SET Announcements

April 28, 2005 To: President The Stock Exchange of Thailand Re: Report on Resolutions of the Annual General Shareholders' Meeting for the Year 2005. Noble Development Public Company Limited (the "Company") would like to inform you that the Annual General Shareholders' Meeting for the Year 2005 held on April 28, 2005 at 2.00 p.m. at Meeting Room, 3rd Floor, Playground Store, 818 Soi Sukhumvit 55 (Thonglor), Sukhumvit Road, Klongton Nue, Wattana, Bangkok passed the resolutions as follows: 1. Unanimously certified the Minutes of the Extraordinary General Meeting of Shareholders No 1/2005, held on March 8, 2005. 2. Acknowledged the Company's operating performance for the year 2004. 3. Unanimously approved the Company's audited balance sheet and profit and loss statements for the fiscal year ended December 31, 2004. 4. Unanimously approved the Company 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 approve to allocate 5 percent of the Company's net profit for the year 2004 to the legal reserve fund. 5. Unanimously approved to re-appoint three directors retired by rotation, who are Mr. Sitti Leelakasamelerk, Mr. Thakonkiat Viravan and Miss Vasana Thieansirisak, as the Company's directors and acknowledged the retirement by rotation of Mr. John A. Paterson. The meeting also unanimously approved to fixed remuneration of the directors of the Company, the Chairman of the Audit Committee and the members of the Audit Committee for the year 2005 as follows: 1. The directors of the Company - totaling not exceed Baht 2,000,000/ year 2. The chairman of the Audit Committee - Baht 150,000 / year 3. The members of the Audit Committee - Baht 125,000 / person / year 6. Unanimously approved to appoint Mr. Boonmee Ngotngamwong Certified Public Accountant (Thailand) No.3673, Mr. Kajornkiet Aroonpirodkul, Certified Public Accountant (Thailand) No.3445 and Mr. Prasit Yuengsrikul,Certified Public Accountant No.4174 of PricewaterhouseCoopers ABAS Limited as the Company's and its subsidiaries' auditor, any one being authorized to conduct the audit and express an opinion on the annual financial statements of the Company and its subsidiaries. In the absence of the above-named auditors, PricewaterhouseCoopers ABAS Limited is authorized to identify one other Certified Public Accountant with PricewaterhouseCoopers ABAS Limited to carry out the work. The meeting also unanimously approved the audit fees of the Company and its subsidiaries for the year 2005 totaling Baht 1,995,000 . Please be informed accordingly. Sincerely, Sitti Leelakasamelerk Director Authorized to sign on behalf of the Company