SUMMARY MINUTES OF EXTRAORDINARY S/H'S MEETING, #1/2002

Ref.TP-MT030/45 (FC026/45) February 25, 2002. Subject: Summary Minutes of Extraordinary Shareholders' Meeting, No.1/2545 Attention: Managing Director, SET. According to Thantawan Industry PCL., (THIP) had hold a extraordinary shareholders' meeting, no 1/2545 on Monday 25, 2002 at 09.00 a.m. at Thantawan B3 Room, 11th floor of Suntowers B Bldg., 123 Vibhavadee-rangsit Road, Lardyao, Jatujak, Bangkok. Having total 28 attendants both shareholders and proxy holdings covered shares of 4,680,500 or accounted for 58.50% which met the quorum requirement. The meeting had considered and voted for the following resolutions: Agenda 1: Considering for approval of the report on minutes of the extraordinary shareholders' meeting, no. 2/2543 held on March 30, 2543. Resolution: The meeting unanimously approved the report of the extraordinary shareholders' meeting, no. 2/2543 held on March 30, 2543. Agenda 2: Considering of the way to manage the maximum benefit for cash surplus and financial efficiency as well. Resolution: The meeting had considered and unanimously approved the way of managing with maximum cash surplus efficiency as proposed by Chairman of the meeting. Agenda 3: Other matters Consideration (If any) No any other matters, Chairman of the meeting had pronounced to close the meeting at 10.00 a.m. Please be informed accordingly. Very truly yours, (Mr.Huang Kuan-Chiun)(Mr.Phietoon Trivijitkasem) Director Director