ข่าวแจ้งตลาดหลักทรัพย์ฯ

September 30, 2002 To: President The Stock Exchange of Thailand Re : Report on the Resolutions of the Board of Directors' Meeting No. 10/2002 Noble Development Public Company Limited (the "Company") would like to inform you that the Board of Directors' Meeting No. 10/2002 held on September 30, 2002 passed the resolutions as follows: 1. Unanimously approved to transfer the Company's reserves to compensate the Company's accumulated loss by transferring the legal reserve in the amount of Baht 8,174,869 and the share premium reserve in the amount of Baht 479,446,925. The Company's accumulated loss, as at the end of the year 2001, audited by the auditor and offset by the decreased amount of the paid up capital resulting from the reduction of par value of shares, as approved by the Extraordinary Shareholders' Meeting No. 1/2002 in agenda 6, amounted to Baht 487,621,794. This matter shall be proposed to the Extraordinary Shareholders' Meeting for consideration and approval. 2. Unanimously approved to close the register of shareholders on October 16, 2002, at 12.00 a.m. until the Extraordinary Shareholders' Meeting No. 2/2002 is ended. The Extraordinary Shareholders' Meeting No. 2/2002 will be held on November 5, 2002,at 10.00 a.m. at Hotel Plaza Athenee, Salon Atene Room, Basement Floor, Wireless Road, Pathumwan, Bangkok, to confirm and /or approve the following matters: Agenda 1 Certification of the minutes of the Annual Shareholders' Meeting for the year 2002 held on April 29, 2002. Agenda 2 Consideration and approval of the transfer of reserves to compensate the Company's accumulated losses. Agenda 3 Other matters (if any). Please be informed accordingly. Sincerely, Sitti Leelakasamelerk Director