SET Announcements

Tor.11/2544 March 5, 2001 SUBJECT : Report on the Board of Directors' Resolutions TO : President The Stock Exchange of Thailand Loxley Public Company Limited (the "Company") would like to report on the resolutions made at the board of directors' meeting No. 1/2001 held on March 1, 2001. The board of directors passed the following reports: 1. That the Company approved the audited financial report and consolidated financial statement for the year ended December 31, 2000 and for the shareholders to consider; 2. That the Company will omits dividend payment for the fiscal year 2000 result because the Company has retained deficit; 3. That the Annual General Meeting of Shareholders No. 1/2001 should be held on April 20, 2001 at Queen's Park 3 Room, Imperial Queen's Park Hotel, and the closing dated for shares registered of the meeting will be on April 2, 2001 at 12:00p.m. The agenda for the meeting will be: 1. Certify the minutes of the Annual General Meeting of Shareholders No. 1/2000; 2. Consider the Company's annual report for 2000; 3. Approve the audited financial report and consolidated financial statement for the year ended December 31, 2000; 4. Consider the allocation of net profit for legal reserves and dividend omissions for 2000's operation results; 5. Appoint new directors to succeed those completing their terms; 6. Consider the directors' remuneration; 7. Appoint an auditor and fix the auditing fees; 8. Consider other issues (if any). Sincerely yours, Loxley Public Company Limited (Ms.Suganya Veerakiatkij) Senior Vice President Acccounting & Budgeting Dept.