SET Announcements

No. CK-01-0000-HRL-L-1052 12 December 2001 Subject : Notification of the Resolution of the Board of Directors Meeting No.4/2001 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.4/2001 at 10.00 am. on the 11st of December 2001 at the conference Room on the 6th Floor of the Head Office of CH. Karnchang Public Company Limited, No. 587 Viriyathavorn Bldg., 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. 3/2001 be approved. 2. The Meeting have approved CH.Karnchang Public Company Limited sell shares of Bangkok Metro Company Limited to person and/or juristic person of 14,909,994 shares having a par value of Baht 25 each in the total number of Baht 372,749,850 (Three hundred seventy-two million and seven hundred forty-nine thousand and eight hundred fifty Baht) which has been divided for sell to Bangkok Expressway Public Company Limited of 3,000,000 shares having a par value of Baht 25 in the amount of Baht 75,000,000 (Seventy- five million Baht), the Executive Board of Directors shall be the authorized person to consider and approve on the terms and conditions of the rest of 11,909,994 shares in order to offer to sell those shares to person and/or juristic person. Bangkok Metro Company Limited has the registered capital of 2,000,000,000 Baht divided into 20,000,000 shares having a par value of 100 Baht each and paid up at 25 Baht per share, Bangkok Metro Company Limited has amount of shares held by CH.Karnchang Public Company Limited 17,909,994 shares or 89.55 % of the registered capital. Having implemented to sell such an amount of shares to Bangkok Expressway Public Company Limited, inclusive of other person and/or juristic person, CH.Karnchang Public Company Limited is the shareholder of Bangkok Metro Company Limited in the amount of 3,000,000 shares or 15 % of the registered share capital. Please be informed accordingly, Respectfully (Mr.Prasert Marittanaporn) Executive Vice President Accounting and Finance