SET Announcements

(Translation) Ref. SS./ 0292 /2003 30 April 2003 Subject : Report the resolution at the Annual General Meeting of the Company's Shareholders, # 8/2003 of Sansiri Public Company Limited. To : President The Stock Exchange of Thailand The Annual General Meeting of the Company's Shareholders, # 8/2003 of Sansiri Public Company Limited held on 30 April 2003 at Vendome 2 Room, Sofitel Silom Hotel, Silom Road, Silom, Bangrak, Bangkok 10500 has passed the following resolutions: 1. To certify the Minutes of the Extraordinary Meeting of Shareholders, # 2/2002, held on 18 November 2002 2. To approve the Company's annual report and the board of directors' report of the work done for the period of 2002. 3. To approve the Company's balance sheets, profit and loss statements, and cash flow statements which have been audited by the auditor of the Company as at 31 December 2002. 4. To omit the annual dividend payment for the operation from 1 January 2002 to 31 December 2002 and cannot allocate net profit for legal reserves. 5. To re-appoint Mr. Vasant Chatikavanij, Mr. Wanchak Buranasiri, Mr. Thalin Aeimtitiwat and Mr. Nopporn Boonthanom, the 4 directors who must retire on expiration of their terms as directors of the Company. Therefore, the members of the board of directors are: (1) Mr. Kovit Poshyananda (2) Mr. Chittin Sibunruang (3) Mr. Vasant Chatikavanij (4) Mr. Apichart Chutrakul (5) Mr. Srettha Thavisin (6) Mr. Wanchak Buranasiri (7) Mr. Visarl Chowchuvech (8) Ms. Chittra Srisakorn (9) Mr. Thalin Aeimtitiwat (10) Mr. Yongyutt Chaipromprasith (11) Mr. Nopporn Boonthanom 6. To acknowledge the appointment of the Audit Committee. 7. To approve the remuneration and fix the remuneration to each director and each of Audit Committee at the rate as follows: - The remuneration to the directors shall be paid in the form of allowance, amounting to 10,000.- baht for each director per one meeting. However, it should not paid more than 2 times in one month, i.e. if the meetings are held more than 2 times in any particular month, the allowance will be paid for only the first 2 meetings. - The remuneration to the Audit Committee shall be paid in form of salary, amounting to 50,000.- baht per month for Chairman and amounting to 30,000.- baht per month for other members. 8. To appoint the following persons as auditors and fix the auditing fee for the year 2003. Name CPA No. Auditing Firm Mr. Supot Singhasaneh 2826 KPMG Audit (Thailand) Limited or Ms. Somboon Supasiripinyo. 3731 KPMG Audit (Thailand) Limited - with the auditing fee for the year 2003, at 900,000.-Baht (Nine Hundred Thousand Baht Only). 9. To approve an amendment to Clause 3. of the Memorandum of Association of the Company by amend the objects of the Company, consist of 60 items as described in the details of particulars of objects (amendment) of the Company attached to the invitation to attend this meeting which has been already sent to the shareholders. Please be informed accordingly. Yours sincerely, (Mr. Srettha Thavisin) President