SET Announcements

March 19, 2009 To: President The Stock Exchange of Thailand Re: The payment of dividend and schedule of the annual general shareholders' meeting. Noble Development Public Company Limited (the "Company") would like to inform that the Board of Directors' Meeting held on March 19, 2009 passed the material resolutions as follows: 1. Unanimously approved to pay annual dividend for the year 2008 of Baht 0.25 per share to the shareholders. The record date to determine shareholders' names who have the rights to receive the dividends will be on May 11, 2009, according to Section 225 of the Security and Exchange Act, and the closing date of shareholder register book will be on May 12, 2009. The dividend payment date will be on May 25, 2009. Unanimously approved to allocate 5 percent of the Company's net profit for the year 2008 to the legal reserve fund. 2. Unanimously approved the date for the annual general shareholders' meeting for the year 2009 on Tuesday, April 28, 2009, at 10.00 am., Chulalux Room, 6th Floor, The Sukhothai Hotel, South Sathorn Road, Bangkok. The record date to determine shareholders' names for the right to attend the annual general shareholders' meeting for the year 2009 will be on April 3, 2009, according to Section 225 for the Security and Exchange Act, and the closing date of shareholder register book will be on April 7, 2009. The agendas of the meeting are as follows: Agenda 1 Consideration and certification of the minutes of the Annual General Shareholders'Meeting for the year 2008. Agenda 2 Consideration and acknowledgment of the Company's operating performance for the year 2008. Agenda 3 Consideration and approval of Company's audited balance sheet and profit and loss statements for the fiscal year ended December 31, 2008. Agenda 4 Consideration and approval of the annual dividend payment and the allocation of the Company's net profit for the year 2008 to the legal reserve fund as follows: Approve to pay annual dividend for the year 2008 of Baht 0.25 per share to the shareholders. The record date to determine shareholders' names who have the rights to receive the dividends will be on May 11, 2009, according to Section 225 of the Security and Exchange Act, and the closing date of shareholder register book will be on May 12, 2009. The date of dividend payment will be on May 25, 2009, and to allocate 5 percent of the Company's net profit for the year 2008 to the 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 2009 as follows: Re-appoint the Company's directors who will retire, Mr. Kitti Thanakitamnuay, Mrs.Boonperm Jiamtiranat and Mr. Surachet Suboonson and approve the directors'remuneration for year 2009 as follows: 1. The Board of Directors not exceed Baht 2,000,000 per year 2. The Chairman of Audit Committee Baht 300,000 per year 3. The Audit Committee Baht 230,000 per person per year Agenda 6 Consideration and appointment of the Company's auditor and audit fees for the year 2009 as follows: Appoint Mr. Sudwin Panyawongkhanti Certified Public Accountant (Thailand) No.3534, Mr. Kajornkiet Aroonpirodkul, Certified Public Accountant (Thailand) No.3445 and Mr. Prasit Yuengsrikul, Certified Public Accountant (Thailand) No.4174 of PricewaterhouseCoopers ABAS Limited as the Company's and its subsidiaries'auditors, any one being authorized to conduct the audit and express an opinion on the statutory 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 approved audit fees of the Company and its subsidiaries for year 2009 are not exceeding the total of Baht 2,995,000. Agenda 7 Other matters (if any). Please be informed accordingly. Sincerely, Sitti Leelakasamelerk Director Authorized to sign on behalf of the Company 2