PAYMENT OF DIVIDEND AND CALLING OF SHAREHOLDERS' MEETING

(Translation) H.T. 006/2001 February 26, 2001 To: Managing Director The Stock Exchange of Thailand Subject : Payment of Dividend and Calling of Shareholders' Meeting The resolution of the Board of Directors adopted at 138th Board of Directors Meeting on February 26, 2001 are as follows: 1. Resolved that the report of Management was approved and the audited financial statements for fiscal year ended 31st December 2000 was acknowledged for submission to the shareholders meeting for approval by the shareholders. 2. Accepted the resignation of Mr. Sinniah Ramanathan. Approved the appointment of Mr. John P. Cannon as the new Director. 3. Resolved that the Board recommend the Shareholders meeting to approve the final dividend payment for the fiscal year ended December 31, 2000 will be baht 1.90 per share (27 million shares) and will be paid to shareholders on May 10, 2001. Closing date of the share register book for the right to receive the dividend and to attend the meeting will be on March 21, 2001 at 12.00 p.m. until the adjournment of the Annual General Meeting of Shareholders. 4. Resolved to call the Annual General Meeting of Shareholders No 34th to be held on Tuesday April 10, 2001 at The Regent Hotel, Regent 3 Room, No. 155 Rajadamri Road, Khet Pathumwan, Bangkok, Thailand, at 2:30 p.m. with the following agenda:- 1st Agenda Certify the minutes of the Annual General Meeting of Shareholders No 33rd 2nd Agenda Acknowledge the Board of Directors' report on the Company's operations during the year 2000. 3rd Agenda Approval of balance sheet and the profit and loss statement for the year ended December 31, 2000. 4th Agenda Consideration of final dividend payment. 5th Agenda Consideration of election of directors to replace the directors who retired by rotation. 6th Agenda Consideration of the remuneration of the company directors. 7th Agenda Appoint auditors and fix the auditors' fee for the year 2001. Your sincerely,