Names of Members and Scope of Work of the Audit Committee

F 24-1 Form to Report on Names of Members and Scope of Work of the Audit Committee The Board of Directors meeting of Thantawan Industry Public Company Limited No.3/2008 held on March 6, 2008, resolved the meeting's resolutions in the following manners: [/] Appointment of the audit committee/Renewal for the term of audit committee: [ / ] Chairman of the audit committee [ / ] Member of the audit committee As follows: (1) Mr.Banleng Sornil (2) Mr.Singhchai Aroonvutthiphong (3) Pol.Col. Taweepun Sangprasert the appointment/renewal of which shall take an effect as of March 6, 2008. [ / ] Determination/Change in the scope of duties and responsibilities of the audit committee with the following details: The audit committee of the company has the scope of duties and responsibilities to the Board of Director on the following matters: 1. To ensure that the Company's financial reporting is accurate and adequate. 2. To ensure that the Company's internal control and internal audit systems are appropriate and effective, to consider the independence of the Internal Audit department and to give its opinion on the appointment, transfer or dismissal of the Head of the Internal Audit Department or such other department as has responsibility for internal audit. 3. To ensure that the Company operates in accordance with the law relating to securities and the stock exchange and with regulations of the Stock Exchange and laws relating to the Company's business. 4. To consider the selection and nomination of independent individuals to perform duties as the Company's auditors, and to propose their remuneration; to attend meetings with the auditors, without management departments being present, at least once a year. 5. To consider related party transactions and transactions likely to give rise to a conflict of interest so as to ensure that they are conducted in accordance with the law and with regulations of the Stock Exchange of Thailand so as to provide confidence that such transactions are fitting and proper and in the Company's best interests. 6. To deliver a report on the Audit Committee's activities for publication in the Company's Annual Report, such report to be signed by the Chairman of the Audit Committee and must contain at least the following information: (a) Its opinion on the accuracy, completeness and reliability of the Company's financial statements (b) Its opinion on the adequacy of the Company's internal control systems (c) Its opinion on the Company's compliance with the law relating to securities and the stock exchange and with regulations of the Stock Exchange and laws relating to the Company's business (d) Its opinion on the suitability of the auditors (e) Its opinion on likely to give rise to a conflict of interest (f) The number of times the Audit Committee has met, together with individual attendance details (g) Its opinion or general observations based on the performance of its duties as per its charter (h) Any other matters that it considers shareholders and investors generally should know within the scope of action, duties and responsibilities assigned to it by the Company's Board of Directors 7. To carry out any other duties assigned to it by the Company's Board of Directors with the agreement of the Audit Committee the determination/change of which shall take an effect as of March 6, 2008. The audit committee is consisted of: 1. Chairman of the audit committee Mr.Banleng Sornil remaining term in office 2 years, - month 2. Member of the audit committee Mr.Singhchai Aroonvutthiphong remaining term in office 2 years, - month 3. Member of the audit committee Pol.Col. Taweepun Sangprasert Secretary of the audit committee Mr. Teerachai Siritunyanont Enclosed hereto is - copies of the certificate and biography of the audit committee.The audit committee number(s) 1 has/have adequate expertise and experience to review creditability of the financial reports. The company hereby certifies that 1. The qualifications of the aforementioned members meet all the requirements of the Stock Exchange of Thailand; and 2. The scope of duties and responsibilities of the audit committee as stated above meet all the requirements of the Stock Exchange of Thailand (Mrs.Pojanard Prinyapatpakorn) (Mr.Huang Kuan-Chiun) Authorized Director