PADAENG INDUSTRY PLC REPORTS THE BOARD OF DIRECTORS'RESOLUTION ON THE SUSPENSION OF DIVIDEND PAYMENT AND CHANGES IN THE COMPANY'S BOOK.(PAR) At the first meeting of this year on March 19,1998,the company resolves that:(PAR) 1.Approve the annual financial results as of Dec 30,1997 which is audited.As the company still records losses,there will be no dividend payment for the 1997 performance.(PAR) 2.Approve the changes in the company's book:Clause 3 (over the company's objectives)No 5,10 and 26.(PAR) Clause 5 stipulates that the company will explore,analyse and consult nutural resource exploration,survey inside and outside the Kingdom for fee. The fee will be used for the production of natural resource.(PAR) Clause 10 goes that the company provides services,administration for technical and field jobs,survey training,analysis,mining for mining industry.(PAR) clause 26 goes that the company will also provide markets for clients as well as consultance,and advise on meeting arrangement,training and seminars on administration,commercial and industrial services,investment, architectural and engineering,legal works,accounting,and advertisement and public relations.(PAR) 3.Approve the increase of the authorised in considering allocating the remaining shares of 81,630,442 shares to investors classified in the 17 institutions list by the Securities and Exchange Commission.The executive chairman and president are authorised to determine the price,the offering date,other details and conditions.(PAR) 4.Acknowledge the resigning of 4 directors whose terms ended.They are Staporn Kavitanont,Arsa Sarasin,Withaya Vejjajiva and Aswin Kongsiri. Approve the appointment of the directors to the board and they will receive the old returns.They are barred from director pensions for 1997. (PAR) 5.Set the shareholders'meeting date for 1998 on April 27 at 13.30 at the Queen Sirikit National Convention Centre on Ratchadapisek Road,Bangkok. The meeting will be presented the following agenda:(PAR) A:present the information from the president(if any)[PAR] B:ratify the shareholders'meeting resolutions reached in April last year.(PAR) C:present the board of directors'report for 1997(PAR) D:approve the balance sheets and financial results of 1997 and consider bonus payment for the year(PAR) E:appoint new directors and consider appointing an additional director(PAR) F:appoint the auditor for 1998(PAR) G:approve the changes in the company's book in Clause 3.(PAR) H:approve the increase of the authorised in considering allocating the remaining shares(PAR) I:others(if any)(PAR) Share transaction will be suspened at noon of April 7 until the meeting is completed.