SET Announcements

April 28, 1999 Manager The Stock Exchange of Thailand Dear sir: Noble Development Public Company Limited would like to report on the resolutions made at a shareholders' ordinary meeting held on April 28, 1999 at 10.00 am at 806/1-3 Sukhumvit 55, Bangkok 10110. The details of the resolutions are as follows: 1. To certify the minute made at an ordinary shareholders' meeting held on April 27, 1998. 2. To certify the company's operating performance for 1998. 3. To approve the balance sheet and profit and loss statements as of December 31,1998. 4. To omit the annual dividend payment for the operation from January 1, 1998 to December 31, 1998 and not to allocate net profit for legal reserves because of 1998 the company's operating net loss. 5. To appoint the directors whose tenure has ended and fix the remuneration for 1999 amount Bht. 100,000 per person. - The directors whose tenure has ended are as follows 1. Ms. Panida Theapkarnjana 2. Mr. Thakonkiat Virawan 3. Mr. Sitti Leelakasamelerk - The directors being re-appointed are as follows 1. Ms. Panida Theapkarnjana 2. Mr. Thakonkiat Virawan 3. Mr. Sitti Leelakasamelerk 6. To appoint the following person as auditor for 1999 and fix the auditing fee amount Bht. 174,000. Name CPA No Auditing Firm Ms.Kesree Narongdej 76 A.M.T. & Associates Sincerely, Sitti Leelakasamelerk Director