March 22, 2000 The President The Stock Exchange of Thailand 62 The Stock Exchange of Thailand Building Rachadapisek Road, Klongtoey, Bangkok 10110 Thailand Dear Sir, Resolutions of Board of Haad Thip Public Company Limited at The Meeting 1/2000 The board of directors of Haad Thip Public Company Limited at the meeting 1/2000 held on 22 th March 2000 from 14.00 hrs. to 15.45 hrs. passed the following resolutions : 1.To pay dividend of 1999 operating year to shareholders totaling 16,601,500 shares,at Baht 2.00 per share. The company has already paid interim dividend of Baht 1.00 per share on 18th January 2000 for the results of operating period from 1st January to 30th September 1999 and the remaining dividend Bath 1.00 per share will be paid on 15th May 2000. 2.That an ordinary general meeting of shareholders Year 2000 should be held on Wednesday 26th April 2000 at 14.00 hrs.at Queen's Park room 4, the Imperial Queen's Park Hotel, 199 Sukhumvit 22, Bangkok. 3.That the date for closing the company share register for the right to receive the dividend and to attend the meeting will be on 5th Wednesday, April 2000 at 12.00 hrs. Yours faithfully, for Haad Thip Public Company Limited Sec.Lt. (Phairoch Rattakul) Managing Director Office of the Managing Director Tel. 392-9984-5 Ext. 108