ข่าวแจ้งตลาดหลักทรัพย์

No. CK-10-0000-PO-L-0004 January 21, 2010 Re: Notification of Resolutions of the Extraordinary General Meeting of Shareholders No. 1/2010 Attention: President of the Stock Exchange of Thailand As CH. Karnchang Public Company Limited ("The Company") held the Extraordinary General Meeting of Shareholders No. 1/2010 on January 20, 2010 at 9:30 a.m. at Supunnika Room on the 4th Floor, No. 587 Viriyathavorn Building, Sutthisarnwinitchai Road, Dindaeng Subdistrict, Dindaeng District, Bangkok. The Extraordinary General Meeting of Shareholders No. 1/2010 passed the following resolutions: 1. Approve the Minute of the 2009 Annual Ordinary General Meeting of Shareholders held on 23 April 2009, with unanimous votes as follows: 740,446,657 favorable vote(s), representing 100.0000 percent 0 unfavorable vote(s), representing 0.0000 percent 0 abstaining vote(s), representing 0.0000 percent 2. Approve the reduction of the Company's registered capital by means of canceling 3,987,831 unissued ordinary shares which accounted for the registered capital of 3,987,831 Baht from the registered capital of 1,450,000,000 Baht to the registered capital of 1,446,012,169 Baht which is equivalent to the paid-up capital of which this agenda should have an approval resolution with the votes of not less than three-fourth of the total of shareholders attending the meeting and casting votes. The Shareholder Meeting therefore had an approval resolution with unanimous votes as follows: 740,543,657 favorable vote(s), representing 100.0000 percent 0 unfavorable vote(s), representing 0.0000 percent 0 abstaining vote(s), representing 0.0000 percent 1 3. Approve the amendment of Clause 4 of the Company's Memorandum of Association in accordance with the reduction of the Company's registered capital as follows; "Clause 4. Registered Capital 1,446,012,169 Baht Divided into 1,446,012,169 Share Par value per share 1 Baht Divided into Ordinary shares 1,446,012,169 Share Preferred shares - Share" of which this agenda should have an approval resolution with the votes of not less than three-fourth of the total of shareholders attending the meeting and casting votes. The Shareholder Meeting therefore had an approval resolution with unanimous votes as follows: 749,756,557 favorable vote(s), representing 100.0000 percent 0 unfavorable vote(s),representing 0.0000 percent 0 abstaining vote(s), representing 0.0000 percent 4. Approve the increase of the Company's registered capital by 206,573,167 Baht from the registered capital of 1,446,012,169 Baht to the registered capital of 1,652,585,336 Baht by means of the issuing 206,573,167 ordinary shares with par value of 1 Baht. The Company will use the proceeds received from this capital increase to support the Company's business expansion and working capital in the business operation of which this agenda should have an approval resolution with the votes of not less than three-fourth of the total of shareholders attending the meeting and casting votes. The Shareholder Meeting therefore had an approval resolution with unanimous votes as follows: 750,704,369 favorable vote(s), representing 100.0000 percent 0 unfavorable vote(s), representing 0.0000 percent 0 abstaining vote(s), representing 0.0000 percent 5. Approve the allotment of 206,573,167 ordinary shares. The details of the allotment are as follows: Allot 206,573,167 ordinary shares (two hundred and six million five hundred seventy three thousand one hundred and sixty seven shares) to existing shareholders in proportion to their shareholding (Right Offering) to shareholders who have the right to subscribe for the share allotment by right offering as whose names recorded in the Record Date for the right to subscribe 2 for the share allotment by right offering on February 5, 2010 and to collect the shareholder list in compliance with Section 225 of the Securities and Exchange Act by closing the share register for suspension of share transfer on February 8, 2010 at the offering ratio of 7 existing ordinary shares to 1 new ordinary share while fraction of shares shall be discarded. The offering price shall be discounted by 15% from the weighted average price during the 15 working days prior to the date of the Board of Directors' Meeting, which is 5.34 Baht. The subscription and payment period shall be on February 22-26, 2010. The existing shareholders are entitled to subscribe for the share allotment by right offering in excess of their entitlements. The Company shall allot the remaining share from the entitled share subscription to shareholders who subscribe in excess of their entitlements by pro-rata until there are no share remaining or no shareholder subscribe for such shares in accordance with the following rules: 1) The existing shareholders are entitled to subscribe for the share allotment by right offering in excess of their entitlements provided that they must subscribe and pay for the shares in excess of their entitlements at the same time when they subscribed for the shares to which they are entitled to at the same price offered to the existing shareholders. 2) In case the amount of shares that shareholders subscribe in excess of their entitlements is more than the amount of remaining shares, the remaining shares shall be allotted to shareholders who subscribe in excess of their entitlement and pay for the shares by pro-rata to all shareholders who subscribe in excess of their entitlement in accordance with their shareholding until there are no share remaining. The Company shall refund the payment for unalloted shares to shareholders with no interest within 14 days of the last subscription date. 3) In case the amount of shares that shareholders subscribe in excess of their entitlements is less than the amount of remaining shares, the remaining shares shall be allotted to all shareholders who subscribe in excess of their entitlement. 4) In case there are remaining shares from the share subscription, the Board of Directors and/or any person(s) authorized the Board of Directors with the authority to offer the remaining shares to the investors by way of private placement including institutional investors and/or investors with specific characteristic at any price that the Board of Director deems appropriated but the price must not be lower than the price offers to existing shareholders in compliance with 3 the notification of the Capital Market Supervisory Board TorChor 28/2008. The offer can be made from time to time or at one time. If the person that the Company offered to sell shares is the connected person of the Company, the Company must comply with the regulation of the Stock Exchange of Thailand regarding connected transaction prior to the share offering, with unanimous votes as follows: 750,859,269 favorable vote(s), representing 100.0000 percent 0 unfavorable vote(s), representing 0.0000 percent 0 abstaining vote(s), representing 0.0000 percent 6. Approve the amendment of Clause 4 of the Company's Memorandum of Association in accordance with the increase of the Company's registered capital as follows; "Clause 4. Registered Capital 1,652,585,336 Baht Divided into 1,652,585,336 Share Par value per share 1 Baht Divided into Ordinary shares 1,652,585,336 Share Preferred shares - Share" of which this agenda should have an approval resolution with the votes of not less than three-fourth of the total of shareholders attending the meeting and casting votes. The Shareholder Meeting therefore had an approval resolution with unanimous votes as follows: 750,859,269 favorable vote(s), representing 100.0000 percent 0 unfavorable vote(s), representing 0.0000 percent 0 abstaining vote(s), representing 0.0000 percent Please be informed accordingly. Very truly yours, - Signature - (Mr. Plew Trivisvavet) Chief Executive Officer 4