March 30, 2005 The President The Stock Exchange of Thailand Dear Sir, Resolutions Passed at Shareholders' Meeting for the Year 2005 Resolutions were made on a Shareholders'Ordinary Meeting on March 30, 2005 at Queen's Park 4 Room on the 2nd floor of the Imperial Queen's Park Hotel,Bangkok. The resolutions are as follows : 1.To certify the minutes made at an Ordinary Shareholders' Meeting for the Year 2004 which was held on Monday, March 26, 2004. 2.Report on the Company's business results for the Year 2004. 3.To approve the Balance Sheet and Profit and Loss Account for the period ended December 31, 2004 after they had been audited and had been considered by the auditing committee. 4. To approve the dividend payment of 2004 operating year at Baht 0.27 per share,of which an interim payment had been made on September 21,2004 at Baht 0.15 per share. The remaining dividends of Baht 0.12 per share is to be paid on April 21, 2005 to the shareholders whose names appear in the Share Register Book as of March 17, 2005 at 12.00 p.m. 5. To re-appoint the directors whose tenure have ended and appoint a new Member of the Board of Directors. 5.1 To appoint Miss Lilly Manabhongse as a new Board Member of the Board of Directors replacing Mr.Sang Wongprecha, who has resigned, and will hold the service for the remaining of the term of Mr.Sang Wongprecha. 5.2 The directors whose tenure has ended are the following : 1. Pol.Lt.Gen.Koson Limpichart 2. Pol.Maj.Gen.Chamtoon Savasti-Xuto 3. Miss Smornluk Mahasmiti 4. Mrs.Pariya Chirabandhu 5.3 The directors being re-appointed are the following : 1. Pol.Lt.Gen.Koson Limpichart 2. Pol.Maj.Gen.Chamtoon Savasti-Xuto 3. Miss Smornluk Mahasmiti 4. Mrs.Pariya Chirabandhu 5.4 The members of the new Board of Directors are : 1. Gen.Charan Kullavanijaya Chairman 2. Sec.Lt.Phairoch Rattakul Managing Director 3. Mr.Prakit Pradipasen Chairman of Audit Committee 4. Mr.Yanyong Maethapanich Auditing Director 5. Pol.Lt.Gen.Koson Limpichart Director 6. Pol.Maj.Gen.Chamtoon Savasti-Xuto Director 7. Mrs.Yupares Thiengtham Director 8. Miss Smornluk Mahasmiti Director 9. Miss Osarit Amartayakul Director 10. Mrs.Pariya Chirabandhu Director 11. Col.Patchara Rattakul Director 12. Miss Lily Manabhongse Director The authorised signatures of the company are " Sec.Lt.Phairoch Rattakul, Managing Director, signature accompanied with the company seal or two out of four signatures from Miss Smornluk Mahasmiti, Miss Osarit Amartayakul, Mrs.Pariya Chirabandhu, Miss Lilly Manabhongse, accompanied with the company seal" 6. To approve the director's remuneration as follows : (a) Directors'fees for attending meeting :Baht 8,000.00/person/meeting (b) Directors' fees :Baht 400,000.00 per year 7. To appoint auditors and fix audit fees for the period ending December 31, 2005 as follows : 7.1 Mr.Viroj Jindamaneepitak, Registration No.3565 and/or Mr.Vichien Thamtrakul,Registration No.3183 and/or Mr.Pisit Chiwaruangroch,Registration No.2803 and/or Ms.Tipsuda Chumnanvanichkul,Registration No.3377 of KPMG Phoomchai Audit Ltd. 7.2 To approve the regular audit fees for the Year 2005,an amount of Baht 730,000.00 (seven hundred and thirty thousand Baht) 8. Other Matters - None - Yours faithfully, for Haad Thip Plc. Sec.Lt (Phairoch Rattakul) Managing Director Office of the Managing Director Tel.0-2391-0108 Ext.108