SET Announcements

Tor.2/2548 March 1, 2005 Subject:Notification of the Resolutions of the Board of Directors's Meeting of the Company 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.1/2005 held on March 1, 2005. The Board of Directors passed the following resolutions: 1. That the Company approved its audited financial statement and consolidated financial statement for the year ended December 31, 2004 and the shareholders to consider; 2. That the Company approved to pay dividend for the fiscal year 2004 to the shareholders at 0.05 Baht per share ; 3. That the Company approved to amend the Memorandum of Association in details of the Company's objectives in order to cover all its business and propose to the shareholder's meeting approval. 4. That the Annual General Meeting of Shareholders would be held on April 26 , 2005 at 2.00p.m., at Queen's Park 3, 2nd Floor, Imperial Queen's Park Hotel, and the closing dated for shares registered for the meeting would be on April 7, 2005 at 12.00p.m. until the date of the meeting. The agenda for the meeting would be: 1. To certify the Minutes of the Annual General Meeting of shareholders No.1/2004; 2. To review the report of the Board of Directors for the work done during 2004; 3. To approve the audited financial statement and consolidated financial statement for the year ended December 31, 2004 and to consider ratifying the revised audited financial statement for the year ended 2003 and the first three-month period ended March 31, 2004 submitted to The Securities and Exchange Commission and The Stock Exchange of Thailand. 4. To consider the dividend payment and appropriate amounts as legal reserve; 5. To elect new Directors in place of those who must retire on the expiration of their terms 6. To consider the directors' remuneration; 7. To consider appointment of Auditors and the annual audit fees; 8. To consider amendment of Memorandum of Association in details of the Company's objectives in order to cover all its business. 9. To consider other business (if any). Sincerely yours, Loxley Public Company Limited (Mr. Pichai Mooputtarak) Secretary of Board of Director