Notification of Res' of the AGM 1/2550 and dividend payment

Ref. THIP-SET 018/2550 26th April, 2007 Subject: Notification of Resolution of the General Meeting of Shareholders No.1/2007 Attention: Managing Director, SET According to Thantawan Industry Public Co.,Ltd. (THIP) had held a general shareholders' meeting, no.1/2007 on Thursday, April 26, 2007 at 10.00 am. at Thantawan B1 Room, 11th floor of Suntowers B Bldg., 123 Viphavadee-rangsit Road, Chomphon, Jatujak, Bangkok, there were 35 attendants having 4,937,900 shares, accounted for 61.72% of total 8,000,000 shares. The meeting had summary minutes as followings : 1. Approved the general shareholders' minutes of meeting, no.1/2006 which held on April 24, 2006. 2. Approved business performance for the year ended 2006. 3. Approved balance sheet and profit and loss statement of THIP for the year ended December 31, 2006 which passed auditing by CPA. 4. Approved the appropriation of profit as dividend for the year 2006 at the rate of 1.0 (one baht only) Baht per share, having total amount Baht 8 millions (eight millions Baht), and the dividend shall be paid on Friday, May 25, 2007, with the following voting results: - For: 4,555,700 votes, equal to 92.26 percent of all votes of shareholders in attendance. - Againts: 81,500 votes, equal to 1.65 percent of all votes of shareholders in attendance. - Abstain: 300,700 votes, equal to 6.09 percent of all votes of shareholders in attendance. 5. Approved director to replace those resigned as follows: 1. Mr.Teerachai Siritunyanont to be director and Secretary of Board of Directors replacing Mr.Surajai Bootanrart 2. Mr.Somsak Puckdeesattakul to be director replacing Mr.Viroon Paolinjong 6. Approved election of 4 directors, whose terms were expired, to hold the same positions as follows: 1. Mr.Phietoon Trivijitkasem Chairman of Company 2. Mr.Huang Kuan-Chiun Vice Chairman and Managing Director 3. Mr.Wiboon Ratanakijkamol Director 4. Mr.Somsak Puckdeesattakul Director 7. Approved the remuneration in terms of salary and monthly payment to 11 persons who take the title as director of company in 2007 at the total amount of 2,520,000 baht (two million five hundred and twenty thousand baht) 8. Approved the appointment of Mr.Pichai Dachanapirom, CPA no.2421 and/or Mr. Pojana Asavasontichai, CPA no.4891 and/or Ms.Chantra Wongsriudomporn CPA no.4996 from Dharmniti as an auditor in 2007. The auditing fee is 420,000 Baht (Baht four hundred twenty thousand) per annum and any actual expenses related to the audit will be paid however it should not more than 45,000 Baht (Baht forty-five thousand). 9. No any other matter. Please be informed accordingly. Very truly yours, (Mrs.Pojanard Prinyapatpakorn) (Mr.Huang Kuan-Chiun) Authorized Director