INFORM OF RESOLUTIONS ADOPTED OF THE 31 AGM

( Translation ) No. 059/1998 October 22, 1998 Re : Inform of Resolutions Adopted of the 31st AGM of Shareholders To : Director of Listed Company Department Stock Exchange of Thailand The resolations of the meeting of shareholders adopted at 31st Annual General meeting on October 22, 1998 are as follows : 1. Approved the minutes of 30th AGM of Shareholders held on October 31, 1997. 2. Approved the Annual Report of the Board of Directors dated June 30, 1998. 3. Approved the Balance Sheet and the Profit and Loss Account of the Company for the fiscal year ending June 30, 1998. 4. Approved the omission of payment of final dividend for fiscal year ended June 30, 1998. 5. Approved the change of the Company's fiscal year from July 1 to June 30 change to January 1 to December 31 of every year. Article 33. " The fiscal year of the Company shall start on January 1st to December 31st of every year " 6. Approved the reinstatement of four directors as follows : 1. Mr. Yongyut Boonpektrakul 2. M.L Usni Pramoj 3. Mr. Woo Heng Choon 4. Mr. Sinniah Ramanathan 7. Approved the re-appointment of PricewaterhouseCoopers Limited to be the Company's Auditor whereby any of these five auditors : 1. Mr. Suchart Luengsuraswat CPA No. 2807 2. Mrs. Nattaporn Phan-Udom CPA No. 3430 3. Mrs. Unakorn Phruithithada CPA No. 3257 4. Mr. Soontorn Dentham CPA No. 3340 5. Ms. Wimon Chiamchittrong CPA No. 3365 There are authorized to audit the Company and sabmit the report of auditor for the fiscal year ended December 31, 1998. The remuneration for the auditor will not exceed Baht 240,000.- Respectfully Singer Thailand Public Company Limited ( Mr. Sophon Pholvilai ) Director