November 30, 2005 The President The Stock Exchange of Thailand Dear Sir, The re-appointment of Audit Committee and appoint new Board Members The Board of Directors' Meeting of Haad Thip Public Company Limited No.4/2005 held on November 30, 2005, passed the resolutions as follows : 1. To re - appoint the Audit Committee whose tenure has ended to resume the office for another term. The re-appointed Audit Committee members are as follows: 1. Mr.Prakit Pradipasen Audit Committee Chairman 2. Mr.Yanyong Maethapanich Audit Committee Member 3. Ms.Osarit Amatayakul Audit Committee Member 4. Ms.Nithinart Juntasurat Audit Committee Secretary The Audit Committee will be in office for a term of 3 years,effective as of December 18, 2005 onward. 2. To appoint new Board Members of the Board of Directors as follows : 2.1 To appoint Mr.Philipp Hugo Gutsche as new Board Member of the Board of Directors replacing Miss Smornluk Mahasmiti who has resigned.Mr.Gutsche will hold the service for the remaining term of Miss Smornluk Mahasmiti. 2.2 To appoint M.L.Dhisana Sritavaj as new Board Member of the Board of Directors replacing Pol.Maj.Gen.Chamtoon Savasti-Xuto who has resigned. M.L.Dhisana will hold the service for the remaining term of Pol.Maj.Gen.Chamtoon Savasti-Xuto. 3.To approve the authorized signatures of the company as follows : " Sec.Lt.Phairoch Rattakul, Managing Director, signature accompanied with the company's seal or Mrs.Pariya Chirabandhu co-signed with Miss Lilly Manabhongse, accompanied with the company's seal" Please be informed accordingly. Yours faithfully, For Haad Thip Plc. Sec.Lt. (Phairoch Rattakul) Managing Director Office of the Managing Director Tel.0-2391-4488 Ext.108