April 23, 2007 The President The Stock Exchange of Thailand Dear Sir, Resolutions Passed at Annual General Shareholders Meeting for the Year 2007 Resolutions were made on a Annual General Meeting of Shareholders on April 23, 2007 at 14.30 hrs.at Queen's Park Room 3, 2nd Floor, The Imperial Queem's Park Hotel, 199 Soi 22 Sukhumvit Road, Bangkok 10110, to consider the following agenda: 1. Certified the minutes made at the Annual General Meeting of Shareholders for 2006 which was held on Monday, April 24, 2006 with the following votes: - Approve 85,141,469 votes - Disapprove 0 votes - Abstain 0 votes 2. Acknowledged results of business operation of the Company for 2006. 3. Approved the Company's Balance Sheet and Income Statement for the fiscal year ended December 31, 2006 after they had been audited and had been considered by the auditing committee with the following votes: - Approve 85,141,469 votes - Disapprove 0 votes - Abstain 0 votes 4. Approved the appropriation of profit and the payment of dividend for the 2006 as follows: 4.1 The appropriation of profit as General Reserves 6 million Baht which brings the total General Reserve up to 35 million Baht. 4.2 Dividend payment for the operational results in 2006 at the rate of Baht 0.24 per share. Since the Company made payment of an interim dividend for the results of business operation in the first half year at the rate of Baht 0.12per share on 29th September 2006, the last installment of the dividend payment at the rate of Baht 0.12 per share remains and will be paid to the shareholders whose names appear in the share register book as at 30th April 2007 at 12.00 p.m. The date of dividend payment is 15th May 2007. Such resolution was adopted with the following votes: - Approve 85,141,469 votes - Disapprove 0 votes - Abstain 0 votes 5. Re-elected Sec.Lt. Phairoch Rattakul, Mrs. Yupares Thiengtham, Miss Osarit Amatayakul,and Miss Lilly Manabhongse as the directors with the following votes: Names Approve Disapprove Abstain (votes) (votes) (votes) 1.Sec.Lt.Phairoch Rattakul 85,141,469 0 0 2.Mrs.Yupares Thiengtham 85,141,469 0 0 3.Miss Osarit Amatayakul 85,141,469 0 0 4.Miss Lilly Manabhongse 85,141,469 0 0 Thus, the members of the new Board of Directors are: 1.Gen Charan Kullavanijaya Chairman 2.Sec.Lt.Phairoch Rattakul Authorized Director 3.Mrs.Pariya Chirabandhu Authorized Director 4.Miss Lilly Manabhongse Authorized Director 5.Mr.Prakit Pradipasen Chairman of Audit Committee/Independent Director 6.Mr.Yanyong Maethapanich Audit Director/Independent Director 7.Miss Osarit Amatayakul Audit Director/Independent Director 8.Mr.Philipp Hugo Gutsche Director 9.Mr.Martin Jansen Director 10.Mrs.Yupares Thiengtham Director 11.Miss Smornluk Mahasmiti Director 12.Col.Patchara Rattakul Director 13.M.L.Dhisana Sritavaj Director 6. Approved the directos' remuneration at the same rate as 2006, is as follows: - Directors' meeting allowance Baht 8,000 /person/time - Directors' gratuity Baht 400,000 /annum - Remuneration of Audit Committee Baht 80,000 /annum With the following votes: - Approve 49,395,629 votes (excluding the shares that holding by Directors) - Disapprove 0 votes - Abstain 0 votes 7. Appointed Miss Kalyarat Chaivorapongsa, Registration No.3460 or Mr.Charoen Phosamritlert, Registration No.4068 or Mr.Vichien Thamtrakul, Registration No.3183 of KPMG Phoomchai Audit Ltd.as the Company's auditors for the fiscal period ended 31st December 2007 with the remuneration in the amount of Baht 880,000 with the following votes: - Approve 85,141,469 votes - Disapprove 0 votes - Abstain 0 votes 8. Other Matters - None - Please be informed accordingly, Yours faithfully, For Haad Thip Plc. Sec.Lt. (Phairoch Rattakul) President & CEO Office of the Managing Director Tel.0-2391-4488 Ext.103