February 21,2007 Subject : Omission of Annual Dividend for 2006 and Summoning 2007 Annual General Meeting No. 1/2550 Attention : The President of the Stock Exchange of Thailand The Board of Director's Meeting of Tirathai Public Company Limited No.1/2550 held on 21 February 2007 at 15.00 hours has resolved the following: 1.Approval the financial statements for the year 2006 2.Approval the omission of the annual dividend payment for financial statement for the year 2006 as not being maintained the financial ratio covenant under Debt Restructuring Agreement with financial institutions. 3.The re-election of directors in place of those retiring by rotation, the names and information of the persons to be nominated for election/re-election to be directors of the company at the 2007 AGM will be provided by Nominating Committee and will be informed in the notice of the 2007 AGM. 4.Approval to propose the 2007 AGM of the director's remuneration (bonus, compensation and remuneration) for the year 2007 should be the same rate as last year but not over 4,500,000 Baht. 5.Approval to appoint Mrs Kesree Narongdej, Certified Public Accountant No. 76 or Mrs Natsarak Sarochnunjeen, Certified Public Accountant No. 4563 of A.M.T. & Associates as the company's auditors for the year 2007 with the auditing fee of 1,002,500 Baht. 6.Approval the 2007 AGM No.1/2007 on Thursday 26 April 2007 at 10.00 hours, at Novotel, Bangna, Bangkok, at Suan Luang Ball Room, No. 333, Sirakarin Road, Khawn Bangbon, Khet Pravet, Bangkok. The agenda for the meeting will be as follows: 1.To acknowledge minutes of the AGM No. 1/2006 2.To confirm company's operating results of 2006 3.To approve Financial Statement for 2006 4.To consider the legal reserve and omit annual dividend for 2006. 5.To consider re-election directors in place of those retiring by rotation 6.To consider the remuneration of the company's directors for the year 2007 7.To consider and approve the appointment of auditors and determination of their remuneration for the year 2007. 8.To consider other business (if any). 7.The closing date of the share registrar for the right to participate in the 2007 AGM as from Thursday 5 April 2007 at noon until the meeting is adjourned. Please be informed accordingly (Mr.Upakrom Thaweephoke) Deputy MD(Finance&Marketing)