December 4, 2002 The President The Stock Exchange of Thailand The re-appointment of Audit Committee The Board of Directors of Haad Thip Public Company Limited which convened on December 4, 2002, have passed a resolution to re-appoint the Audit Committee whose tenure has ended to resume the office for another term. The re-appointed Audit Committee members are as follows : 1. Mr. Prakit Pradipasen Audit Committee Chairman 2. Mr. Sang Wongprecha Audit Committee Member 3. Mr. Yanyong Maethapanich Audit Committee Member 4. Ms. Nithinart Juntasurat Audit Committee Secretary The Audit Committee will be in office for a term of 3 years, effective as of December 17, 2002 onward. Yours faithfully, for Haad Thip Plc. Sec.Lt. (Phairoch Rattakul) Managing Director Office of Managing Director Tel.0-2392-9984-5 Ext.108