DIVIDEND PAYMENT & SET DATE FOR SHAREHOLDERS' MEETING 1/2000

No. EGCO 310/114 Date : March 20, 2000 Attn : The President of the Stock Exchange of Thailand Subject : Dividend payment & Set date for the Shareholders Annual General Meeting No. 1/1999 The Board of Directors of Electricity Generating Public Company Limited (EGCOMP) at its meeting No. 3/2543 held on March 20, 2000 passed the following resolutions: 1. To propose the Shareholders Annual General Meeting that annual dividend payment for the operation from January 1, 1999 to December 31, 1999 should be Baht 2 per share and should be paid to shareholders on May 26, 2000. 2. The Shareholders Annual General Meeting No. 1/2000 will be held on April 28, 2000 at 11:00 a.m. at the Auditorium, 9th Floor, EGCO Tower, 222 Moo 5, Vibhavadi Rangsit Road, Tungsonghong, Laksi, Bangkok. 3. The agenda for the Shareholders Annual General Meeting No. 1/2000 will be as follows: 3.1 To consider and adopt the minutes of Shareholders Extraordinary Meeting No. 1/1999 held on 4th October, 1999. 3.2 To consider and approve the Board of Directors Annual Report on the Companys operations during the previous year and the activities to be pursued in the future. 3.3 To consider and approve the Balance Sheet and Statement of Income (Loss) as at 31st December, 1999. 3.4 To consider and approve the allocation of annual net profit and the distribution of dividend. 3.5 To consider the appointment of an auditor and determine the remuneration thereof. 3.6 To consider and approve the fifth year allocation of equity warrants, under the five year program already approved by the Shareholders Extraordinary Meeting No. 1/1995 held on 22nd August, 1995, to the directors of the Company and its subsidiary companies who are presently the employees of the Company and its subsidiary companies. 3.7 To consider the election of directors to fill up the vacancy of the directors who retire by rotation and by the mandate required age as the Managing Director as prescribed by the Companys Article of Association and determine the remuneration thereof. 3.8 To consider other matters (if any). 4. The date for closing the company share register for the rights to attend the meeting and to receive the dividend will be on April 7, 2000 at 12:00 a.m. until the adjournment of the meeting. 5. To appoint 2 new directors: Mr. Thomas Watters and Mr. Sitthiporn Ratanopas in place of Mr. Sawanit Kongsiri and Mr. Boonchoo Direksathapon, who resigned from EGCOMP, respectively effective from March 20, 2000. Sincerely yours, Worawit Khamkanist Managing Director