Board of Director had approved for New Board of Director

THIP-SET/039/2548 August 9,2005. Subject: Summary Report of Board of Directors' Meeting, no.8/2005 Attention: Managing Director, SET As Thantawan Industry Public Co.,Ltd.(THIP) had held the Board of Directors' meeting, no.8/2005 on Tuesday,August 9th,2005 at 10.00 a.m.at room M, Floor 36,Suntowers B. Bldg.123 Viphavadee-rangsit Road,Chomphon,Jatujak,Bangkok 10900,there were essential minutes as following : 1.Approved minutes of Board of Director' meeting, no.7/2005 (Special Issue) 2.Approved the company's performance and verified Financial Statements for the 2nd quarter ended June 30,2005. 3.Board of Director's meeting approved Ms.Narissai Mahathitirat to be Director in substitute to Mr.Pasit Assamongkol whose had been resigned since February 28,2005. This will be effective from August 9,2005 to 2007 4.Approved of the report of Audit Committee. 5.Acknowledged the resignation of Managing Director and approved to screen qualified person to be considered in the future. 6.Considered and approved Board of Director as authorized person whose two of four persons co-sign and affix with company seal, namely "Mr.Phietoon Trivijitkasem, Mr.Huang Kuan-Chiun, Mrs.Pojanard Phanaskhao, Mr.Kriangsak Kachornnamsong" Please be informed accordingly. Very truly yours, (Mrs.Pojanard Phanaskhao) (Mr.Phietoon Trivijitkasem) Authorized Director