THE RESOLUTIONS OF SHAREHOLDERS' EXTRAORDINARY MEETING 1/99

No. EGCO 310/633 Date: October 5, 1999 Attn: The President of the Stock Exchange of Thailand Subject: The resolutions of Shareholders' Extraordinary Meeting No.1/1999 Electricity Generating Public Company Limited (EGCOMP) would like to report on the resolutions of the Shareholders' Extraordinary Meeting No.1/1999 held on October 4,1999.The meeting unanimously passed the following resolutions: 1. To approve the minutes of the Annual General Meeting No. 1/1999 held on April 29, 1999. 2. To approve the issuance of the Electricity Generating Public Company Limited debenture in the Baht, and/or in any other foreign currencies within the sum of not over Baht 5,000 millions and offer to sell in one whole lot or in many placements to the general public and/or to local and foreign institutional investors. The maturity of the debentures will not exceed 5 years, however, term and the conditions of the debentures such as amount, face value, offering price, interest rate, and offering plan shall be determined by the Executive Board who will be authorized by the Board of Directors. Sincerely yours, Worawit Khamkanist Managing Director