SET Announcements

(Translation) No. CK-08-0000-PO-L-0049 April 30, 2008 Re: Notification of Resolutions of the 2008 Annual Ordinary General Meeting of Shareholders Attn.: President of the Stock Exchange of Thailand Reference is made to the fact that CH. Karnchang Public Company Limited held the 2008 Annual Ordinary General Meeting of Shareholders on April 30, 2008 at 9:30 a.m. at the Conference Room on the 4th Floor, No. 587 Viriyathavorn Building, Sutthisarn Road, Dindaeng Subdistrict, Dindaeng District, Bangkok. The 2008 Annual Ordinary General Meeting of Shareholders passed the following resolutions: 1. The Meeting approved the Minutes of the Extraordinary General Meeting of Shareholders No. 1/2007 held on 12 October 2007, with unanimous votes as follows: 863,589,020 favorable vote(s), representing 100.000 percent - unfavorable vote(s), representing - percent - abstaining vote(s), representing - percent 2. The Meeting acknowledged the Company's operational results for the year 2007. 3. The Meeting approved the balance sheet and income statement for the year ended December 31, 2007 which had been reviewed by the Audit Committee and the Board of Directors, and audited by the auditor, with unanimous votes as follows: 863,724,020 favorable vote(s), representing 100.000 percent - unfavorable vote(s), representing - percent - abstaining vote(s), representing - percent 4. The Meeting approved the allocation of profit as legal reserve at the rate of 5 percent of the net profit of the year 2007 in the amount of Baht 24,384,120.75 and the dividend payment for the operational results for the period from July to December 2007 at the rate of Baht 0.15 per share in the amount of Baht 216,901,825.35.The dividend payment is scheduled to be paid on May 30, 2008. Thus, the total amount of dividend payment for the year 2007, including the interim dividend payment for the operational results from January to June 2007 at the rate of Baht 0.05 per share would be at the rate of Baht 0.20 per share, totaling Baht 289,202,433.80.The Meeting approved with majority votes of the total shareholders attending the meeting and casting votes as follows: 861,899,220 favorable vote(s), representing 99.788 percent 1,828,800 unfavorable vote(s), representing 0.212 percent - abstaining vote(s), representing - percent 5. The Meeting approved the appointment of Mr. Vitoon Tejatussanasoontorn, Mr. Thawansak Sukhawun,Mr. P;ew Trivisvavet and Mr. Ratn Santaannop, directors due to retire by rotation, to return to their office for another term, with majority votes of the total shareholders attending the meeting and casting votes to appoint directors on an individual basis as follows: 1. Mr. Vitoon Tejatussanasoontorn 865,166,220 Favorable vote(s), representing 99.927 percent 1,900 unfavorable vote(s), representing 0.000 percent 632,000 abstaining vote(s), representing 0.073 percent 2. Mr. Thawansak Sukhawun 865,648,220 favorable vote(s), representing 99.983 percent 19,990 unfavorable vote(s), representing 0.002 percent 132,000 abstaining vote(s), representing 0.015 percent 3. Mr. Plew Trivisvavet 843,527,800 favorable vote(s), representing 97.428 percent 1,327,700 unfavorable vote(s), representing 0.153 percent 20,944,620 abstaining vote(s), representing 2.419 percent 4. Mr. Ratn Santaannop 865,701,220 favorable vote(s), representing 99.989 percent 1,900 unfavorable vote(s), representing 0.000 percent 97,000 abstaining vote(s), representing 0.011 percent 6. The Meeting approved the remuneration for directors as proposed by the Remuneration Committee,namely, bonus for directors for the year 2007 in the amount of not exceeding Baht 6,409,000 and remuneration for directors for the year 2008 in the amount of not exceeding Baht 7,120,000. The Meeting approved with the votes of more than two-thirds of the total of shareholders attending the meeting as follows: 840,722,200 favorable vote(s), representing 96.448 percent 8,000 unfavorable vote(s),representing 0.001 percent 30,955,420 abstaining vote(s), representing 3.551 percent 7. The Meeting approved the appointment of either Miss Siraporn Ouaanunkun or Mr. Narong Puntawong or Mr. Supachai Phanyawattano, of Ernst & Young Office Limited, as the auditor for the year 2008 with the remuneration of not exceeding Baht 2,150,000, with majority votes of the total shareholders attending the meeting and casting votes as follows: 872,750,320 favorable vote(s), representing 99.995 percent 40,000 unfavorable vote(s), representing 0.005 percent - abstaining vote(s), representing - percent Please be informed accordingly. Very truly yours, - Signature - (Mr. Plew Trivisvavet) Chief Executive Officer