THE STRUCTURE OF MAJOR SHAREHOLDER

No. EGCO 310/003 Date: January 7, 2000 Attn: The President of the Stock Exchange of Thailand Subject: The structure of major shareholder Referred to our letter dated July 21, 1998 informing about two major shareholders of Electricity Generating Public Company Limited (EGCOMP) which stated that Electricity Generating Authority of Thailand (EGAT) holds 25.6% and CLP Power Projects (Thailand) Limited holds 14.9%. EGCOMP would like to inform the additional information that CLP Power Projects (Thailand) Limited purchased 27,826,306 EGCOMP's foreign shares in the Stock Exchange of Thailand. Consequently, the structure of major shareholders is as follows: EGAT holds 133,773,662 shares representing 25.52% and CLP Power Projects (Thailand) Limited holds 105,826,306 shares representing 20.18%. In accordance with EGCOMP's Articles of Association, shares in the foreign board held by the foreign investors in general are not more than 30%. In addition, the combination of ordinary shares held by CLP Power Projects (Thailand) Limited which purchased from EGAT for being a strategic partner and the foreign investors in general shall not exceed 45% of the total outstanding ordinary shares. As CLP Power Projects (Thailand) Limited bought EGCOMP's stake in the foreign board, the foreign investors in general, therefore are able to purchase ordinary shares up to 24.69% in the foreign board. Thai investors excluding EGAT's stake are able to purchase ordinary shares up to 29.6% in the main board. Sincerely yours, Worawit Khamkanist Managing Director