SET Announcements

March 24, 2005 To: President The Stock Exchange of Thailand Re: Schedule of the annual general shareholders' meeting and the payment of dividend Noble Development Public Company Limited (the "Company") would like to inform you that the Board of Directors' Meeting No. 3/2005 held on March 24, 2005 passed the material resolutions as follows: 1. Unanimously approved to pay annual dividend for the year 2004 of Baht 0.19 per share to the shareholders whose names appear on the register of shareholders on May 9, 2005 at 12.00 noon, the date of dividend payment will be on May 20, 2005, and to allocate 5 percent of the Company's net profit for the year 2004 to the legal reserve fund. 2. Unanimously approved closing the register of shareholders, for identifying the shareholders who have the right to attend the 2005 annual general shareholders' meeting, on April 8, 2005, at 12.00 noon until the adjournment of the 2005 annual general shareholders' meeting. The annual general shareholders' meeting will be held on Thursday, April 28, 2005 at 2.00 pm. at Meeting Room, 3rd Floor, Playground Store, 818 Soi Sukhumvit 55 (Thonglor), Sukhumvit Road, Klongton Nue, Wattana, Bangkok, to certify and /or approve the following matters: Agenda 1 Consideration and certification of the minutes of the Extraordinary General Meeting of Shareholders No. 1/2005. Agenda 2 Consideration and acknowledgment of the Company's operating performance for the year 2004. Agenda 3 Consideration and approval the Company's audited balance sheet and profit and loss statements for the fiscal year ended December 31, 2004. Agenda 4 Consideration and approval of the annual dividend payment and the allocation of 5 percent of the Company's net profit for the year 2004 to legal reserve fund. Agenda 5 Consideration and election of the Company's directors to replace the directors who will retire and approval of the directors' remuneration for the year 2005. Agenda 6 Consideration and appointment of the Company's auditor and audit fees for the year 2005. Agenda 7 Other matters (if any). Please be informed accordingly. Sincerely, Sitti Leelakasamelerk Director Authorized to sign on behalf of the Company