Resolutions of AGM for the year 2010

THIP-SET/015(1)/2010 April 23,2010 Subject : Notification of Resolutions of the General Meeting of Shareholders No.1/2010 Attention: The President The Stock Exchange of Thailand. According to Thantawan Industry Public Co.,Ltd. (THIP) held the annual general shareholders' meeting, No.1/2010 on Friday, April 23, 2010 at 10.00 am. at meeting room, 39th floor of Suntowers B Bldg., 123 Viphavadee-Rangsit Road, Chomphon, Chatuchak, Bangkok, there were 39 attendants represented 4,954,504 shares, accounted for 61.93 % of total 8,000,000 issued and paid up shares. The resolutions of the meeting were summarized as following 1. Certified the minutes of the annual general meeting of shareholders No. 1/2009 held on April 23, 2009. This agenda was approved equivalent to 100 percent of total number of votes of shareholders attending and casting votes at the meeting. 2. The meeting unanimously acknowledged Company's performance for the year of 2009. 3. Approved the audited balance sheet and profit and loss statement of THIP for the year ended on December 31, 2009. This agenda was approved equivalent to 100 percent of total number of votes of shareholders attending and casting votes at the meeting. 4. Approved the appropriation of the retained earnings as dividend for the year 2009 at the rate of Baht 2.00 (Two baht) per share, having total amount Baht 16,000,000 (Sixteen Million Baht). The dividends payment to the shareholders as name appears in the share registered book on April 2, 2010 and it will be payment on May 21, 2010. This agenda was approved by as majority votes of the meeting as follows: - Approved 4,721,304 votes, equivalent to 95.29 percent of total number of votes of shareholders attending and casting votes at the meeting . - Disapproved 233,200 votes, equivalent to 4.71 percent of total number of votes of shareholders attending and casting votes at the meeting. - Abstained 0 votes, equivalent to 0.00 percent of total number of votes of shareholders attending and casting votes at the meeting. 5. Approved unanimously the election of 3 directors who retired by rotation as the company's directors for another term. This agenda was approved by as majority votes of the meeting as follows: 5.1 Mr.Phietoon Trivijitdasem Chairman of Board of Director - Approved 4,766,504 votes, equivalent to 96.21 percent of total number of votes of shareholders attending and casting votes at the meeting . - Disapproved 0 votes, equivalent to 0.00 percent of total number of votes of shareholders attending and casting votes at the meeting . - Abstained 188,000 votes, equivalent to 3.79 percent of total number of votes of shareholders attending and casting votes at the meeting . 5.2 Mr.Huang Kuan -Chiun Deputy Chairman of Board of Director - Approved 4,766,504 votes, equivalent to 96.21 percent of total number of votes of shareholders attending and casting votes at the meeting . - Disapproved 0 votes, equivalent to 0.00 percent of total number of votes of shareholders attending and casting votes at the meeting . - Abstained 188,000 votes, equivalent to 3.79 percent of total number of votes of shareholders attending and casting votes at the meeting . 5.3 Mr.Viroon Powlinjong Director - Approved 4,766,504 votes, equivalent to 96.21 percent of total number of votes of shareholders attending and casting votes at the meeting . - Disapproved 0 votes, equivalent to 0.00 percent of total number of votes of shareholders attending and casting votes at the meeting . - Abstained 188,000 votes, equivalent to 3.79 percent of total number of votes of shareholders attending and casting votes at the meeting . 6. Approved the directors' remuneration for the year 2010 payable to 9 directors at the total amount of 2,230,000 Baht (Two Million Two Hundred and Thirty Thousand Baht). This agenda was approved equivalent to 100 percent of total number of votes of shareholders attending and casting votes at the meeting. 7. Approved the appointment of Mr.Pichai Dachanapirom, CPA no.2421 or Mr. Pojana Asavasontichai, CPA no.4891or Ms.Chantra Wongsriudomporn CPA no.4996 or Ms.Wannisa Ngambouthong CPA No. 6838 or Mr.Thanawut Phiboonsawat CPA No.6699 from Dharmniti Auditing Co., Ltd. as the company's auditor for the year 2009. Either said auditor will conduct audits and comment on the financial statements of the Company. The remuneration for auditors of 486,000 Baht (Four Hundred Eighty Six Thousand) per annum and any actual expenses related to the audit will be paid. This agenda was approved equivalent to 100 percent of total number of votes of shareholders attending and casting votes at the meeting. 8. There was no additional agenda proposed to the meeting for its consideration The meeting was adjourned at 11.40 am Please be informed accordingly. Very truly yours, (Mrs.Pojanard Prinyapatpakorn) (Mr.Phietoon Trivijitdasem) Authorized Director