to be held on Friday 28th of April 2000 at 9.30 hours at the Emerald Hotel Bangkok. 4. Agenda of the Meeting be Fixed as follows: Agenda 1 To consider and approve the Minutes of the Extra Ordinary General Meeting of Shareholders No.1/2542 Opinion of the Board : That the Minutes of the Extra Ordinary General Meeting of Shareholders No.1/2542 should be approved. Agenda 2 To acknowledge the Company's operations throughout the year 1999 Opinion of the Board : That the Company's operations throughout the year 1999 should be acknowledged. Agenda 3 To consider and approve the balance sheet and income statement for the year which ended on the 31st of December 1999 Opinion of the Board : That the audited balance sheet and income statement should be approved. Agenda 4 To consider and approve the profit appropriation Opinion of the Board : That the profit appropriation should be deferred in light of operating losses. Agenda 5 To consider election the directors in place of those retired by rotation Opinion of the Board : That the Meeting should election the new directors as directors to replace those who retire by rotation and should appoint director whose tenure has ended being re- appointed. Agenda 6 To consider fixing the remuneration for directors. Opinion of the Board : That the remuneration for the directors for the year 2000 should be fixed. Agenda 7 To consider appointing the auditor and fixing the remuneration. Opinion of the Board : That the company's auditor for the year 2000 should be appointed and the remuneration should be fixed as the Board proposed. Agenda 8 To consider other matters (if any) 5. The Meeting had resolution to appoint Mr.Thawansak Sukhawun the director and the audit committee. 6. The closing date of the share register for suspension of the share transfer to establish the right to attend the 2000 Annual Ordinary General Meeting of Shareholders be fixed on the 7th of April 2000 at 12.00 hours until such time as the 2000 Annual Ordinary General Meeting of Shareholders is adjourned. Please be informed accordingly, Respectfully -Signature - (Mr.Plew Trivisvavet) Managing Director Agenda 5 To consider nominating a person to be eiected as directors in place of those who vacate offices. Opinion of the Board : That the Meeting should nominate and elect appropriate persons as directors as directors to replace those who retire by rotation pursuant to the Articles of Association and also to replace the directors who would vacate offices for any other reasons in the number specified and nominated by the shareholders for clection. Agenda 6 To consider fixing the directors who have the power to sign on behalf of the company. Opinion of the Board : That the directors who have the power to sign on behalf of the company should be fixed as the Board proposed.