Set Date for the AGM 2011 Dividend payment and appointed Audit Committee

Dividend consideration Subject : Cash dividend payment Date of Board resolution : 04-Mar-2011 Type of dividend payment : Cash dividend payment Record date for the right to receive : 06-May-2011 dividends Book closing date for collecting : 09-May-2011 shareholders names under Section 225 of the Securities and Exchange Act Ex-dividend date : 03-May-2011 Dividend payment rate Common share (baht per share) : 2.00 Par value (baht) : 10.00 Payment date : 25-May-2011 Operating period : From 01-Jan-2010 to 31-Dec-2010 ______________________________________________________________________ Scheduled Meeting of Shareholders Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 04-Mar-2011 Date of shareholders meeting : 26-Apr-2011 Beginning time of shareholders meeting : 10 : 00 (h:mm) Record date for the right to attend : 04-Apr-2011 shareholders meetings Book closing date for collecting : 05-Apr-2011 shareholders names under Section 225 of the Securities and Exchange Act Ex-meeting date : 31-Mar-2011 Significant agenda item : - Dividend payment Venue of shareholders meeting : meeting room on 39th floor, Suntowers Building B address No.123 Vibhavadi-Rangsit Rd. Chomphon, Chatuchak, Bangkok 10900 Remark : THIP-SET/013(1)/2011 March 4, 2011 Subject : Set Date for the AGM 2011 and Dividend payment. Attention : President The Stock Exchange of Thailand According to Thantawan Industry Public Co.,Ltd. (THIP) held Board of Directors' Meeting No.2/2011 on Friday March 4, 2011, the essences of meeting as follows: 1. Approved to schedule the Annual General Shareholders' Meeting No.1/2011 on April 26, 2011 at 10:00 a.m. at meeting room on 39th floor, Suntowers Building B address No.123 Vibhavadi-Rangsit Rd. Chomphon, Chatuchak, Bangkok 10900, with the following agendas : Agenda 1: To consider and adopt Minutes of the Annual General Meeting of Shareholders no.1/2010 on April 25, 2010. The board's opinion: The board recommends a vote to adopt the Annual General Meeting of Shareholders no.1/2010 on April 25, 2010 Agenda 2: To acknowledge the company's operational results for the year 2010. The board's opinion: The Company's operational results for the year 2010 should be proposed the shareholder's meeting for acknowledgement. Agenda 3: To consider and approve the audited financial statement for the year 2010. The board's opinion: The board recommends a vote to approve the audited financial statement for the year 2010 which has been audited by the auditor and reviewed by the Audit Committee as proposed. Agenda 4: To consider and approve the dividend payment for the year 2010. The board's opinion: The board recommends a vote to approve the 2010 net profit allocation plan and 2010 dividend policy. THIP will pay 2010 dividend of Baht 2.00 per share. The dividend payment remains uncertainty until approval by shareholders. The dividend payment shall be made on Wednesday May 25, 2011. THIP will entitle rightful shareholders who may attend the 2011 AGM on Monday April 4, 2011 (Record Date). THIP will aggregate rightful shareholders list under Section 225, Securities and Stock Exchange Act B.E.2535 by recording from closed share registration book on Tuesday April 5, 2011. And THIP will entitle rightful shareholders who receive the 2010 fiscal year dividend on Friday May 6, 2011 (Record Date). THIP will aggregate rightful shareholders list under Section 225, Securities and Stock Exchange Act B.E.2535 by recording from closed share registration book on Monday May 9, 2011 Agenda 5: To consider and approve the appointment of directors to replace those completed their terms. The board's opinion: There are 3 retired directors by rotation in 2011 AGM as follows; (1) Mr.Banleng Sornil (2) Mr.Singhchai Aroonvuthiphong and (3) Mrs.Pojanard Prinyapatpakorn. The board recommends a vote to elect the following persons for replacements. The candidates in (1) and (2) are as independent directors, and (3) as managing director. Agenda 6: To consider and approve the remuneration of the Company's Directors for the year 2011. The board's opinion: The remuneration total amount of Baht 2,530,000, as details To fix the remunerations for Chairman of Board Director: Fixed remuneration: Baht 300,000 per annum. To fix the remunerations for all Company's Directors: Fixed remuneration: Baht 240,000 per person per annum. To fix the remuneration for Chairman of Audit Committees: Fixed remuneration: Baht 150,000 per annum. To fix the remuneration for Audit Committees: Fixed remuneration: Baht 80,000 per person per annum. The board concurred with the data base of remuneration for directors for the listed companies it the year 2009, which prepared by the SET to be used as reference by listed companies in paying remuneration to their directors, for each business sector, and including the consideration with on their experience, role and scope of duties and responsibilities, as well as, expected remuneration from each director is at the rate of appropriate and par with comparable companies in the manufacturing industry. Therefore, it was resolved to propose to the shareholders' meeting to approve the remuneration of Company's Directors and Audit Committee for the year 2011 as per details stated in above. Agenda 7: To consider and approve the appointment of company's auditors and auditing fee for the year 2011. The board's opinion: Board of Directors concurred with the recommendation proposed by the Audit Committees. It was resolved to propose to the shareholder's meeting to approve the appointment of Dharmniti Auditing Co., Ltd. To be the Company's Auditor for the fiscal year 2011. And for the audit fee of Baht 500,000 and excluding others expenses, to this AGM for its consideration and approval, respectively. The Auditor team consists as follows: 1) Mr.Phichai Dachanapirom and/or 2) Ms.Sulalit Ardsawang and/or 3) Ms.Wannisa Ngambouthong Agenda 8: To consider other business (if any). 2. The board unanimously approved to postpone an agenda on the election of new director replacing the vacant position, Mr.Huang Kuan-Chiun who resigned on November 1, 2010. 3. The board unanimously has appointed Audit Committee which will be expired on March 4, 2011 for another term for a period of 3 years as same term of reference, roles and responsibilities. This will be effective on March 5, 2011 and the name list of Audit Committee as follows; 1) Mr.Banleng Sornil Chairman of Audit Committee 2) Mr.Singhchai Aroonvuthiphong Audit Committee 3) Pol.Col. Taweepun Sangprasert Audit Committee Please be informed accordingly. Very truly yours, (Mr.Teerachai Siritunyanont) (Mrs.Pojanard Prinyapatpakorn) Authorized Director ______________________________________________________________________