Notification for the Resolution meeting 7/2008

Ref.THIP-SET 145/2008 November 11, 2008 Subject : Notification for the Resolution of Board of Directors' Meeting no. 7/2008 Attention : President The Stock Exchange of Thailand According to Thantawan Industry Public Co., Ltd. had held Board of Directors' Meeting no.7/2008 on Tuesday 11th of November 2008 at 10.00 a.m. in meeting room no. 1 on 32nd floor Suntowers Building A address no. 123 Vibhavadi - Rangsit Rd. Chomphon, Chatuchak,Bangkok. , the essences of meeting as follows: 1. Approved Board of Directors' minutes no. 6/2008 held on 1st of November 2008 2. Acknowledged and approved Company's operating performance and financial statement for 3 month period ended at 30th of September 2008 3. Approved to postpone an agenda on the election of director for replacing the position that vacant from the director's resignation to the next meeting. 4. Approved the Business Transaction to a short - term property rental not more than 3 years Term( A Supporting ordinary and normal business transaction) with Suntowers Company Limited. Please be informed accordingly. Very truly yours, (Mrs.Pojanard Prinyapatpakorn) (Mr.Huang Kuan-Chiun) Authorized Director Ref.THIP-SET 146/2008 November 11, 2008 Subject : Approved the Business Transaction to Rent premise and Services as Office lessthan 3 years Term ( A Supporting ordinary and normal business transaction) Attention : President The Stock Exchange of Thailand According to Thantawan Industry Public Company Limited had held Board of Directors' Meeting no. 7/2008 on Tuesday 11th of November 2008, the Board of Directors approved the business transaction to rent premise and services as office not more than 3 years term, the details are as follows:- -Date of Transaction : 1st July 2009 - 30th June 2012 -Related Party : Suntowers Company Limited, a less or for premise and services, whereas Suntowers Enterprise Company Limited is Major shareholders jointly have management team with Thantawan Industry Company Limited namely are 1. Mr.Phietoon Trivijitkasem as the Thantawan Industry Company Limited ' s Chairman also takes a title of Director of Suntowers Company Limited. 2. Mr.Huang Kuan-Chiun as the Thantawan Industry Company Limited ' s Deputy Chairman and Managing Director also takes a title of Director of Suntowers Company Limited. 3. Mrs.Pojanard Prinyapatpakorn as the Thantawan Industry Company Limited ' s Director takes a title of Director and Managing Director of Suntowers Company Limited. 4. Mr.Kraingsak Kajohnnamsong as the Thantawan Industry Company Limited ' s Director takes a title of Director of Suntowers Company Limited. - Type : Making lease premise agreement in asset and services as office less than 3 years term with related party. - Total Value : Three - years term for lease premise agreement, total rental and service fee 11,520,000 Baht being consisted of monthly fee 400 baht per squared meter. - Remuneration Policy : Rental and Service rate quoted on market price and relatively to rental fee for lessee in the same building and rental rate of neighbor. - Director of connected transaction : They do not attend the meeting and have no vote right. (Mr.Phietoon Trivijitkasem, Mr.Huang Kuan-Chiun, Mrs.Pojanard Prinyapatpakorn, Mr.Kraingsak Kajohnnamsong) - Suggestion from Board of Directors and Audit Committee : Approved the related transaction to lease premise and services as office not more than 3 years at the total amount of 11,520,000 Baht (eleven million, five hundred and twenty-two thousand Baht) since being a common business dealing with reasonable and fair price. In addition the transaction was the renewal of lease premise agreement after the expiry of three years term. Please be informed accordingly. Very truly yours, (Mrs.Pojanard Prinyapatpakorn) (Mr.Huang Kuan-Chiun) Authorized Director