SUMMARY ON REPORT OF BOARD OF DIRECTORS'MEETING, NO. 11/2000

Ref.TP-MT/143/43(FC117/43) 3 November 2000 Subject : Summary on Report of Board of Directors'Meeting,No.11/2000 Attention : Director and Manager Stock Exchange of Thailand. Thantawan Industry Public Co.,Ltd.(THIP) had held the Board of Directors' Meeting,No.11/2000 on Friday,3 November 2000 at 11.00 a.m. at Meeting room 2 at Suntowers Building-B 37th Floor,123 Vibhavadi-Rangsit Road,Lardyao,Jatujak,Bangkok 10900.The resolutions were adopted as following : 1. Adopted the minutes of Board of Directors'Meeting,No.10/2000 held on Thursday,7 September 2000. 2. Approved on bank credit line usege. 2.1 Request for additional credit line with Bank of Asia Public Company Limited for another 30 MB, from 130 MB to 160 MB. 2.2 Change credit line with Stardard Chartered Bank and Stardard Chartered Nakornthon Bank,since Stardard Chartered has taken over Nakornthon Bank,and set the policy for company to have and use credit line only with Stardard Chartered. 3. Consideration of changing and adding authorized person in payment transaction, signing in cheques or ducuments with 9 banks as following : 3.1 The Hongkong and Shanghai Banking Corporation Limited ,Bangkok Branch 3.2 Stardard Chartered Nakornthon Bank ,Head Office 3.3 Bank of Asia Public Company Limited ,Nong-Kam Branch 3.4 The Export and Import Bank of Thailand,Pra-Ram 4 Branch 3.5 B.N.P.Paribars ,Bangkok Branch 3.6 The Siam Commercial Bank Public Company Limited,Aom-Yai Branch 3.7 Stardard Chartered Bank,Bangkok Branch 3.8 The Thai Farmer Bank Public Company Limited,Surawong Branch 3.9 The Bangkok Bank Public Company Limited,Surawong Branch 4. Considering appointment of a new director replacing Mr.Pichai Tangvithetjit who was dead since Friday,29 September 2000.So the company Board of Directors will consider appointment of a new director replacing the deceased director in the next board meeting. 5. Others. 5.1 Acknowledgement of buying machine from You Jen Enterprise Co.,Ltd. 5.2 Acknowledgement of signing contract in factory construction with I.E.M. Co.,Ltd. 5.3 Acknowledgement of paying petty cash for Recycle Packing Project to Sin Guen Trading Co.,Ltd. Please be informed accordingly. Sincerely yours, (Mr.Phietoon Trivijitkasem) (Mr.Huang Kuan-Chiun) Director Director