EGCOMP'S DISCLOSURE AT "THAI CAPITAL MARKET ROUNDTABLE"

No. EGCO 350/077 Date : March 5, 2002 Attn : The President of the Stock Exchange of Thailand Subject : EGCOMP's Disclosure at "Thai Capital Market Roundtable" Reference is made to Non-deal Roadshow, "Thai Capital Market Roundtable", organized by Morgan Stanley during March 4-5, 2002 at Singapore. The representative of the Ministry of Finance, the Stock Exchange of Thailand (SET) and well-known listed companies including the Electricity Generating Public Company Limited (EGCOMP) present the economic overview, tendency, and operating results of the listed companies to foreign investors. The foreign investors interested in and asked EGCOMP's executives regarding its strategy to create shareholders' value and pursue growth of the company. There was a question concerning the amount of dividend payment as the profit of the 2001 operating results, which was approximately 2,939,000,000 Baht or 5.6 Baht/share, and the dividend payment policy at approximately 40% of the net profit. Moreover, EGCOMP has sufficient cash and will not invest in the low quality projects, which cannot sustain shareholders' value. EGCOMP's executives stated to the investors that this issue is in the process of submission to the Board of Directors and the Shareholders' meeting. Therefore, EGCOMP cannot disclose the amount of dividend payment from the 2001 operating results to the investors at this moment. However, EGCOMP confirmed to pay dividend at approximately 40% of the net profit and at least 2 Baht/share as reported to the SET. EGCOMP's executive also informed the possibility of the consideration of the additional dividend payment with continuity and stability along with the growth pursuit of EGCOMP. The significant strategy is to acquire the EGAT's spin-off assets by 2004 according to the privatization plan of the Ministry of Finance that has been presented to the foreign investors in Thai Capital Market Roundtable. Therefore, EGCOMP would like to inform the aforementioned disclosure to the SET in order to relay the message to all investors with transparency and equitability. Sincerely yours, Sitthiporn Ratanopas President and CEO