[Translation] Ref. PDI/BK-02-011/2004 20 February 2004 To : President The Stock Exchange of Thailand Re. : Clarification of resolutions of the board of directors' meeting, No. 01-2004 The board of directors of Padaeng Industry Public Company Limited at its meeting, No. 01-2004 would like to clarify the board resolution as follows: In order to comply with the instruction of the Stock Exchange of Thailand (SET) the company has proposed in agenda IX of the 2004 ordinary shareholders' meeting that additional modifications be made to the Company Articles of Association with regard to Related Parties Transactions for approval. Please be notified accordingly. Yours truly, - Signature - (Mr. Surin Tanticharoenkiat) Board Secretary Board Secretary Division Tel. 02 661 9900 Ext. 1501, 1402 Fax 02 661 9946 Page 1 of 2