March 20, 2001 The President The Stock Exchange of Thailand 62 The Stock Exchange of Thailand Building Ratchadapisek Road, Klongtoey, Bangkok 10110, Thailand Dear Sir, Announce Annual Dividend Payment and The Ordinary Shareholders Meeting The board of directors of Haad Thip Public Company Limited at the meeting 1/2001 held on 20th March 2001 passed the following resolutions :- 1. To pay dividend of 2000 operating year to shareholders totaling 16,601,500 shares, at Baht 3.25 per share. The company has already paid interim dividend of Baht 1.50 per share on 17th November 2000 for the results of operating for in the first haft of 2000, and the remaining dividend Baht 1.75 per share will be paid on 15th May 2001. 2. That an ordinary general meeting of shareholders Year 2001 should be held on 24th April 2001 at 14.00 hrs. at Queen's Park room 4, the Imperial Queen's Park Hotel, 199 Sukhumvit 22, Bangkok, having the following Agenda for consideration: 2/ - 2 - . 2.1 Approval of the minutes of the Ordinary General Meeting of Shareholders for the Year 2000 held on 26th April 2000 . 2.2 Certify the company's annual report and the board of directors' report for the Year 2000. 2.3 Approval of the company's Balance Sheet and the Income Statement as of December 31,2000 already audited by the External Auditors. 2.4 Consider the allocation of net profit for Legal Reserves,General Reserves, and dividend payment for the Year 2000' s operational results. 2.5 Appoint new directors to succeed those completing their terms, and approve their remuneration for the Year 2001. 2.6 Appoint external auditors and approval of auditing fees for the Year 2001. 2.7 Consider other issues (if any) 3. That the date for closing the company share register for the right to receive the dividend and to attend the ordinary general meeting of shareholders for the Year 2001 will be on April 3,2001 at 12.00 pm.until the meeting comes to the end. 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