SET Announcements

F 24-1 Form for Report on Names of Members and Scope of Perfomance of the Audit Committee The Board of Directors' Meeting of Loxley Public Company Limited No.6/1999 held on November 15,1999 passed a resolution appointing the Audit Committee with the following details: 1. Names of members of the Audit Committee are as follows: Chairman of the Audit Committee Dr. Wichain Watanakun Member of the Audit Committee Dr. Harit Sutabutr Member of the Audit Committee Mr. Viroj Nualkhair Secretary to the Audit Committee Mrs.Suganya Veerakiatkij Certificates and Resumes of 3 Members of the Audit Committee are attached hereto. 2. The Audit Committee of the Company has the scope of duties and responsibilities, and shall report to the Company's Board of Directors as follows: 1. To review the sufficiency of the financial report; 2. To review the adequacy and effectiveness of internal control system; 3. To review compliance with the Securities and Exchange Acts, Regulations of the SET, and any other relevant laws; 4. To consider and advise the appointment of the external auditors including the audit fee; 5. To consider compliance with all connected transaction disclosures or the conflict-of-interests disclosures; 6. To report the activities of the Audit Committee in the Company's annual report which must be signed by the Chairman of the Audit Committee; 7. Be responsible to the board of directors under the scope of the functions assigned to it by the board. 3. Term of the Appointment: 3.1 Chairman of the Audit Committee's term is set for 3 years. 3.2 Members of the Audit Committee's term are set for 3 years. (Including the additional appointment to and removal from the Audit Committee) The Company hereby certifies that the aforementioned members meet all the qualifications precribeb by the Stock Exchange of Thailand. Signed _______________________ Director ( Mr. Dhongchai Lamsam ) Signed _______________________ Director ( Mr. Suraphand Bhasitnirandr )