March 5, 2008 The President The Stock Exchange of Thailand Dear Sir, Suspension of Dividend Payment and Annual General Meeting of Shareholders The Board of Directors of Haad Thip Public Company Limited at the meeting 1/2008 held on 5th March, 2008 passed the following resolutions:- 1. To approve that the suspension of dividend payment for the operating results of the year 2007. 2. To re-elect Mr.Philipp Hugo Gutsche, Ms.Smornlux Mahasmiti, Mrs.Pariya Chirabandhu and M.L. Dhisana Sritavaj as Board Members for another term and appoint Mrs.Pariya Chirabandhu as company secretary. 3. To appoint Mr.Vichien Thamtrakul, registration No.3183 or Mr.Charoen Phosamritlert, registration No.4068 of KPMG Phoomchai Audit Ltd. as the Company's Auditor for the year 2008 with the audit fee of 960,000.00 Baht per annum. 4. That an Annual General Meeting of shareholders Year 2008 be held on 21th April 2008 at 14.30 PM. at Rembrandt III on 2nd Floor. Rembrandt Hotel Bangkok, 19 Sukhumvit 18, Sukhumvit Road, Klongtoey, Bangkok 10110 Thailand, with the following Agenda for consideration: 4.1 To consider and adopt the minutes of the Annual General Meeting of Shareholders for the year 2007 4.2 To consider and acknowledge the company's operating results for the year 2007 4.3 To consider and approve the audited Balance Sheet and Income Statements for the year ended December 31, 2007 4.4 To consider and approve the suspension of dividend payment for the year 2007 operational results. 4.5 To consider and elect new directors to replace the retiring directors and approve directors' remuneration. 4.6 To consider and appoint the Company' external auditors and approve audit fee for the Year 2008. 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 2008 will be April 1, 2008 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