SET Announcements

(Translation) No. CK-09-0000-PO-L-0014 February 27, 2009 Re: Scheduling of the 2009 Annual Ordinary General Meeting of Shareholders and Declaration of Dividend Payment Attn.: President of the Stock Exchange of Thailand CH. Karnchang Public Company Limited hereby notifies the resolutions of the Board of Directors'Meeting No. 1/2009 which was held on February 27, 2009, as follows: 1. That the balance sheet and income statement for the year ended December 31, 2008 be approved to be proposed to the 2009 Annual Ordinary General Meeting of Shareholders. 2. That the 2009 Annual Ordinary General Meeting of Shareholders be held on April 23, 2009 at 9:00 a.m. at Supunnika Room on the 4th Floor, No. 587 Viriyathavorn Building, Sutthisarn Road, Dindaeng Subdistrict, Dindaeng District, Bangkok. In this regard, March 16, 2009 shall be the record date for the right to attend the 2009 Annual Ordinary General Meeting of Shareholders, and the list of shareholders shall be collected pursuant to Section 225 of the Securities and Exchange Act by closing the share register book for suspension of share transfer on March 17, 2009. That May 4, 2009 be the record date for the right to receive dividend payment for the operational results for the year 2008, and the list of shareholders shall be collected pursuant to Section 225 of the Securities and Exchange Act by closing the share register book for suspension of share transfer on May 6, 2009, and if approved by the Ordinary General Meeting of shareholders, the Company shall make dividend payment on May 22, 2009. 3. That the agenda for the 2009 Annual Ordinary General Meeting of Shareholders be determined as follows: Item 1 To consider and approve the Minutes of the 2008 Annual Ordinary General Meeting of Shareholders Opinion of the Board: It was deemed appropriate to approve the Minutes of the 2008 Annual Ordinary General Meeting of Shareholders. Item 2 To consider and acknowledge the Company's operational results for the year 2008 Opinion of the Board: It was deemed appropriate to report the Company's operational results to the Meeting Shareholders acknowledgement without passing any resolution. Item 3 To consider and approve the balance sheet and income statement for the year ended December 31, 2008 Opinion of the Board: It was deemed appropriate to propose to the Meeting of shareholders to approve the balance sheet and income statement for the year ended December 31, 2008 which had been reviewed by the Audit Committee and the Board of Directors, and audited by the auditor. Item 4 To consider and approve the allocation of profit Opinion of the Board: It was deemed appropriate to propose to the Meeting of shareholders to approve the allocation of profit as legal reserve at the rate of 5 percent of the net profit of the year 2008, in the amount of Baht 4,935,294.41 and the dividend payment for the operational results for the year 2008 at the rate of Baht 0.10 per share in the amount of Baht 144,601,216.90 Item 5 To consider and elect directors to replace those due to retire by rotation Opinion of the Board: It was deemed appropriate to propose that matter to the Meeting of shareholders to re-elect Mr. Don Pramudwinai, Mr. Prasert Marittanaporn, Mr. Sombat Kitjalaksana and Mr. Anukool Tuntimas, directors due to retire by rotation, to return to their office for another term as proposed by the Nomination Committee. Item 6 To consider and determine remuneration for directors Opinion of the Board: It was deemed appropriate to propose the matter to the Meeting of shareholders to approve the remuneration for directors as proposed by the Remuneration Committee, namely, bonus for the year 2008 for directors in the amount of not exceeding Baht 6,859,000 and remuneration for directors for the year 2009 in the amount of not exceeding Baht 7,500,000. Item 7 To consider and appoint auditor and determine remuneration for the year 2009 Opinion of the Board: It was deemed appropriate to propose to the Meeting of shareholders should appoint either Miss Siraporn Ouaanunkun or Mr. Narong Puntawong or Mr.Supachai Phanyawattano, of Ernst & Young Office Limited, as the Company's auditor for the year 2009 with the remuneration of not exceeding Baht 2,300,000. Item 8 To consider other matters (if any) Please be informed accordingly. Very truly yours, - Signature - (Mr. Plew Trivisvavet) Chief Executive Officer 3