RESOLUTION PASSED AT SHAREHOLDERS' MEETINGS NO.1/2002

Ref. TP-MT/ 060/45 (FC061/45) 29th April, 2002 Subject: Summary Minutes of General Shareholders' Meeting, No. 1/2545 Attention: Managing Director, SET According to Thantawan Industry Public Co.,Ltd. (THIP) had hold a general shareholders' meeting, no.1/2545 on Monday, April 29, 2002 at 10.00 a.m. at Thantawan B5 Room, 11th floor of Suntowers B Bldg., 123 Viphavadee-rangsit Road, Lardyao, Jatujak, Bangkok, the meeting had summary minutes as followings: 1. Approved the general shareholders' minutes of meeting, no. 1/2544 which held on April 19, 2001. 2. Approved business performance results for the year ended 2001. 3. Approved balance sheet and profit and loss statement of THIP for the year ended December 31, 2001 which passed auditing from CPA. 4. Approved the policy for dividend payment that dividend payment depends on operation performance and reasonable, and approved the appropriation of profit as dividend for the year 2001 at the rate of 1.25 (One Baht and Twenty five stang) Baht per share, having total amount Baht 10 million (Ten Million Baht), and the dividend shall be paid on May 27, 2002. 5. Approved election of 4 directors whose terms were expired to hold the same positions as follow : 1. Associate Prof. Banleng Sornil Independent Director 2. Pol.Col. Taweephan Saengprasert Independent Director 3. Mr. Singhchai Aroonvuthipong Independent Director 4. Mr. Viroon Paolinjong Managing Director 6. Notification of re-election of Audit Committee whose term were expired to hold the same positions as follow : 1. Associate Prof.Banleng Sornil Chairman of Audit Committee 2. Pol.Col. Taweephan Saengprasert Audit Committee 3. Mr. Singhchai Aroonvuthipong Audit Committee 7. Approved the appointment of Mr.Pichai Dutchanapirom, CPA no. 2421 and/or Mr. Jetsada Hangsapluk, CPA no. 3759 of Thammanithi Auditing Co.,Ltd. as the company's certified public accountant for the year 2002 and fixed the remuneration for auditing financial statements for the year ended December 31, 2002 for the amount Baht 203,000.- (Two Hundred and Three Thousand Baht). 8. No any other matter Please be informed accordingly. Very truly yours, (Mr. Huang Kuan-Chiun) (Mr. Phietoon Trivijitkasem) Director Director