THE RESOLUTIONS OF SHAREHOLDERS' ANNUAL GENERAL MEETING

No. EGCO 310/195 Date : April 30, 2001 Attn : President of the Stock Exchange of Thailand Subject: The resolutions of Shareholders' Annual General Meeting No.1/2001 Electricity Generating Public Company Limited (EGCOMP) would like to inform the Stock Exchange of Thailand that the Shareholders at the Annual General Meeting No. 1/2001 held on April 30, 2001 unanimously passed the following resolutions: 1. To approve the minutes of Shareholders' Annual General Meeting No.1/2000 held on April 28, 2000. 2. To approve the Board of Directors' annual report on the Company's operations in the previous year. 3. To approve the audited Balance Sheet and Profit and Loss Statement as at December 31, 2000. 4. To approve the appropriation of the net profit amounting to Baht 1,216,740,899 to legal reserve amounting to Baht 60,837,045 and approved to pay the dividend for the operation during January 1 - December 31, 2000 at Baht 2 per share on May 16, 2001. 5. To approve the fifth year allocation of equity warrants amounting 46,800 units, under the five year program already approved by the Shareholders' Extraordinary Meeting No.1/1995 held on August 22, 1995, to the directors of the Company and its subsidiaries who are presently the employees of the Company and its subsidiaries as follows: Name Number of Warrants to be allocated (Units) 1. Mr. Sitthiporn Ratanopas 26,200 2. Mrs. Chutiporn Prayong 6,400 3. Mr. Voravit Potisuk 5,100 4. Mr. Sakul Pochanart 4,900 5. Mr. Gumpanart Bumroonggit 4,200 6. To appoint the following persons as the auditors for the year 2001: 1. Ms. Nangnoi Chareonthaveesub CPA#3044 2. Mr. Prasarn Chuaphanich CPA#3051 3. Mr. Vichien Khingmontri CPA#3977 of PricewaterhouseCoopers ABAS, Ltd. with the remuneration of not exceeding Baht 1,630,100. 7. To appoint EGCOMP's Directors replacing the retiring directors and determine the remuneration for the Directors for the year 2001. The details are as follows: 7.1 The retiring Directors are as follows: - Mr.Sirin Nimmanahaeminda - Dr.Khien Vongsuriya - Mr.Thomas Watters - Mr. Sitthiporn Ratanopas. 7.2 To reappoint Mr.Thomas Watters and Mr.Sitthiporn Ratanopas as EGCOMP's directors 7.3 To appoint M.L. Chanaphun Kridakorn and Mrs. Angoon Kamolyabutr as EGCOMP's directors. 7.4 The Board of Directors' remuneration was approved as the shareholders proposed. 8. To approve the amendment of item 36 of the Article of Association of EGCOMP pursuant to the Notifications of the Securities and Exchange Commission Kor Jor. 12/2000 Re: "Application and permission for the offering of new shares" dated March 22, 2000 and for EGCOMP's business flexibility. The minutes of Shareholders' Annual General Meeting No.1/2001 held on April 30, 2001 will be reported by May 14, 2001. Moreover, the Board of Directors at the meeting No. 1/2001 held on April 30, 2001 appointed Mr. Sommai Phasee as the Chairman of the Board of Directors to succeed Mr. Viravat Chlayon, who resigned from the Chairman of the Board, however, he still remains the member of the Board. Yours sincerely, Machima Kunjara Na Ayudhya Acting for Managing Director