Resolutions of 2007 Annual General Meeting of shareholders

27 July 2007

Subject : To report the resolutions of the 2007 Annual General Meeting of Shareholders

To : Managing Director The Stock Exchange of Thailand

The Meeting of the 2007 Annual General Meeting of Shareholders of Polyplex (Thailand) Public Company Limited (the Company) held at 10.30 a.m. on 27 July 2007, has resolved as follows:

1. That the Minutes of the 2006 Annual General Meeting of Shareholders, dated 28 July 2006, be certified.

2. That the report on the Company's operating results be acknowledged and the Director's Report be approved.

3. That the Company's audited balance sheet and the profit and loss statements for the year ended 31 March 2007 be approved.

4. That, (i) the appropriation of Baht 17.10 million as legal reserve, (ii) the dividend payment to the Company's shareholders whose names appear on the share register as of 6 August 2007 at 12.00 noon at the rate of Baht 0.17 per share, and (iii) the dividend payment schedule by 17 August 2007 be approved.

5. That the re-appointment of Mr. Manu Leopairote and Mr.Praphad Phodhivorakhun who would retire by rotation as the directors for another term and the Audit Committee remuneration for 2007 of Baht 10,000 per person per meeting attendance, be approved.

The directors who are not the members of the Audit Committee voluntarily waive their right to receive the remuneration as the Company's directors.

6. That the appointment of Mr. Narong Puntawong (CPA No. 3315) and/or Mr. Supachai Phanyawattano (CPA No. 3930) and/or Ms. Siraporn Ouaanunkun (CPA No. 3844) of Ernst & Young as the Company's auditors for the accounting period ending 31 March 2008 with the remuneration of upto Baht 2,600,000 be approved.

 

Yours faithfully,
Polyplex (Thailand) Public Company Limited

(Mr. Manish Gupta)
Authorized Signatory

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