March 13, 2007 The President The Stock Exchange of Thailand Dear Sir, Dividend Payment and Annual General Meeting of Shareholders The Board of Directors of Haad Thip Public Company Limited at the meeting 1/2007 held on 13th March, 2007 passed the following resolutions:- 1. To approve that the dividend payment for the operating results of the year 2006 be paid at the rate of Baht 0.24 per share. The company has already paid interim dividend at the rate of Baht 0.12 per share on 29th September 2006 for the results of operation for the first half of 2006, and will pay the remaining dividend at the rate of Baht 0.12 per share on May 15, 2007 to shareholders with names registered in the Register of Shareholders on April 30, 2007 at 12.00 hrs. 2. To reappoint Sec.Lt. Phairoch Rattakul, Mrs. Yupares Thiengtham, Ms. Lilly Manabhongse and Ms. Osarit Amatayakul as Board Members for another term. 3. To appoint 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 Auditor for the year 2007 with the audit fee of 880,000.00 Baht per annum. 4. That an Annual General Meeting of shareholders Year 2007 be held on 23 th April 2007 at 14.30 PM. at Queen's Park 3 on 2nd Floor. The Imperial Queen's Park Hotel, 199 Sukhumvit 22, Bangkok, with the following Agenda for consideration : 4.1 Approval of the minutes of the Annual General Meeting of Shareholders for the Year 2006 4.2 To acknowledge the report on the Year 2006 operational results of the Company. 4.3 Approval of the Company's Balance Sheet and Income Statement as of December 31, 2006 as already audited by the External Auditors. 4.4 Approval of dividend payment for the year 2006 operational results. 4.5 Appoint directors to succeed those completing their terms. 4.6 Appoint External Auditors and approval of auditing fees for the Year 2007. 4.7 Other issues (if any). 5. The date for closing the Company Share Register for the right to attend the Annual General Meeting of shareholders for the Year 2007 will be April 3, at 12.00 p.m. until the meeting comes to the end. The Company will extend the invitation to the shareholders to attend the company shareholders meeting on the website www.haadthip.com, 30 days before the meeting. Yours faithfully, For Haad Thip Public Company Limited Sec.Lt. (Phairoch Rattakul) President & CEO Office of the Managing Director Tel. 0-2391-4488 Ext. 103 1 1