August 29, 2005 The President The Stock Exchange of Thailand Dear Sir, Extraordinary Shareholders Meeting # 1/2005 The Board of Directors of Haad Thip Public Company Limited at the meeting # 3/2548 held on 29th August 2005 passed the following resolutions : 1. Approved the Company to amend the proportion of the foreign shareholding from 20 percent to 35 percent. 2. To consider and approve the amendment to Article 12 (2) of the Company's Articles of Association as follows " Article 12. The Company's shares could be transferred without any restrictions except the followings : (1) Any shares transferred that will cause the company in losing the rights and lawful benefits which the company is legally entitled to. (2) Any shares transferred that will cause the foreign shareholding in the Company in excess of 35 percent of total paid-up share capital. If any share-transferred is found to have foreign holding exceeding the percentage as stated in (2) above; the registrar for shareholders has the right to reject the transfer of the shares." 3. That an Extraordinary Shareholders Meeting # 1/2548 should be held on 22nd September 2005 at 10.00 hrs.at Queen's Park 5 Room, 2nd Floor, the Imperial Queen's Park Hotel, 199 Sukhumvit 22, Bangkok, with the following Agenda for consideration : 3.1 Approval of minutes of the Ordinary General Meeting of Shareholders for the Year 2005. 3.2 Approval of an amendment to Article 12 (2) of the Company's Articles of Association concerning the proportion of the foreign shareholding 3.3 To consider other issues (if any) 4. The date for closing the Company Share Register for the right to attend the Extraordinary Shareholders Meeting # 1/2005 will be September 12, 2005 at 12.00 p.m. 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.0-2391-4488 Ext.108