27 November 2008

Report on Names of Members & Scope of Audit Committee

F 24-1 Form For Report on Names of Members and Scope of Performance of the Audit Committee The Board of Directors Meeting No.172nd of the Singer Thailand Public Company Limited held on November 12, 2008 resolved the meeting's resolutions in the following manners: ( ) Appointment of the audit committee/Renewal for the term of audit committee: ( ) Chairman of the audit committee ( ) Member of the audit committee As follows: (1)..................-................................ (2)..................-................................ (3)..................-................................ The appointment/renewal of which shall take an effect as of......... (/) Determination/Change in the scope of duties and responsibilities of the audit committee with the following details: To amend the Charter of the Audit Committee to be in line with the regulation of the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand by revising the scopes authorities, duties and responsibilities of the Audit Committee which are shown in the below of this form. The determination/change of which shall take an effect as of November 12th, 2008 The Audit Committee Members are as follows: 1. Chairman of the Audit Committee Mr.Udom Chatiyanonda (Remaining of service=1 year 6 Months) 2. Member of the Audit Committee Mr.Sara Lamsam (Remaining of service=1 year 6 Months) 3. Member of the Audit Committee Mr.Christopher John King (Remaining of service=1 year 6 Months) Secretary to the Audit Committee Mr.Vorawoot Anankittipong The audit committee number (s) 1 has adequate expertise and experience to review creditability of the financial reports. The audit committee of the company has the scope of duties and responsibilities to the Board of Directors on the following matters: 1. Review the Company's financial reporting process to ensure accuracy and adequacy. 2. Ensure the suitability and effectiveness of internal control and internal audit procedures,and determine the internal audit office's independence, as well as to approve the appointment, rotation and removal, and performance development and appraisal of the Chief of Internal Audit. 3. Ensure compliance with securities and exchange laws, SET regulations, and relevant laws. 4. Consider, screen and nominate the Company's external auditor and also recommend remuneration of such external auditor, as well as meeting with the external auditor without management team at least once a year. 5. Consider the accurate and complete disclosure of Company information in case of connected transactions or potential conflicts of interest to ensure such information is reasonable and profitability for the company. 6. Prepare a report on the Committee's supervision of business for disclosure in the annual report, to be signed by Chairman of the Audit Committee and will contain the information following by regulation of the Stock Exchange of Thailand. 7. Perform tasks assigned by the Board and with the approval of the Committee. The company hereby certifies that 1. The qualifications of the aforementioned members meet all the requirements of the Stock Exchange of Thailand; and 2. The scope of duties and responsibilities of the audit committee as stated above meet all the requirements of the Stock Exchange of Thailand Yours Sincerely, Singer Thailand Public Company Limited (Mr.Daniel Michel Philiponet) (Mr.Sophon Pholvilai) Managing Director Director