May 14, 2007 Subject : To report on the Relevant Resolutions of Board of Board of Directors Meeting No.2/2550 Attention : The President of the Stock Exchange of Thailand Further to Board of Director Meeting No. 2/2550 held on 12 May 2007 at 11.00 am, the company would like to report relevant resolutions as follows: 1. Approved the company's financial statement for the 1st quarter 2007. 2. Consider and review the dividend policy as the Federation of Accounting Professions (FAP) announced the Accounting Standard No. 44 "Consolidated and Separate Financial Statements" (revised 2007) for the change of accounting policy for Investment in Subsidiaries in the separate financial statement from equity method to cost method. In order to comply with the Accounting standard No.44 "Consolidated and Separate Financial Statements" (revised 2007), the change in accounting policy is recorded retrospectively to the years in which the investments were made and had also recorded the allowance for impairment of the investments, resulted the net zero effect to the deficit beginning of year 2007 and 2006, the investments in subsidiaries-net as of December 31, 2006, the net profit (loss) for the three-month period ended March 31, 2007 and 2006. The above change in accounting policy had no effect on the consolidated financial statements of Tirathai Public Company Limited and its subsidiaries and had no effect on the policy of dividend payment, which has been determined and disclosed. The Board of Directors has reviewed and resolved the change of the company's accounting policy in accordance with the Accounting Standard (revised 2007) and also to confirm that the company's dividend policy is still being the same policy, which has been determined and disclosed. Please be informed accordingly. (Mr.Upakrom Thaweephoke) Deputy MD(Finance&Marketing)